info@cxfinancia.com     Mon - Fri 9:00 - 18:00     +357 22323461     CXFInancia Support

Articles

Why Fund Managers choose Cyprus as their place of employment?

By Xenia Neophytou | October 19, 2018

On 10th July 2018 the Parliament of the Republic of Cyprus passed significant amendments to the Law 131(I)/2014 on Alternative Investment Funds (AIFs). The amendments are giving emphasis to the introduction of the Regulated Alternative Funds (RAIFs).As a result of these, the Cyprus tax legislation introduced new provisions applicable to fund managers. The new tax…

Are you a UK national? This is why you should look at Cyprus now!

By Xenia Neophytou | October 14, 2018

This article is discussing the substantial tax benefits that UK domiciles (nationals) may gain by considering relocation in Cyprus for tax purposes. There are two main tax reliefs for UK domiciles (nationals) who relocate in Cyprus and become Cypriot tax residents: First employment tax relief for several years which may reach up to a 50%…

Interesting Tax Planning opportunities for UK Investors in Cyprus

By Xenia Neophytou | October 2, 2018

      The rules determining whether or not an individual is a UK tax resident can probably be considered to be one of the most complex and detailed rules in the world. These rules are summarised in the table below: Days in UK Previously Resident (R) Not Previously Resident (R)  < 16  Automatically NOT…

New Alternative Investment Funds Legislation

New Alternative Investment Funds Legislation to Boost Cypriot Funds Industry

By Xenia Neophytou | July 15, 2018

On 10th July 2018 the Parliament of the Republic of Cyprus passed significant amendments to the Law 131(I)/2014 on Alternative Investment Funds (AIFs). The amendments are giving emphasis to the introduction of the Registered Alternative Funds (RAIFs). The main characteristics of RAIFs are: Must be registered with the Cyprus Securities and Exchange Commission (CySec) but…

Double Tax Treaty between Cyprus & Georgia

Double Tax Treaty between Cyprus & Georgia and Intellectual Property Company

By Xenia Neophytou | June 2, 2018

Tax benefits of the Double Tax Treaty between Cyprus & Georgia and the 80% tax exemption of Cypriot IP companies The Double Tax Treaty (DTT) which was signed between Cyprus and Georgia on 13th May 2015 and came into force on 4th January 2016 is aiming to strengthen the economic relationships of the two nations…

Cryptocurrency Developments Around the World

A brief look in the cryptocurrency developments around the world

By Xenia Neophytou | May 26, 2018

Following the increasingly growing demand for cryptocurrencies, it’s becoming more apparent that digital coins are here to stay. Even though users have overwhelmingly embraced the new trend, governments worldwide remain reluctant as there is no central authority or government body to lay down the groundwork for dealing with this new financial instrument (assuming one classifies…