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Idalion Business Center

Cyprus has gained an enviable position in the international financial arena, mainly due to its good reputation as an international business center with an experience of over 35 years, with highly specialized and multilingual qualified professionals, sophisticated infrastructure, reliable legislative and regulatory framework, based on the UK common law, stable tax system and safety and stability conditions prevailing in the country.

The word Company has no strictly legal meaning. It is clear however that in legal theory the term implies an association of a number of people for some common object or objects. In common business language the word Company is normally reserved for those associated for economic purposes, i.e. to carry on a business for gain. The Companies Law generally allows one or more persons to form a company for any lawful purpose by subscribing to its memorandum of association.

Corporate tax residence is currently a hot topic all over the world, as all countries seek to maximise tax receipts during the current difficult economic times. We have noticed an increase in corporate tax residency challenges in recent years in terms of both the number of challenges and their severity followed by a number of Governments around the world. In this publication we shall briefly analyse some of the key concepts of Corporate Tax Residence and offer suggestions on how these can be shielded.

Malta is positioned as an innovative, reliable and flexible EU Financial Services Center, hosting and attracting a variety of financial services businesses and structures. The country has aspirations to grow and aims to become a center for finance functions of…

The Financial Crisis which started in 2008, brought about great turmoil and change to the global economic environment, but also brought about a period of rapid and large scale regulatory changes, with the aim of averting similar catastrophes in the…

Despite being the smallest member state of the EU, Malta has established itself as one of the leading financial centres, having established a strong reputation for stability, predictability and security. This has served as a platform for the development of a…