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الأرشيف لتصنيف 'قبرص'
قبرص هي الاتحاد الأوروبي وموثوق اختصاص منطقة اليورو لإجراء الخدمات المهنية والأنشطة البحرية.
البلد يحافظ على سمعة ممتازة الدولي لممارسة الأعمال التجارية. مع الضريبة على الشركات بنسبة 10٪، قبرص هو اختصاص أدنى من الضرائب في الاتحاد الأوروبي التي ليست في الخارج ولديها أدنى معدل في الخارج من غير اختصاص ضرائب الشركات في العالم.
قبرص تقدم ببساطة مجموعة من المزايا والمنافع المالية للشركات والأفراد. ويمكن أن تفعل ذلك بسبب وجود دعم للاقتصاد قوي ومستقر (بالنسبة لحجم البلد) الذي يركز بشكل كامل تقريبا على الخدمات المهنية والقطاع المالي.
قبرص تقدم بنية تحتية ممتازة لمثل هذه الأنشطة، مثل الشركات القانونية والمحاسبية والمصرفية والمتعلمين تعليما عاليا، عاملة مؤهلة ومتعددة اللغات والأنظمة الحكومية المناسبة وسياسة عامة من عدم التدخل في العمليات التجارية.
قبرص ممتازة العلاقات الجغرافية السياسية والتجارية مع الأسواق الرئيسية، والتي جنبا إلى جنب مع الموقع الجغرافي المثالي، هو خيار رئيسي للاستثمار في أسواق مجاورة عدة، بما في ذلك الاتحاد الاوروبي وروسيا وكومنولث الدول المستقلة، فضلا عن منطقة الشرق الأوسط وشمال أفريقيا.
الإصلاحات التي وضعه قبرص كما اختصاص البحرية المثالي
لقد تغير النظام في الخارج في قبرص بشكل كبير بسبب الانضمام إلى الاتحاد الأوروبي لها، ونتيجة لاتفاقات مع منظمة التعاون الاقتصادي والتنمية (OECD)، وبالتأكيد للأفضل.
حولت نفسها من قبرص التي تعتبر ملاذ ضريبي مع معدل ضريبة الشركات 4.25٪ عن المنطقة الرمادية الشركات إلى ولاية قضائية فريدة من نوعها مع الاتحاد الاوروبي في فرض ضريبة موحدة بنسبة 10٪ - لا يزال أدنى معدل للضريبة في الاتحاد الأوروبي.
وقد أصلحت قبرص بنجاح جميع تشريعاتها القطاع المالي بما يتماشى مع الممارسات الدولية، ونفذت نظام ضريبي مبسط وفعال وشفاف وهو متوافق تماما مع الاتحاد الأوروبي، ومنظمة التعاون والتنمية، فرقة العمل المالية (FATF)، ومنتدى الاستقرار المالي (FSF ).
منذ الانضمام إلى الاتحاد الأوروبي، ونسق قبرص اللوائح المحلية على المكتسبات المجتمعية، والسماح للدولة لتطوير كمركز مالي. بعد هذه الإجراءات، وضعت قبرص في القائمة البيضاء منظمة التعاون والتنمية في الأراضي التي نفذت كثيرا من معيار المتفق عليها دوليا في الشفافية الضريبية.
غيرها من الإجراءات التي اتخذتها قبرص لتعزيز الاعتراف على الصعيد العالمي باعتبارها ولاية مصداقية في الخارج ما يلي:
- جعلت من الإصلاحات الضريبية المختلفة من أجل جعل تشريعاتها بما يتفق تماما مع قوانين الاتحاد الأوروبي على حد سواء والتوجيهات ومع منظمة التعاون الاقتصادي والتنمية والمبادئ التوجيهية.
- تنفذ على الفور توجيه الضريبة في الاتحاد الأوروبي، والذي يتضمن مدونة سلوك بشأن الممارسات الضريبية الضارة وقواعد لتجنب الازدواج الضريبي على الملوك ومدفوعات الفائدة.
- اعتمدت معايير التقارير المالية الدولية.
- مرت لمكافحة غسل الأموال (القانون رقم 188 (I) / 2007)، والأسواق في توجيه الأدوات المالية (MiFiD)، وقانون الشفافية وقانون مكافحة غسل الأموال.
