The law relating to registered companies is the Cypriot Companies Law, Chapter 113 of the laws of Cyprus, as amended (The Companies Law), which is almost identical to the United Kingdom’s former Companies Act 1948. The word Company has no…
We requested from our trusted digital design partners Oniric Creative Studios, to bring our company’s logo to life. The obvious logo design is that it portraits the silhouette of a strong trustworthy centaur. Behind the logo concept is that the…
The Convention (Tax Treaty) for the avoidance of double taxation and the prevention of fiscal evasion signed on the 8th of November 2012, by Cyprus and Ukraine enters into force as from 1st January 2014 following its ratification by the…
Centaur Trust is proud to announce that we have been granted our license by the Cyprus Securities and Exchange Commission (CySec), and are the second company in Cyprus to be granted such a license to offer the complete range of…
As you are no doubt aware, the last few days saw turmoil in Cyprus, due to a banking crisis brought about by the financial problems faced by the two largest banks in Cyprus, namely the Bank of Cyprus, and Laiki…
Whenever an international group establishes structures where there would be a holding company in a low tax jurisdiction and there would be subsidiary companies in the so called high tax countries, substance has become a crucial consideration at the holding…
Corporate tax residence is the concept by which the taxing rights over a company’s profits and gains are determined. Different countries have different ways of defining corporate tax residence, which creates further complexity for companies operating in more than one…
On 14th of February 2013 Cyprus and Spain signed a new Income Tax Treaty agreement and protocol. The agreement was signed during a ceremony at the residence of Spain's Ambassador in Nicosia, Mrs Ana Salomon Perez, who said that after…
On the 21st day of December 2012 several amendments to the Cyprus Tax laws have been voted in by the Parliament in Cyprus. We present below the most relevant amendments that affect our line of business.
The Law Regulating Companies Providing Administrative and Related Matters of 2012 (no.L.196(I)/2012) (“the Law”) came into force on 21 December 2012. The Law transposes the provisions of Directive 2005/60/EC into national law of the Republic of Cyprus (“the Republic”), and…