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
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
As the tax year 2023 is around the corner, our Tax Team at Asterisk Corporate Services in association with our associates at Nikita & Partners
Cyprus is now considered as an ideal tech hub for a company looking to launch its business operations. With the growth of various defining sectors,
Building economic substance in a foreign jurisdiction can be a nerve-racking and a resource wasting process if not done correctly. From the other hand, if
New Tax Exemptions for Expats Cyprus Parliament has approved a new law to encourage foreign Companies to set up base in Cyprus. This new law
On 30th of June 2022 the Cyprus parliament has voted into law the long anticipated documentation requirements on transfer pricing (law and regulations) effective from
It’s safe to say that the digital nomad way of living is one of the fastest-growing lifestyles we have today. There are estimations, which assume
Cyprus is a well known jurisdiction in Europe for doing business as it offers many benefits to Companies and Individuals, as outlined here. One of
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