Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
-
Cyprus is the third most populated island in the Mediterranean Sea. It is strategically located at the crossroads of Europe, Africa and the Middle East. Traditionally Cyprus has always been at the heart of the seafaring trade and therefore always functioned as an important centre for trade and commerce. Today as a member of the European Union it remains an optimal business base. It is one of the most attractive locations for foreign investments worldwide. Foreign companies have been given the opportunity to invest and establish business in Cyprus on equal terms with local investors as no distinction is made between foreign and Cypriot companies.
-
Reminding our clients, associates and friends of the favourable investment and tax environment of Cyprus
-
South Africa has excellent and long standing bilateral relations with Cyprus . These strong ties are further cemented with the help of the large and influential Cypriot (and Greek) community in South Africa , numbering about 60,000. The Cypriot Community also serves as a link between the two countries, both politically and economically.
-
Money laundering is an international problem and requires the active assistance of a number of professionals and institutions to address it and suppress it.
-
Cyprus approved licenses for exploratory drilling to exploit offshore oil and gas deposits in four blocks off its shore. Drilling permits were approved for blocks 2,3,9 and 11. Those interested in searching for hydrocarbons within Cyprus’ exclusive economic zone are Russia, France, Italy and South Korea.
-
On the 8th of November 2012, the representatives of Cyprus and Ukraine signed the Double Tax Treaty in order to replace the existing one which dates back to the 1982 and was concluded with the USSR.
-
As from the 1st of January 2013, Cyprus will no longer be in the Russian Black list. This will have an immediate positive impact on both countries investment's.
-
On the 8 th of November 2012, the
governments of the Republic of Cyprus and the Ukrainian People's Republic
concluded a new double tax treaty replacing the 30 year old USSR - Cyprus
treaty. The new treaty aims to put an end to the long standing uncertainty that
existed in the future investment relationship between the two countries and to
create a new framework that will ensure that a stable tax environment will
exist in the years to come.
-
The
Trust
-
THE LEGAL FRAMEWORK FOR CYPRIOT COMPANIES AND HOW THESE COMPANIES ARE USED IN THE CORPORATE FINANCE TRANSACTIONS