- حققت قبرص خطوات كبيرة في هيكلية الإصلاح والتحديث والتحرير، من اقتصاد موجه نحو السوق لها، وذلك بهدف تعزيز القدرة التنافسية الدولية.
قبرص انشاء شركة خدمات Multilysis المحدودة
قبرص المحامون ن. Pirilides وشركاه ذ م م
اجيوس تتطلع باستمرار لإضافة جديدة وحصرية فيلات في قبرص إلى محفظتها. على هذا النحو فإننا سوف مشيرا الى ان اثنين جميلة جدا فيلا 3 غرف نوم في لاتشي مع كل مناظر خلابة للبحر.
لا تقع هذه الفلل على مسافة قريبة من المحلات التجارية والمرافق، فهي منعزل والخاصة، وأكثر ما تكون في مزرعة الصحة الحصري الكامل مع ناد صحي و مطاعم قبرص .
نود أن أدعوكم، وكذلك كل من ضيوفنا العادية للتحقق في معنا في غضون الأيام ال 10 المقبلة للوصول إلى هذه الفيلات التي سوف تأتي مع انتشار كامل من توافر. بقدر ما خاصة أيام العطل قبرص تذهب، وهذه الفيلات في قبرص هي الطريق إلى الأمام و هي طريقة رائعة للاستمتاع ببعض الوقت في البحر المتوسط.
قبرص في أفضل حالاتها
على الجانب علما، وهذه الفلل تقع في مناطق نائية، ونحن لا نقدم خدمة نقل مطار بافوس أو من أي من لارنكا.
وقال رئيس الوزراء الاسرائيلي بنيامين نتنياهو ان وجهات نظر مهمة سوف تحدث من خلال التعاون بين قبرص واسرائيل في قطاع النفط والغاز، خلال مؤتمر صحافي مشترك مع رئيس وقبرص السيد ديميتريس كريستوفياس.
وأكد السيد نتنياهو على الحاجة للتعاون، مشيرا إلى أن هذا يمكن أن يكون مفيدا جدا في المستقبل لأنه، كما أشار إلى أن البحوث والتعاون وعلى قطاعات متعددة في نفس الوقت هو أكثر فائدة وفاعلية من العمل والتحقيق في قطاع واحد في الوقت. وأشار أيضا إلى أن النظرة لهذا التعاون يمكن أن يؤثر إيجابا على رفاهية قبرص والمنطقة على نطاق أوسع كذلك.
وبالإضافة إلى ذلك، أشار السيد نتنياهو انه على الرغم من حقيقة أن الرحلة من اسرائيل الى قبرص تستغرق 45 دقيقة فقط، "استغرق الأمر 63 عاما لرئيس الوزراء الاسرائيلي تحدث عن روابط قوية وزير لزيارة الجزيرة." وتحدث ايضا عن قوي السندات والعلاقة بين الناس في البلدين، وكيف تطورت هذه العلاقة خلال السنوات القليلة الماضية. وشدد على ضرورة وأهمية مواصلة وتوسيع هذا التعاون في مجالات أخرى، فضلا عن قطاع الطاقة.
وشكر السيد نتنياهو الرئيس ديميتريس كريستوفياس على كرم الضيافة وأعرب عن الأمل في أن تكون قادرة على ملء في، في المستقبل الفجوة من 63 عاما والذي تولى لرئيس وزراء اسرائيلي لزيارة قبرص.
من ناحية أخرى، قال الرئيس ديميتريس كريستوفياس ان كلا من قبرص وإسرائيل سوف تعمل على نحو فعال يهدف إلى استخدام احتياطيات النفط والغاز التي تم تأكيدها رسميا داخل المناطق الاقتصادية الخالصة للبلدين، تهدف إلى رفاه الشعب على حد سواء من قبرص واسرائيل .
وأشار رئيس جمهورية قبرص أن "اتصالات بالفعل في التقدم من أجل مناقشة الخطط منظور" الذي أعرب عن رغبته في "أن يؤدي في المستقبل القريب إلى اقتراحات ملموسة لتعزيز الاتفاقات الثنائية بين البلدين".
في اشارة الى اول زيارة يقوم بها رئيس وزراء اسرائيلي في قبرص، قال الرئيس خريستوفياس أن هذه الزيارة تؤكد على علاقة قوية وعلى مستوى رفيع بين البلدين.
