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 »

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 …

“Action” on Film Tax Incentives in Cyprus Read More »

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 Non-Dom Rules of Cyprus Read More »

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 …

5 Benefits of Tax Optimization Read More »