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 …
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 …