في ما يتعلق بتوقيع اتفاقية ثنائية بشأن قطاعات خدمات البحث والإنقاذ، وقال كريستوفياس الرئيس أنه هو تأكيد ملموس على زيادة مستوى التعاون والتنمية من هذا المستوى بالتعاون مع اسرائيل.
قبرص انشاء شركة خدمات Multilysis المحدودة
قبرص المحامون ن. Pirilides وشركاه ذ م م
القادمين إلى قبرص ويتساءل ما يمكن توقعه. وبصرف النظر عن مجموعة من آلاف من الترف الفيلات قبرص الفنادق، والشقق، وماذا يقول جزيرة ديك لتقدمه؟
موافق، وهكذا لن نذهب من خلال الاقتراحات طبيعي ويقولون ان الطقس قبرص شيء عظيم، شيء من هذا القبيل 360 يوما من أشعة الشمس. ليس بهذه السرعة.
أولا، فإنه يفعل المطر في فصل الشتاء، والكثير جدا. ولكن هذا هو الشيء الجيد حق هو المكان سيبدو مقفر جدا إذا لم يفعل ذلك. البعض يقول أن تلك الإحصائية واستنتاج 360 يوما حيث تشرق الشمس واحدة على الأقل خلال النهار. كذلك، الزمن قد تغير، وننسى ذلك. ولكن ماذا عن الصيف؟
قبرص - لاتشي ساحة قارب
من حوالي شهر نيسان وحتى إلى أكتوبر، وأحيانا في تشرين الثاني، كان الطقس مواتية للغاية. إذا حجز عطلة في قبرص، أبريل-يونيو هو اعتدال الطقس، يوليو وحتى نهاية سبتمبر حار جدا وأكتوبر-نوفمبر معتدل.
الطعام؟ المطاعم في قبرص جدا من حيث الجودة والسعر. تأكد من الحصول على يديك على دليل الطعام لائق. وسوف يتم إطلاق اجيوس Eyeris قريبا والتي لديها صوت تفعيلها، دليل مطعم التفاعلية الأمر الذي سيجعل من مهمة العثور على نوعية الغذاء في قبرص أسهل بكثير والمرح.
الشواطئ؟ وتقع معظم الشواطئ الرملية على الجانب الشرقي من الجزيرة، مع بافوس واتشي تتمتع بعض الشواطئ الصخر الزيتي وحصاة. ذلك يعتمد على ما تريد حقا.
فلل قبرص وعطلة الإيجارات.
منذ 8 سنوات ولدت اجيوس ومعها مجموعة من المفاهيم الجديدة التي أصبحت ملامح عماد على العديد من الفيلات قبرص المواقع.
من الجولات الافتراضية والتفاعلية خرائط جوجل لأفضل الصور الفوتوغرافية، التي يتمتع المستخدمين على شبكة الإنترنت تجربة أفضل.
ما نحن عليه الآن في عملية طبخ في المختبر لن يكون بهذه السهولة منسوخة من مواقع منافسة، والهدف من هذه الأداة هو جعل لدينا فلل في قبرص الموقع للمستخدم تجربة مختلفة تماما تماما.
نحن على وشك إطلاق طلبنا المتنقلة الأولى التي ستقدم للعملاء واحدة من أقوى الأدوات الى هناك للعثور على الأماكن ذات الأهمية، والمطاعم، واستعراض، نقطة إلى نقطة اتجاهات القيادة، مسافات، والجولف وظيفة الحجز، ومجموعة كبيرة من الميزات الأخرى هذا المبلغ للعملاء وجود لجنة من الخبراء في قبرص، والحق على أجهزتهم النقالة.
مرحبا بكم في آخر في المستقبل.
فمن السهل جدا أن يمر من الأماكن الثقافية لزيارة inCyprusdue إلى الشواطئ الجميلة، والمناخ الحار والمطاعم وأماكن كثيرة، وأيضا ارتياد مرافق ترفيهية عديدة. قبرص هو كامل من تاريخ رائع ومثير للاهتمام، وبالنسبة لأولئك الذين يمكن أن يستغرق وقتا قليلا إلى زيارة هذه الأماكن وسيتم أنت مندهش جدا كيف أن الكثير من الثقافة والآثار والمعالم التاريخية وسوف تأخذ نفسا الخاص بك بعيدا.
