SPECIAL NOTICE ABOUT THE HAITI DISASTER:

100,000 + Haitians are awaiting rescue in the wake of the devastating earthquake.  Up to 50,000 people may be dead.  1,000’s more have been injured and there are unknown numbers of people still trapped under piles of rubble. (Source: BBC)
Due to these terrible events we are making the following [...]

Polish businesses are realising it makes sense to set up a Cyprus company.
More and more Polish entrepreneurs and businesspeople are setting up business structures involving Cyprus companies.
As a full member of the EU, Cyprus tax and legal systems offer many advantages and solutions when compared to other offshore juristdictions either in side or outside of [...]

For 6,000 years stamps and seals have been used to provide a distinctive mark often to signify authority.  Stamps that leave a print or seals that make an engraving have both been used.
The tradition has carried on through the ages including the use by Kings and governments and merchants.  In modern times the use has [...]

Trading conditions are hard and looming increases in business and personal taxes will make conditions even harder.  Business is rushing to move profits offshore and reduce taxes; legally and properly; and there’s not much the Revenue can do about it!
UK companies are looking for legitimate solutions that enable them to remain profitable by reducing their [...]

What a good year for the Goodyears (Car hire sector booms and move motors offshore)
The world car hire market is worth about £40 billion annually.  And about 805 of booking are handled vie the internet. That explains why it’s one of the most competitive sectors on the web.  This article explains why this year has [...]

A Rough Guide to Cyprus Corporation Tax
The rate of corporation tax is 10%.  Companies pay corporation tax. Sole traders and partnerships do not pay corporation tax.  All companies that are tax-resident in Cyprus are taxed on income whether it comes from Cyprus or anywhere else in the World.  Companies which are not tax‑resident in Cyprus, [...]

Cyprus and Russia have signed a protocol to their 1998 double taxation treaty.  Hitherto the treaty has been regarded as one of the most favourable signed by Russia.  In the 2009 protocol measures will be adopted that will affect the tax treatment of the sale of Russian real estate to the possible disadvantage of Russian [...]

CONSULTANCY SERVICES COMPANIES
If you thought being a consultant or a provider of professional services was tough before, then the last year has proved you right!
Today professionals are working for tighter margins, chasing smaller markets, and in a more tightly regulated market. However there are ways in which a professional can help him or herself; professionals [...]

From January 1st 2010 a series of changes to EU VAT law will be applied which will run through to 2015.  This first phase will especially affect business that trade internationally.  Businesses will need to be compliant with the new regulations in order to avoid potential penalties by 01/01/2010.
Key changes:

Place of supply of [...]

Car rental businesses are moving offshore to save tax.  For a few hundred pounds, e-commerce car rental businesses can move their business from a high tax country, to a low or even nil tax country.
Depending on the specifics of the directors and the business, a new structure can be as simple as an offshore company [...]