January 29, 2013

Newsletter January 2013

Cyprus Removed from Russian Black List
On 1st January 2013 Cyprus has been removed from the Russian black list. This removal has been one of the changes that were brought about by the Protocol to the Double Tax Treaty signed between Russia and Cyprus on 7th October 2010.
The removal of Cyprus from the Russian black list has a great meaning for Cyprus. This would mean that dividends received by Russian companies from Cyprus subsidiaries can qualify for the Russian dividend participation exemption.

January 10, 2013

What you need to know when establishing a cyprus company

Cyprus Companies Law, CAP 113 (hereinafter “the Law”) sets out all the requirements for registering Cyprus companies. Therefore, it is the core statutory law for corporate law in Cyprus.

What are the requirements for establishing a Cyprus Company?