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iFXExpo Cyprus 2019 review

May 25, 2019

CX Financia attended the iFXExpo 2019 this week held at Palais des sports in Limassol. The event was well organized and offered great opportunities to meet new people, as well as industry veterans, and see a variety of service providers and their solution offering. Furthermore attendees had the opportunity to listen to esteemed speakers and…

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Business Direction: Cyprus 2018

November 28, 2018
BusinessDirection 2018

Join us to Business Direction: Cyprus 2018′ in London, the perfect place to meet and connect with professionals and experts from Cyprus, and discover why Cyprus is considered as one of Europe’s most attractive center for investment in a variety of areas such as financial and legal services, shipping, funds and asset management, large scale…

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C.X. Financia attendance at Taxlinked conference 2018 Beyond Borders: International Tax into 2020

October 27, 2018

  CX Financia will be attending this November 2018 the conference, Beyond Borders: International Taxation into 2020 organized by a professional network of TAX experts. Our very own resident expert Xenia Neophytou will be the moderator of the panel “Where Tax Residency & Aggressive Tax Planning Meet” with intriguing discussion topics: How is tax…

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Investment Funds Opportunities in Europe

October 27, 2018

  This November 7-10, 2018 the Beyond Borders: International Tax Into 2020 will take place at Amathus Beach Hotel in Limassol, Cyprus. Participants will have the chance to gain knowledge and insights into the future of the financial services and fiduciary sectors from professional Tax specialists. CX Financia will be there with our very own…

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Why Fund Managers choose Cyprus as their place of employment?

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…

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

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%…

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Interesting Tax Planning opportunities for UK Investors in Cyprus

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…

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New Alternative Investment Funds Legislation to Boost Cypriot Funds Industry

July 15, 2018
New Alternative Investment Funds Legislation

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…

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Double Tax Treaty between Cyprus & Georgia and Intellectual Property Company

June 2, 2018
Double Tax Treaty between Cyprus & Georgia

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…

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A brief look in the cryptocurrency developments around the world

May 26, 2018
Cryptocurrency Developments Around the World

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…

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C.X. Financia & Akeo AS – The Total Blockchain Package Solution – results for the future

April 22, 2018
total Blockchain Package solution

Following the boom of Bitcoin and the evolutionary technology behind it (Blockchain), new businesses rapidly emerged utilizing ICOs (Initial Coin Offerings) for funding and business development. Willingness of Investors to back ICOs is evident from the approximate 6 billion dollars attraction over 2017, expected to rise significantly by the end of 2018, however they face…

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Upcoming double tax treaty between Ukraine and Cyprus

April 11, 2018
Double Tax Treaty between Ukraine and Cyprus

A Double Tax Treaty (DTT) protocol was signed on 11 December 2015 between Cyprus and Ukraine which will replace the 2012 DTT. What is a DTT? A DTT’s aim is to avoid double taxation between countries for businesses or individuals that perform business transactions between said countries. Such treaty might provide that certain forms of…

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