نيقوسيا (ليفكوسيا) عاصمة قبرص
- CyprusMuseum
- كاتدرائية سانت جونز
- البندقية الحوائط
- Laiki Geitonia
- مركز الحرف اليدوية
- LeventisMuseum
- مطرانية
ليماسول (ليميسوس)
- ليماسول القلعة
- قلعة كولوسي
- Municipal Gardens and Museum
- Temple of Apollo
- Ancient Amathus
- Phassouri Vineyards
- Cyprus Wine Museum
LARNACA (Larnaka)
- Church of St. Lazarus
- The Salt Lake
- LefkaraVillage
- Pierides Museum
- Church of Panagia Angeloktisti
- KornosVillage
- Stavrovouni Monastery
- Choirokoitia Neolithic Settlement
- Hala Sultan Tekke
PAPHOS (Pafos)
- The Harbour
- The Castle
- Tomb of the Kings
- TempleofAphrodite
- Paphos Forests
- St Pauls Pillar
- The mosaics – Petra tou Romiou
FAMAGUSTA
- AgiaNapaVenitian Monastery
- SeaCaves-CapeGreko
- AgiaNapaHarbour
- Paralimni old shopping centre
- Thalassa Museum
And of course not forgetting the truly amazing Troodos Mountains where you will see the whole ofCyprus and meet some very culture and historcail villages upon the way.
PUBLISHED BY A&G KOUZALI LAW OFFICE ON 22ND NOVEMBER 2011
لين 1 - هذا الممر هو الممر إلى اليسار المتطرف. يتم استخدامها لدفع كالمعتاد كما تفعل في أي طريق أو الطرق السريعة. وطني وينطبق الحد الأقصى للسرعة.
لين 2 - وهذا هو ممر الأوسط على طريق سريع لين 3. ويستخدم هذا الممر إلى تجاوز السيارات في ممر 1. لا يتم هذا الممر ليتم استخدامها لدفع عادة لمسافات طويلة. فهو يستخدم فقط لأكثر من أخذ ومن ثم يجب manuver مرة أخرى إلى ممر 1.
ممر 3 - يسمى predominatly هذا الخط السريع. يتم استخدامها لأكثر من أخذ السيارات التي تسير بوتيرة أبطأ في حارة 1 و 2. كما أنها تستخدم لعند وجود طوابير الحركة الى تجاوز في محاولة لتخفيف conjestion. ومرة أخرى هذا الممر يستخدم فقط لأكثر من أخذ كما هو الحال في حارة 2 لا للقيادة العادية كما هو الحال في ممر 1.
لا تقم
لا البقاء في حارة 2 و 3 على طول الطريق إلى وجهتك وهذه هي فقط لتجاوز لتخفيف الازدحام.
اذا كان هناك من يقود ببطء شديد أو باستخدام ممر (3) وحارة على القيادة العادية لا تجاوز من قبل الخوض في حارة 2 في داخل هذا امر خطير للغاية. فمن الأفضل أن تشير مع أضواء الخاص أنه يجب عليها أن manuver إلى ممر 1 أو 2 في لتتمكن من تجاوز.
لا تدفع إلى ببطء على الطريق السريع حتى في حارة 1 هناك الحد الأقصى للسرعة وطني الذي لا ينطبق فقط على السرعة ولكن أيضا لعدم وجود السرعة. الحد الأقصى للسرعة هو 100kilometers حتى لو كنت تقود سيارتك في الخط السريع.
إذا كنت تحتاج إلى مزيد من المعلومات حول كيفية استخدام الطريق السريع ننظر هذا الأمر على شبكة الانترنت أو زيارة مركز الشرطة المحلي. بالنسبة للمواطنين المسافرين على الطريق السريع الجديد لين 3 في قبرص أعطيت أنها سوف يعاقب نعمة أسبوع 2 أي شخص فترة اشتعلت ليس الامتثال للقوانين الطرق السريعة الوطنية وفقا للقوانين قبرص.
تصدر عن المكتب G والقانون KOUZALI في 18 تشرين الثاني 2011.
A & G Kouzali المحامين القبرصية - مراجعة - النسيج في قبرص
وكان النسيج شعبية جدا ظهر اليوم ولكن مع مرور الوقت والأجيال أصبح أكثر منهمكين مع تكنولوجيا التقاليد القديمة قبرص قد فقدت للأسف هناك وسيلة. زائد مع قطعة قماش تصبح رخيصة جدا لاستيراد النساجين وسرعان ما أصبحت شيئا من الماضي، والمهارة لنسج قد فقدت أيضا.
