Dec 10, 2018 | News-Events
The Supreme Court of Cyprus has recently upheld a judgement of a District Court by which the latter ordered electronic disclosure of numerous trading accounts of the applicant Mr. Dababou (the “Applicant”), against MetaQuotes Software, the well-known Forex trading...
Nov 6, 2018 | News-Events
The Central Bank of Cyprus on the 2/11/2018 issued a new circular substituting the one of 14/6/2018 setting out a revised definition of shell companies, entering into force immediately. Definition of Shell Companies: The term “shell company/entity” refers to a limited...
Sep 10, 2018 | News-Events
The Cyprus Tax Department issued the tax circular EE25 on the Non Return Capital Contributions. NRCC refers to when a Cyprus company contributes to the net assets of its foreign subsidiary company without the latter issuing new shares. The tax circular is in Greek so...
Sep 10, 2018 | News-Events
The Cyprus Tax Department issued a circular EE23 dated 22nd August 2018 and announced that the necessary legal implementation procedures for the application of the double tax treaty between Cyprus and Luxemburg have been finalised by the two countries. The Treaty was...
Sep 10, 2018 | News-Events
The Cyprus Tax Department issued a circular EE24 dated 22nd August 2018 and announced that the necessary legal implementation procedures for the application of the double tax treaty between Cyprus and United Kingdom have been finalised by the two countries. The Treaty...
