Финансово-консалтинговая компания CYWORLD WEALTH
<h1 class="entry-title">Category: News</h1>
19 Nov
Tax for EU Blacklisted Companies in Cyprus CYWORLD WEALTH Advocate Cyprus

Tax for EU Blacklisted Companies in Cyprus

Tax for EU Blacklisted Companies in Cyprus The Ministry of Finance of the Republic of Cyprus has published a draft budget law for 2021. This document provides for an additional tax for companies that are registered in jurisdictions included in the EU “blacklist”. The corresponding change has already been approved by the Council of Ministers […]

18 Nov
Benefits of company incorporation in Malta Advocate Cyprus CYWORLD WEALTH

Benefits of company incorporation in Malta

Benefits of company incorporation in Malta 1. Lowest corporate taxes in the EU Corporate taxes in Malta are 35%, a flat rate, which is the highest in the EU. However, you can reduce it to an effective tax rate of 5-7% by distributing all of the holding company’s profits. 2. Reasonable income taxes Income taxes […]

04 Nov
Protocol to the tax agreement between Turkey and Ukraine CYWORLD WEALTH Advocate Cyprus

Protocol to the tax agreement between Turkey and Ukraine

Protocol to the tax agreement between Turkey and Ukraine comes into force The pending protocol to the 1996 Income and Capital Tax Agreement between Turkey and Ukraine will enter into force on November 30, 2020. The protocol, signed on October 9, 2017, is the first protocol to amend the treaty and include the following changes: […]

30 Oct
Luxembourg publishes updated guidance on DAC6 reporting CYWORLD WEALTH Advocate Cyprus

Luxembourg publishes updated guidance on DAC6 reporting

Luxembourg publishes updated guidance on DAC6 reporting On October 28, 2020, the Luxembourg Tax Administration published the updated DAC6 reporting guidelines. The guide provides an overview of the reporting requirements and information to be provided on reporting mechanisms. The guidelines also cover deadlines for reporting mechanisms, including details of the initial grace period for DAC6 […]

20 Oct
Jersey Extends Deferred Social Security Contributions CYWORLD WEALTH Advocate Cyprus

Jersey Extends Deferred Social Security Contributions

Jersey Extends Deferred Social Security Contributions The Jersey government has issued an order for an additional deferral of social security contributions due to COVID-19. Jersey authorities have published Social Security Order 2020, which was passed on 30 September 2020 and entered into force on 1 October 2020. The original order, which was passed in April, […]

20 Oct
UAE publishes rules for maintaining the register of beneficiaries Advocate Cyprus CYWORLD WEALTH

UAE publishes rules for maintaining the register of beneficiaries

UAE publishes rules for maintaining the register of beneficiaries Since October 2020, UAE companies have been forced to provide data on the ultimate beneficiaries. The Cabinet of Ministers of the Emirates adopted Resolution No. 58, which contains the requirements for maintaining this register. In particular, all companies will report on the beneficiaries, except for those […]

30 Sep

Cyprus Independence Day

Dear Clients! Our team informs you that tomorrow, due to the Cyprus Independence Day, our office will be closed. We will be glad to see you on October 2. Kind regards, CYWORLD WEALTH TEAM

Moldova clarifications on filing revised tax returns

Moldova clarifications on filing revised tax returns On September 14, 2020, the State Tax Service of Moldova issued a clarification regarding the filing of amended tax returns. The clarification provides that if a taxpayer files a return and finds that corrections are needed before the standard deadline expires, the amended return may be filed before […]

16 Sep

Income tax for companies in the Maldives

Income tax for companies in the Maldives The Maldives Tax Authority (MIRA) issued a circular that changed the reporting rules for legal entities. From now on, organizations must file interim income tax returns. In this case, the submission is carried out without fail and in electronic form. All companies that pay income tax are required […]

14 Sep

Russia is reforming corporate governance

Russia is reforming corporate governance The authorities of the Russian Federation issued Order No. 1723-r, which formulates ways to improve legislation in the field of corporate governance and improve the business climate. Among the changes, it is also planned to amend the Federal Law “On International Companies and International Funds” in terms of clarifying the […]

10 Sep

Greece grants additional tax relief in connection with COVID-19

Greece grants additional tax relief in connection with COVID-19 Greece has provided additional tax breaks in response to the impact of the COVID-19 pandemic. In particular, the payment deadline will be extended until April 30, 2021, for certified tax arrears of individuals and legal entities. With regard to individuals and legal entities, a suspension of […]

03 Sep

HURRICANE WARNING IN BELIZE

HURRICANE WARNING IN BELIZE On Wednesday, September 2, 2020, the National Emergency Management Organization informs the Belizean authorities of the activation of the hurricane and tropical storm warning/surveillance system, as these weather conditions reached their maximum capacity as of yesterday. In preparation for a possible hurricane strike, Belizeans must make all necessary preparations to keep […]

Request a call back

Want to consult with one of our financial advisers by phone? Leave your details and we will contact you shortly. You can contact us by specifying your email.

    Получить консультацию

    Хотите проконсультироваться с одним из наших финансовых консультантов по телефону? Оставьте свои данные и мы свяжемся с вами в ближайшее время. Вы можете связаться с нами указав свою электронную почту.

      Order service

        Заказать услугу