Cypriot lawyers Archives - Page 5 of 6

Forensic Accounting in Cyprus

Forensic accounting is a procedure which is usually used in litigation proceedings. It represents an extensive analysis on the financial documents of a company, in order to identify various financial actions or to certify the accuracy of such documents, which have to be drafted in accordance with the applicable legislation…

Open an IT Company in Cyprus

The IT sector in Cyprus is pretty much dominated by Cypriot companies and a few foreign entities which have a local office. There is a small amount of Greek and global players which conduct their activities in Cyprus through their Greek offices. At the moment, the European Commission predicts a…

Directors in Cyprus

A director refers to an individual who serves on the board of directors of a corporation. Directors in Cyprus are elected by shareholders, representing interests and overseeing company management. Corporate directors have a vital responsibility in formulating strategic choices, establishing company policies, and guaranteeing the company's operations prioritize the well-being…

Company Due Diligence in Cyprus

Cyprus is an attractive country for foreign investors. Numerous business people come here to open a company, while others take part in various partnerships with local companies. Foreign business people who do not know too much about their Cypriot partners can appeal to different kind of procedures to check if…

Real Estate Investment Trusts in Cyprus

The real estate market represents a very profitable industry for companies or businessmen who invest their financial assets in this industry. One of the ways in which an investor can access the real estate industry in Cyprus is through a real estate investment trust (REIT), which is a designated investment…

Become a Cypriot Citizen by Purchasing Property

Numerous reports made public have placed Cyprus among the top countries which represent European investment destinations. The reason for this is, among others, the incentives introduced by the local government to foreign entrepreneurs who want to move in this country by making important investments. One of these incentives is the…

How to Open an Offshore Company in Cyprus

An offshore company represents a business which is set up outside the country where an individual resides and pays taxes. The main reasons why business owners choose to open offshore companies in Cyprus are the tax reductions which they can enjoy and the asset protection offered in this country. In this article, our lawyers in Cyprus describe briefly how to…

Cyprus – Austria Double Tax Treaty

Double tax treaties are important for businessmen as they contain numerous provisions related to tax deductions or exemptions. Austrian investors interested in the business environment available in Cyprus can benefit from the provisions of the double tax agreement (DTA) signed by the representatives of the two states. The treaty is mutually applicable for the citizens of Cyprus and Austria and it provides a…

Open a Financial Company in Cyprus

The financial sector in Cyprus is made of financial institutions such as banks, insurance businesses and other companies which activate in this field. The legal frame in the country which is related to the financial sector is in alignment with the rules imposed by the European Union. Our lawyers in…

Taxation for Sole Traders in Cyprus

A sole proprietorship, also called a sole trader, in Cyprus, is the most basic type of business vehicle in this country. It implies having a single owner who entirely controls the business. This type of legal entity, according to the Cypriot legislation, is not considered a legal person. Therefore, there…