IBCCS TAX LTD

Cyprus UK Double Tax Treaty

On 22 March 2018, Cyprus signed a new tax treaty and accompanying Protocol (the new DTT) with the United Kingdom. The agreement updates the existing convention signed by the two countries in June 1974 and came into effect in March 1975 (amended by the 1980 Protocol). The agreement is based on the new OECD Model …

Cyprus UK Double Tax Treaty Read More »

UBO Registry in Malta

Following the transposition of the 4th AML Directive, the Maltese laws (hereinafter “the Regulations”) have been amended to introduce the provisions on beneficial ownership information in order to further promote transparency in corporate structures, trusts, etc. Effective from 01 January 2018, Malta has introduced a Register of Beneficial Owners (hereinafter “the Register’) that will become …

UBO Registry in Malta Read More »

New Beneficial Ownership regime now implemented by the British Virgin Islands

On July 1, 2017 in the British Virgin Islands (the ‘BVI’) a new legislation – The Beneficial Ownership Secure Search System Act – has been enacted. It is binding all registered agents to build and maintain a beneficial ownership database, access to which would be granted only to a limited number of designated persons and …

New Beneficial Ownership regime now implemented by the British Virgin Islands Read More »

“Cyprus tax resident individual” – amendment of the definition in the Income Tax Law in Cyprus

On 14 July 2017, an amendment to the definition of “Cyprus tax resident individual” was implemented by the House of Representatives. The new rules were voted into the law as per the Cypriot Income Tax Law legislation. From 01 January 2017, a Cyprus tax resident individual is a physical person who: does not spend more …

“Cyprus tax resident individual” – amendment of the definition in the Income Tax Law in Cyprus Read More »

Non-dom Cyprus

New Non-Domiciled Rules in Cyprus

Forward As part of the overall exertion to improve Cyprus’ attractiveness as an international business and financial center, and in order to remain highly compliant as a traditional jurisdiction, the House of Representatives on 16 July 2015 passed a number of new laws. One of the changes, introduced the new status of a “non-domicile” (non-dom) …

New Non-Domiciled Rules in Cyprus Read More »

przepisy CFC

Polskie regulacje w sprawie opodatkowania dochodów uzyskiwanych poprzez kontrolowaną spółkę zagraniczną

Z dniem 1 stycznia 2015 r. weszły w życie przepisy przewidujące opodatkowanie przez polskich podatników dochodów uzyskiwanych poprzez zagraniczne spółki kontrolowane (Controlled Foreign Corporation – CFC).   Zgodnie z polską ustawą o podatku dochodowym od osób prawnych za zagraniczną spółkę uznaje się: osobę prawną, spółkę kapitałową w organizacji, transparentną podatkowo spółkę, jeżeli jest traktowana przez …

Polskie regulacje w sprawie opodatkowania dochodów uzyskiwanych poprzez kontrolowaną spółkę zagraniczną Read More »

substance cyprus

Achieving Substance in Cyprus

Introduction The intensifying initiatives in global tax reforms like the Base Erosion and Profit Shifting (BEPS) initiative created by Organisation for Economic Cooperation and Development’s (OECD) along with many of localized tax reform efforts, create a negative impact for multinational businesses. In addition, it is more popular that the countries implement Controlled Foreign Company (CFC) …

Achieving Substance in Cyprus Read More »

London Office Opening – Announcement

  At IBCCS we are happy to announce the opening of our London office in order to enhance our presence within the region and further augment our services for clients in one of the world’s most influential financial centres, to offer our professional services which include: Registration and management of companies and partnerships; Legal & …

London Office Opening – Announcement Read More »

Seminarium: Planowanie podatkowe z wykorzystaniem spółek cypryjskich i maltańskich – Warszawa 16.02.2016

Serdecznie zapraszamy do udziału w seminarium organizowanym przez IBC Corporate Solutions: „Planowanie podatkowe z wykorzystaniem spółek cypryjskich i maltańskich”. Szkolenie odbędzie się 16 lutego 2016 r. w dwóch możliwych do wyboru godzinach – 11:00 oraz 15:00 w budynku Warta Tower przy ul. Chmielnej 85/87 w Warszawie. Seminarium będzie prowadzone w j. polskim. Zgłoszenia na seminarium …

Seminarium: Planowanie podatkowe z wykorzystaniem spółek cypryjskich i maltańskich – Warszawa 16.02.2016 Read More »

IBC Corporate Solutions

Implementation of CRS in Cyprus as of 1 January 2016

In order to protect the integrity of tax systems and the fight against tax avoidance, governments around the world bring the standard automatic exchange of information in tax matters called Common Reporting Standard (CRS). The CRS is a set of global standards for the automatic exchange of financial information, developed by the Organization for Economic …

Implementation of CRS in Cyprus as of 1 January 2016 Read More »