For taxation purposes, companies and individuals, are categorised as:
(a) residents or
(b) non — residents.
A company or an individual are taxed in Cyprus only if they are residents of Cyprus according to the meaning of “resident” as defined in the taxation laws.
The tax system considers a company…
The legal framework governing trusts in Cyprus is based on The Trustees Law, Cap. …
Security Token Offerings (STO) is the new method of fundraising. STO follow a similar structure to ICO. They involve the sale of crypto tokens which are built on a blockchain and are backed by something of value (i.e. …
The law as to Listed Companies will undergo significant changes upon the implementation of the European Union Directive 2017/828, (hereinafter to referred to as “the Directive”).
As per the Directive, the shareholders of Listed Companies, upon relevant request by the Listed Company they hold shares, will be fully disclosed…
The Cyprus Film Scheme (the “Scheme”) which was drafted in accordance with European regulations, the objective of which is to promote the European culture and to provide investment aid for small and middle-sized enterprises (the “SMEs”), was approved in September 2017 as a means for promoting and advancing the film…
OVERVIEW OF THE REGISTERED ALTERNATIVE INVESTMENT FUND (RAIF)
B. WHO CAN BENEFIT FROM THE SET UP OF A FUND
C. WHY SET UP A FUND IN CYPRUS
D. TYPES OF ALTERNATIVE INVESTMENT FUNDS IN CYPRUS
E. THE REGISTERED ALTERNATIVE INVESTMENT FUND (RAIF)
1. Authorisation Process
2. Legal Forms
3. Fund Manager
4. Depositary Requirements
The term ICO has been at the epicentre of discussions in the FinTech industry, being the main method of fundraising used by startup companies to develop innovative ideas on the Blockchain technology or other applications using Distributed Ledger Technology (“DLT”).
Initial Coin Offering, known as “ICO”, is a relatively new phenomenon that has quickly become the main player in the Financial Services and Crowdfunding industries, as well as being the key subject of discussion in the Blockchain communities. …