Forex Trading, Opening CIF

Opening an Investment Firm in Cyprus

By Xenia Neophytou | November 19, 2019

Under the CIFs and Investment Firms Law, investment firms are controlled by the Cyprus Securities and Exchange Commission. Investment firms that offer services to third parties need to have a license from CySEC. This license allows companies to establish another branch in EEA jurisdiction without any additional license.   License To get CySEC’s authorization for…

Setting-up a Cyprus Investment Firm (“CIF”)

Setting-up a Cyprus Investment Firm (“CIF”)

By Xenia Neophytou | October 13, 2019

The company formation procedure in Cyprus is basically the same for all business entities; having a simple and straightforward structure. However, to set-up a CIF you have to apply to Cyprus Securities and Exchange Commission (“CySEC”) to acquire investment services license and authorisation as explained further below. Let’s have a look at the basic steps…

tips on trading stocks

Helpful Tips To Use When Investing In The Stock Market

By Xenia Neophytou | October 2, 2019

There is much confusion amongst people when they touch on the subject of stocks and the stock market. Yet, just like any other subject in life, the more you know the easier it becomes to grasp. If you take the time to read about the stock market, then you should have no problem finding success…

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 emphasizing 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 legislation…

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 R  Automatically NOT…