استخدمت لإيجاد النساجين في كل قرية في قبرص النسيج بعيدا عن آلة النسيج التقليدي القديم مما يجعل الكثير من الملابس الجميلة والمفيدة الآن فهي بعيدة جدا بين وأساسا لمجرد جذب سياحي. بل هو أيضا من الصعب جدا العثور على ماكينات الغزل القديمة تسمى "يلوح في الافق، ما عدا كما قلنا لجذب سياحي.
نيقوسيا وفاماغوستا وكانت مشهورة جدا لنسج الحرير وتم تصدير هذا على الصعيد الدولي من خلال الميناء، وكان أيضا ابيثوس شعبية جدا لحياكة الحرير وجدت بالقرب من Kerynia هذا كان قبل سنوات عديدة. هذا التقليد القبرصي فقدت طريقها في نهاية المطاف في القرن 20 عندما بدأت الدول الشرقية لتقديم الحرير خبير بأسعار منخفضة جدا.
يمكنك أن تجد في نيقوسيا ستروفولوس ورشة عمل يديرها رجل نبيل بعض الراغبين في الحفاظ على التقاليد حية وحتى احياء التقاليد ويذهب من قبل باسم Loucaides Rolandos.
درس السيد Loucaides اليات كامل النسيج، بشراء نول التي كانت لا تزال في حالة صالحة للعمل مثالية، وقال انه ذهب بعيدا. دراسة المزيد من التقنيات والأقمشة وتعيد إلى الحياة من ناحية نسج الملابس قبرص الذي يمكن العثور عليه معلقا في نافذة متجر وجميع أنحاء متجره.
هذا هو مكان محدد لزيارة عندما كنت في نيقوسيا للسكان المحليين والسياح. وينبغي أن نزور جميع تلك الأماكن وإظهار دعمنا في حفظ هذه الثقافة القبرصية مهم على قيد الحياة. ليس فقط لأنها مثيرة جدا للاهتمام ولكن سوف تجد أيضا إلى بعض القطع قطعا حقا جميلة وفريدة من نوعها يتم تقليديا عزيز.
تصدر عن المكتب G والقانون KOUZALI في 24th نوفمبر 2011.
قبرص للمحاماة - مراجعة - قبرص النبيذ
النبيذ المنتجة inCyprushas يعمل منذ عام كانت الجزيرة born.Cyprusis في البلدان ال 40 الأعلى لانتاج النبيذ وتنتج 40،000 طن من النبيذ سنويا.
تم تشكيل أول شركة نبيذ التجارية في عام 1844 وكان هذا عندما قررت المقيمين في الواقع لجعل العائدات من النبيذ قبل يد بذلت للاستخدام المحلي فقط. كانت تسمى شركة ETKO. منذ ذلك الحين توسعت صناعة النبيذ، وكانت هناك 4 شركات إنتاج النبيذ الرئيسية inCyprus. ETKO، أدنى مستوى ملاحظ، SODAP وكيو.
من تصدير السنوات الماضية من النبيذ وأصبحت عائدات كبيرة للمصانع النبيذ theCyprusIslandand الأصغر بدأت تظهر. طبعا مع مرور الوقت والقوانين الجديدة حيز العمل ومع الانضمام إلى الاتحاد الأوروبي العديد من الأشياء قد تغيرت.
لقد حدث الكثير من الامور الايجابية لمصانع النبيذ والخمور جديدة عديدة كانت ومازالت ويجري انتاج لا بد من الاعتراف على الصعيد الدولي.
قبرص هي الآن بلد النبيذ معروفة انتاج انتاج أعلى جودة النبيذ والكروم عديدة متناثرة في قبرص، ومصانع النبيذ أنفسهم حيث يمكن للزوار زيارة لجولات تذوق النبيذ هي متعة مطلقة.
صناعة النبيذ inCyprusis شعبية حتى الآن مهرجانات النبيذ thatCyprusholds حيث الكثير من المواطنين من جميع انحاء البلاد يأتون لزيارة ومسابقات تذوق النبيذ اتخاذ inCyprusand مكان دوليا. ويساعد الاتحاد الاوروبي حاليا 122 مصانع النبيذ inCyprusto حصاد محاصيلهم هذه هي الطريقة التي أبعد صناعة النبيذ قد حان inCyprusand تتطور كل يوم.
