Planning to open, or already have a company bank account in Cyprus?

On 2 November 2018, the Central Bank of Cyprus issued a Circular setting out a revised definition of “Shell Companies / Entities”. The Circular was addressed to AML officers [...]

By |2018-11-19T14:38:16+00:00November 15th, 2018|Advisory, Alerts|

Russia implemented CRS – Are you ready?

On 27 November 2017, the Russian President signed bill No. 231414-7 (in Russian) effectively enabling the implementation of automatic exchange of information of the Russian Federation with other participating [...]

Continued Growth of New Incorporation Applications of Cyprus Companies

The Continued Growth of New Incorporation Applications of Cyprus Companies Continued Growth of New Incorporation Applications of Cyprus Companies A significant increase in the number of applications for incorporation of [...]

By |2018-03-06T00:19:00+00:00April 9th, 2016|Advisory, Alerts, Entity Type|

Suez Canal offers 30% discount on normal canal tolls

In view of the opening of the Panama Canal, the Suez Canal Authority (“SCA”) is offering a three-month trial rate cut of the amount of 30% on canal tolls [...]

By |2018-03-06T00:19:11+00:00April 8th, 2016|Advisory, Alerts, Audit and Assurance, Shipping|