Финансово-консалтинговая компания CYWORLD WEALTH
<h1 class="entry-title">Category: News</h1>
14 Sep
Curacao extends tax filing deadline Cyworld wealth Advocate Cyprus

Curacao extends tax filing deadline

Curacao extends tax filing deadline The Curacao government has issued a Tax Office notice stating that the 2020 tax filing deadline is being extended for some taxpayers. The renewal is provided due to the unavailability of the portal of tax returns for taxpayers who can distribute part of their profits abroad and who are engaged […]

13 Sep
Marshall Islands Corporate Registry Offers Free Redomiciliation Advocate Cyprus CYWORLD WEALTH

Marshall Islands Corporate Registry Offers Free Redomiciliation

Marshall Islands Corporate Registry Offers Free Redomiciliation The corporate registry of the Republic of the Marshall Islands (RMI) believes that the use of certain jurisdictions to initiate a business has become impractical. Jurisdictions that were once business-friendly now have less-than-satisfactory ratings from international regulators, and some are not politically stable. Recognizing these issues, RMI is […]

13 Sep
Switzerland wants to increase taxation of individual capital income CYWORLD WEALTH Advocate Cyprus

Switzerland wants to increase taxation of individual capital income

Switzerland wants to increase taxation of individual capital income On September 26, 2021, the Swiss electorate will vote on a proposal that will increase the taxation of capital income for individuals. The proposal essentially stipulates that tax on capital gains in excess of a certain amount will be calculated on 1.5 times the amount of […]

13 Sep
Cook Islands Issues New Tax Liability Guidelines for International Companies Cyworld wealth Advocate Cyprus

Cook Islands Issues New Tax Liability Guidelines for International Companies

Cook Islands Issues New Tax Liability Guidelines for International Companies New tax obligations for international companies The Law on Amendments to the Law on International Companies (Cancellation of Tax Benefits) of 2019 abolished tax incentives for international companies on December 17, 2019 and provided a transition period (also known as the “grandfather period”) for existing […]

07 Sep
EU suspends implementation of digital tax plan Hadjivangeli Advocate Cyprus

EU suspends implementation of digital tax plan

EU suspends implementation of digital tax plan The European Commission said it would postpone its plan to implement a digital tax in the European Union so as not to jeopardize efforts to secure a global agreement on fairer taxation. At a meeting in Venice, the G20 finance ministers approved a plan agreed by 132 countries […]

04 Sep
How are crypto assets regulated in Cyprus? Advocate Cyprus CYWORLD WEALTH

How are crypto assets regulated in Cyprus?

How are crypto assets regulated in Cyprus? On January 10, 2020, EU Directive 2018/843 entered into force in Europe, and all Member States were required to implement the Fifth Anti-Money Laundering Law (AML). On 23 February 2021, Cyprus amended its Law on the Prevention and Suppression of Money Laundering and the Financing of Terrorism 188 […]

02 Sep
What is BEPS 2.0? CYWORLD WEALTH Advocate Cyprus

What is BEPS 2.0?

What is BEPS 2.0? To eliminate the risks of erosion of the tax base and the withdrawal of profits from taxation (BEPS) arising from the digitalization of the world economy, the Organization for Economic Cooperation and Development (OECD) issued a statement on July 1, 2021 on revising the framework of international tax reform. The new […]

30 Aug
Barbados prepares to implement a global minimum tax Advocate Cyprus CYWORLD WEALTH

Barbados prepares to implement a global minimum tax

Barbados prepares to implement a global minimum tax According to the latest reports, the government of Barbados is preparing for the implications of the proposed two-pronged solution for international tax reform, including a global minimum tax at the second tier. Rather than opposing a minimum tax, the government is considering various options to encourage companies […]

29 Aug
How can you immigrate to Cyprus? Русскоязычный адвокат CYWORLD WEALTH

How can you immigrate to Cyprus?

How can you immigrate to Cyprus? If you want to obtain a residence permit in Cyprus and are ready to invest in the economy of the state, you can apply for a permanent residence permit (Category F) in the standard procedure. So you can get permanent residence in 1 year. To be eligible to participate, […]

28 Aug
Mauritius Announces New Tax Credits for 2021-2022 Budget Advocate Cyprus CYWORLD WEALTH

Mauritius Announces New Tax Credits for 2021-2022 Budget

Mauritius Announces New Tax Credits for 2021-2022 Budget Mauritius announced numerous tax breaks for investors and foreigners in its recently published budget law. The budget provides for a preferential corporate tax rate of three percent, instead of 15 percent, for companies operating in the medical, biotech and pharmaceutical sectors. In addition, companies building factories for […]

09 Aug
Cyprus Electronic Money Institution (EMI) CYWORLD WEALTH Advocate Cyprus

Cyprus Electronic Money Institution (EMI)

Cyprus Electronic Money Institution (EMI) The Central Bank of Cyprus acts as the regulator for all matters related to electronic money in Cyprus. Who can issue electronic money? Banks. Cooperative credit institutions. Electronic money institutions. EMI, once established and properly licensed, can offer its services in all EU member states on a cross-border basis without […]

09 Aug
Paolo Gentiloni on the BEFIT Initiative and the OECD Two-Pillar Solution CYWORLD WEALTH

Paolo Gentiloni on the BEFIT Initiative and the OECD Two-Pillar Solution

Paolo Gentiloni on the BEFIT Initiative and the OECD Two-Pillar Solution The European Parliament has published the response of the European Commissioner for Economics Paolo Gentiloni to the question about the plans of the European Commission regarding business in Europe. The answer concerns the Income Tax Framework Initiative (BEFIT) and the OECD two-pillar decision. The […]

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