About the Process On many levels, buying property in Greece –particularly if you are a foreign national – can be a rather complicated and sometimes confusing process. This is why seeking legal advice beforehand is so important. As a general rule, a foreign national can purchase real estate in most locations in Greece. However, non-EU…
As from 2011 all registered Cyprus companies are obliged to pay an annual charge of Euro 350 in order for the companies to be in good standing and to remain in the register of Cyprus companies at the Registrar of Companies. For Cyprus companies which belong to a group of companies the total amount of…
On 20th of October Cylon’s Quarterly Investment Forum was launched in UK, London. This event was well attended and the registration for the Platinum Club has exceeded our expectations. Platinum Club is a members networking Club and membership is by invitation only. Platinum Club Members will be entitled to receive newsletters of past and forthcoming…
In a long-awaited move, an agreement between United Kingdom and Switzerland was signed on 24th of August 2011. The agreement provides for a 19% to 34% one off deduction of all United Kingdom individual taxpayers. Such deductions will settle past tax liabilities for all accounts that are to remain undeclared. For declared accounts deposits will…
CYLON’s Quarterly Investment Forum, held in UK, London. We expect to see you all there.!!
Multi-disciplinary. Multi-jurisdictional. This is what CYLON is here to fill. The gap in professional service provision today is the limit on jurisdictions or disciplines. Regulatory silos stop us from doing our best for the client. This inefficiency of the professional service provision market is the reason we decided to engage in a much aspiring attempt…
In a recent article of the Economic Times, published on the 19th of April, is reported that the Ministry of Finance is requesting for a renegotiation of the India – Mauritius Double tax treaty. More specifically the article reports that: “The finance ministry has written to MEA for renegotiation of the tax treaty to ensure…
In a recent article published, our tax advisor and auditor Charis Hadjioannou explains how a Greek legal person is exempted from withholding tax on dividends or other payments, towards another legal entity resident in another European Union state (i.e. Cyprus). For review of the full article. Φορολογία μερισμάτων που διανέμουν νομικά πρόσωπα σε εταιρείες άλλου…
Cyprus Banks will now have to pay a levy on all deposits they hold at the end of each financial year. The levy will be calculated on all deposits, other than interbank and deposits from financial institutions. This special bank levy will be at the rate of 0.095%. This measure is projected to raise an…
Today we publicly start a new journey in the world of international business. We concentrate on India. Our extensive experience in the field of International Tax & Structuring and few months of work with our existing India clients convinced us that Cyprus has lot more to offer to India, than its current contribution. The current…