ASTERISK BLOG

Why Portuguese non-habitual tax residents incorporate Cyprus Companies?
The Portuguese Non-Habitual Resident program (NHR) is a Portuguese tax regime designed to attract foreign investors, professionals, and pensioners to live and work in Portugal

EU blacklists Russia, BVI and others for tax purposes
EU has updated its list of blacklisted jurisdictions on the 14th of February 2023 with the most notable additions being Russia, BVI and Marshall Islands.

Introducing our new service – Bespoke Accounting Policies Manual
Today, here at Asterisk Corporate Services, we are proud to present you with our new bespoke solution – preparation of custom Accounting Policies and Procedures

Yiannis Matsis: “Cyprus ticks more boxes than competitor EU countries in attracting foreign businesses”
Interview reposted from Succesful Business Magazine and aims to provide you a good understanding on why Cyprus is an attractive business destination for global organizations,

5 ways to reduce business tax liability
In today’s competitive business environment, every euro counts. One way for businesses to keep more of their hard-earned money is to reduce their business tax

5 Reasons Why Incorporating a Company in Cyprus Can Unlock the Potential of the EU Market for Your Business
Introduction Incorporating a company in Cyprus can provide numerous benefits, including access to the European Union (EU) market. The EU is a large and lucrative

Cyprus introduces withholding tax on dividends paid to blacklisted countries
Key Takeaway: From 31/12/2022 withholding tax of 17% will be imposed on Cyprus Companies paying dividends to companies resident in EU blacklisted countries. A law

Cyprus Company Tax Residency – Incorporation Rule
Key Takeaway: As from 31/12/2022, every Cyprus Company upon incorporation will be considered Cyprus Tax Resident by default, unless the said Company is tax resident

Do BVI Companies need to submit Financial Statements? 2023 update – Annual Returns
One of the most frequent questions we receive at our BVI site – bviaccountants.com – is whether the British Virgin Islands (BVI) Business Companies Act requires BVI Business