Long Weekend of March
It’s been a long weekend in Cyprus, offices, banks and public offices were closed on Friday, 25 March, due to the public holiday relating to the start of the Greek Revolution in 1821 against the rule of the Ottoman Empire.
Archive for March, 2011
Mar 27
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Private Company Limited by Shares – Limited Liability
Now and again we see “Limited” placed after the name of companies, however what does this mean and what are its effect ? Read more
Private Company Limited by Shares – Share Capital
Cyprus private companies enjoy almost no restrictions on the structure of their share capital. There is legally no minimum threshold to be satisfied other than being denominated to 1/100 of any currency (e.g. €0,01 and US$ 0,01) and accordingly no maximum sum, furthermore thin capitalization rules do not apply in Cyprus.
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Cyprus Corporate Services Providers
Corporate Services Providers play a vital role in materializing the benefits of the Cyprus tax regime and network of double taxation agreements of Cyprus.
Charitable Institutions in Cyprus
Cyprus charitable institutions may take the form of a private company limited by guarantee, a local trust, an international trust or another similar form. Read more