يمكنك أيضا زيارة theCyprusWineMuseumwhich هو يوم رائع خارج لجميع أفراد العائلة حيث يمكنك تذوق بعض من famousCypruswine معظم وتعلم كل شيء عن صناعة النبيذ الذي يمتد إلى أكثر من 5 عقود!
تصدر عن المكتب G والقانون KOUZALI في 24th نوفمبر 2011
المحامون في فاماغوستا - المراجعات - قبرص فورست الطريق السريع لاند 3
ولدى قبرص offcially أول إنجاز طريق سريع لين 3 تستوعب آلاف السيارات كل يوم السفر إلى نيقوسيا. ومع ذلك، فإن المواطنين لا يعرفون في الواقع كيفية استخدام الطريق السريع.
هذا هو مضحك جدا عندما كنت تعتقد اننا في القرن ال 21!
وقد اتخذت الطريق لين 3 قليل اقل من 2 سنوات لاستكمال وضعت للمساعدة في طوابير طويلة من حركة السفر إلى العاصمة الجزر اليومية. سابقا سيكون من الشائع جدا أن يجلس في طوابير لحظة الى حد بعيد، والآن نأمل في الطريق وسوف تحول دون ذلك. السبب الرئيسي لهذا الطريق السريع الجديد هو الأمل معقود على أن خفض كمية من حوادث المرور على الطرق. لن يستغرق هذا يؤثر حتى يعلم المواطنون في الواقع كيفية استخدامها بشكل صحيح.
الشرطة ومع ذلك، فقد اصدرت تحذيرا للمسافرين سيارة للقيام بواجبهم على كيفية استخدام الطرق السريعة، لأنها تسمح فقط نعمة فترة أسبوع 2 لأولئك الذين لا يتم استخدامه بشكل صحيح. وسيتم معاقبة كل من يضبط عدم استخدام الطريق السريع بشكل صحيح بعد فترة أسبوع 2 وفقا لقوانين السير.
لكي نكون منصفين في المملكة المتحدة حصلت على الطرق السريعة منذ ما قبل الزمن والناس ما زالوا لا يعرفون كيفية استخدامها حتى لجزيرة قبرص لتعتاد على ذلك في 2 أسابيع يطلب الكثير. وهو بسيط جدا للاستخدام ولكن بعض المسافرين إما لا يمكن للمرء أن ازعجت ودفع الطريقة التي يحبون أو اثنين حقا لا أعرف، ودفع حيث يشعرون بمزيد من الراحة.
الطريق السريع الجديد يبدأ من الطريق السريع لارنكا / ليماسول الاتصال مباشرة من خلال لنيقوسيا. حسبت المشروع كله حول ما يزيد على 30 مليون يورو، واكتمل في الواقع beofre schelue نجاح باهر ل thats لأول مرة أيضا عن قبرص!
تهنئة للالطريق السريع 1 لين 3 في قبرص!
راجع مقالنا حول كيفية بأمان وبشكل صحيح استخدام الطريق السريع الجديد لين 3.
تصدر عن المكتب G والقانون KOUZALI في 18 TH NOVEMEBR 2011
المحامون inCyprus-مراجعة-CyprusDeficit - المشاريع المنجزة في 21 نوفمبر 2012
ويعتقد أنه من المستبعد جدا thatCypruswill تصل إلى توجيهات الاتحاد الأوروبي بشأن العجز المالي في البلاد في اطار زمني معين. وهذا يعني فرض المزيد من العقوبات والمزيد من الضغط على الرأي العام لتغطية عقوبات ونحن متأكدون من ذلك!
النسبة المستهدفة للتوصل بحلول عام 2012 أقل من 3٪ ولكن الأفكار هي سنكون محظوظين لرؤية أقل من 5٪ مما قد يعني فرض غرامات فورية toCyprus.
وقد تم اقتراح تدابير التقشف وناقش مرارا ورفضت والحكومة لديها حتى الآن في الاتفاق على تدابير التقشف هذه من شأنها أن تساعد العجز. جدا وقد تفعل شيئا يذكر لخفض النفقات وخصوصا عندما يتعلق الأمر الرواتب دولة مصيره. وسيكون هذا الذي يقع على الجمهور!
