With a 21.9 billion Euro total GDP in 2019 and ranking 54th in the world for doing business, the Republic of Cyprus has experienced a continuous expansion which has transformed its economy to a thriving business environment and an investment hotspot. Structural reforms alongside a range of financial incentives for international commerce have translated in …
Long-Term Strategic Business Opportunities in Cyprus Read More »
As the intricate implications of Brexit are yet to be fully realized, many business owners are considering options for maintaining close business ties within the European Union. The UK government has voted on a deadline of January 1, 2021 as the final marker of the Brexit transition period, many UK nationals weigh options to relocate …
Dealing with Brexit and Cyprus Company Relocation Read More »
Setting up Alternative Investment Funds and Registered Alternative Investment Funds in Cyprus allow investors to conduct business through a fund without the daily management required of other company structures. This type of structure along with the favorable tax regime of Cyprus enables investors to raise more capital and High-Net-Worth-Individuals to financially benefit from this alternative …
A Guide to Registered Alternative Investment Funds in Cyprus Read More »
Located in the Eastern Mediterranean, the island of Cyprus is one of the most favorable jurisdictions to consider for corporate restructuring and relocation. There are many benefits to restructuring a private company into a Cyprus company including tax optimization and business environment advantages. The Aspen Trust Group examines the reasons behind most corporate restructuring efforts …
The Rewards of Corporate Restructuring with a Cyprus Company Read More »
PRESS RELEASE—The Aspen Trust Group was recently named by the Washington Times in a news article as a leader among corporate service providers with an eye for the “unrealized” potential of Cyprus as the next big film production destination. The international film production incentives offered by the Cypriot government provide huge financial advantages for film …
A variety of film tax incentives has developed around the world to encourage the production of films and the expression of local stories. Although the film industry has been long established in places like Hollywood or Bollywood, global destinations provide the potential for new and interesting locations in movie production. Film tax incentives can be …
Aiming to increase the overall competitiveness and fairness of the tax system for foreign nationals, the Cyprus government introduced the concepts of ‘domicile’ and ‘non-domicile’ (Non-Dom) through an amendment of the Special Contribution for the Defence of the Republic of Cyprus Law of 2002 (SDC Law) in July of 2015. The Aspen Trust Group explores how …
The Financial Architects at the Aspen Trust Group discuss the usefulness of a Cyprus holding company as strategic business opportunities to achieve tax optimization and other benefits for business owners. Although their function has changed throughout the years, holding companies have always been crucial components of the business landscape and the world economy. The emergence …
Tax optimization can have monumental effects on the growth potential and efficiency of tax compliance for businesses. It isn’t just a matter of reducing your taxes but also finding financial solutions to reduce tax liabilities for financial gains and setting up proposed retirement plans. Each business needs a customized tax strategy and the financial architects …
