CA Advocates launches CA FIDUCIA GROUP and the opening of a new office in The Netherlands

CA FIDUCIA - CYPRUS

The Cyprus office of CA FIDUCIA will deal with the provision of fiduciary services in Cyprus, such as incorporation and management of Cyprus companies, incorporation and management of Investment Firms, Investment Funds, the establishment of Trusts and the provision of nominee services to Cyprus companies as well as other related services.

The Cyprus office will also provide the liaising and co-ordination for the provision of fiduciary services in other jurisdictions offered through our well trusted associates.

Re launch of the Polish Cypriot Chamber of Commerce

The Polish Cypriot Chamber of Commerce, a bilateral business association, convened on Tuesday 29 October 2013 in Nicosia, Cyprus for an Extra Called General Meeting in which a new Board of Directors was elected. The meeting was held at the Polish Embassy in Nicosia, Cyprus and was addressed by H.E. the Ambassador, Mr. Mr. Paweł Dobrowolski.
The new board moved swiftly with the registering of the Association with the Cyprus Chamber of Commerce & Industry and proceeded to nominate and elect Ms. Celia Pourgoura of CA Advocates (Pourgoura & Aspri LLC) as its new President. The new arrangement means that the Polish Cypriot Chamber of Commerce becomes the first European business association operating under the auspices of the Cyprus Chamber of Commerce & Industry with dual seats being registered associations in both Cyprus and Poland. It is also the first Association with a female President signalling the Associations intent to be pioneering in other aspects as well and a drive for increased interest in what could be said to be an under exploited market for Cypriot goods and services. With the current and long-standing positive financial indicators of the Polish market, reciprocal interest in Cyprus as a hub for professional services and more will also be pursued.

Incorporations of BV Holding Companies in The Netherlands increased in the last year

Incorporation of the BV Holding Companies increased in number the last 12 months. This is mainly due to the abolishment of the Euro 18,000 capital requirements. According to the Chamber of Commerce of The Netherlands, the number of new BV’s incorporated over the past 12 months in The Netherlands for holding purposes has risen by 55%.
A BV is the most frequently used legal form in Netherlands since the shareholders of the company cannot be held personally liable for the company’s debts or other obligations and the name of the shareholders do not have to be disclosed to the Trade Registry.
The Dutch civil-law notary is the competent authority regulating the incorporation of a BV and an NV.
The minimum capital requirement for the incorporation of a BV is €0.01 whereas for an NV is €45.000.
According to the Dutch respective regulations, a BV is allowed to issue only registered shares, whereas an NV is allowed to issue both registered and bearer shares. Both types of companies are allowed to create different classes of shares.

Cyprus and The Netherlands: Tax efficient IP Jurisdictions in Europe

Intellectual Property (IP) has become one of the fastest developed sectors in the last few years due to the increasing need for protecting the intangible assets owned by an individual or a legal entity.
The term Intellectual Property is wide enough to cover a range of intangible assets such as Copyrights, Patented inventions and Trademarks. Choosing the ideal location for establishing an IP structure, an IP holder ensures the protection of the IP and takes advantage of the tax incentives offered by the chosen jurisdiction. Further information is provided in relation to Cyprus and The Netherlands, two of the most beneficial and tax efficient EU jurisdictions for setting up an IP company.

Cyprus and Netherlands: Tax efficient IP Jurisdictions in Europe

Intellectual Property (IP) has become one of the fastest developed sectors in the last few years due to the increasing need for protecting the intangible assets owned by an individual or a legal entity.

The term Intellectual Property is wide enough to cover a range of intangible assets such as Copyrights, Patented inventions and Trademarks. Choosing the ideal location for establishing an IP structure, an IP holder ensures the protection of the IP and takes advantage of the tax incentives offered by the chosen jurisdiction. Further information is provided in relation to Cyprus and the Netherlands, two of the most beneficial EU jurisdictions for setting up an IP company.