Polish businesses are realising it makes sense to set up a Cyprus company. More and more Polish entrepreneurs and businesspeople are setting up business structures involving Cyprus companies. As a full member of the EU, Cyprus tax and legal systems offer many advantages and solutions when compared to other offshore jurisdictions either in side or [...]

A Rough Guide to Corporation Tax in Cyprus The rate of Corporation Tax in Cyprus is 10%.  Companies pay Corporation Tax, Sole traders and partnerships do not pay Corporation Tax in Cyprus. All companies that are tax-resident in Cyprus are taxed on income whether it comes from Cyprus or anywhere else in the World.  Companies [...]

CONSULTANCY SERVICES COMPANIES If you thought being a consultant or a provider of professional services was tough before, then the last year has proved you right! Today professionals are working for tighter margins, chasing smaller markets, and in a more tightly regulated market. However there are ways in which a professional can help him or [...]

Car rental businesses are moving offshore to save tax.  For a few hundred pounds, e-commerce car rental businesses can move their business from a high tax country, to a low or even nil tax country. Depending on the specifics of the directors and the business, a new structure can be as simple as an offshore [...]

So you have a successful business and you are making profit but how can you enjoy the benefit of your hard work without seeing it all go to the Taxman? A Cyprus Company from €700* might be the answer. 10% corporation tax; one of the lowest rates in the EU No withholding tax on dividends [...]

“The only things in life that are certain is death and taxes”; but not if you’re rich!  Only 15% of the rich pay paying tax on their earnings. Tax Cheats will make false declarations, on their tax returns or maybe don’t declare anything at all. A Tax Chump can’t be bothered to review the amount [...]

UK individuals who do not declare income that is held in foreign bank accounts are breaking the law. Her Majesty’s Government recently paid £100,000 for information about Liechtenstein bank accounts held by UK individuals. However, the same does not necessarily apply to UK companies:  Some of the UK’s biggest companies use complex and secretive but [...]

For 6,000 years stamps and seals have been used to provide a distinctive mark often to signify authority.  Stamps that leave a print or seals that make an engraving have both been used. The tradition has carried on through the ages including the use by Kings and governments and merchants.  In modern times the use [...]

Trading conditions are hard and looming increases in business and personal taxes will make conditions even harder.  Business is rushing to move profits offshore and reduce taxes; legally and properly; and there’s not much the Revenue can do about it! UK companies are looking for legitimate solutions that enable them to remain profitable by reducing [...]