الحكومة هي الآن على حبل مشدود لضمان اتخاذ تدابير تقشف صارمة للتأكد من الالتزام بالموعد النهائي والنسبة المئوية المستهدفة.
لها هو كل شيء بخير والانيق في الاتحاد الأوروبي إجبار الدول للتأكد من حدوث ذلك ولكن من خلال فرض مزيد من العقوبات كما قلنا من قبل فقط يحمل لنا المزيد من الضغوط على دافع الضرائب. يمكن للاتحاد الأوروبي ليس إضافة بند مع العقوبة أن الجمهور يجب ألا يدفع ثمن أخطاء الحكومات ويتعين على الحكومة ان تتحمل العبء وحدها ... نعم هذا هو حلم بالطبع!
ويعتقد أن 2013 سيكون عام على معدلات نمو موجبة في حين 2012 ستبقى راكدة والعنصر الرئيسي لإبقاء 2012 يتحول الى نظام عام السلبية ستكون على أمل آخر سنة جيدة للسياحة. ارتفاع ضريبة القيمة المضافة إلى 17٪ إذا مر من المتوقع أن نرى انخفاضا في البلاد العجز بنسبة 1٪ وهي نسبة كبيرة جدا شك سوف ترفض هذا.
حسنا كل ما يمكننا قوله هو 2012 سيكون عاما صعبا بالنسبة للجمهور قبرص في حال الحاجة الى مثل هذه التدابير التقشفية القاسية لتجنب إنقاذ الاتحاد الأوروبي ولكن سيكون هذا عاما صعبا بالنسبة للموظفين الحكوميين يسمح ننتظر ونرى؟
تصدر عن المكتب G والقانون KOUZALI نوفمبر 21ST 2011.
مكتب محاماة في قبرص الساحل الشرقي - مراجعة - المملكة المتحدة الأزمة المالية
إذا كنا نعتقد أن لدينا inCyprusmaybe سيئة ينبغي أن نأخذ في رحلة لمعرفة مدى سوء theUKand لديهم الأمور في الوقت الراهن.
عندما قامت الحكومة inCyprustalks حول اجراءات التقشف الجديدة التي ربما خطة العام 2-3 في الاعتبار. لكن theUKis نتحدث عن خطة عام 10. نعتقد دائما العشب أكثر خضرة ولكن هل هو حقا؟
رعايا المملكة المتحدة تعطي بالفعل 50٪ من رواتبهم للحكومة، ويدفعون الجزية، ويدفعون ضريبة على وزن القمامة من الرجال مزبلة يسلب، ويدفعون رسوم الترخيص التلفزيون، انفاكت بمجرد شراء جهاز تلفزيون جديد في ويجب أن يعطى في المملكة المتحدة اسمك وعنوانك لتسجيل التلفزيون الجديد مع مكتب الترخيص.
البنوك هي الى حد كبير في asCyprus قارب واحد، لتقديم قرض Britainused إلى ارتفاع قيمة القروض العقارية تلك الأيام هي إلى حد كبير شيئا من الماضي، وقروض الرهن العقاري من الصعب جدا الحصول عليها. ولذلك الحصول على الممتلكات سلم إلا إذا كنت مشتريا النقدية يكاد يكون من المستحيل. والتنفيس فقط في سوق الاسكان لديها هي مزايا ضريبية معينة من تأجير theUKproperty
والقائمة تطول وتطول. العمالة هي الفتنة في تأخذ المملكة المتحدة، وكثير من لا مأوى لهم، وعلى الرغم من أنها لديها قوانين أكثر صرامة، والمخدرات والاسلحة وعصابات هي القاعدة. هكذا مرة أخرى نكرر هو العشب أكثر اخضرارا في الواقع على الجانب الآخر؟
ويعتقد أن خطة التقشف 10 سنة سوف تستفيد بريطانيا أكثر بكثير من خطة تقشف حاد قصير جدا مواطني المملكة المتحدة وأنا لا أعرف ما يمكن للحكومة في الواقع فرض ضرائب الآن أنت على ما يبدو أنها تحصل على غالبية النقدية الخاصة بك بالفعل ولكن يبدو أن لديك فترة طويلة 10 عاما رئيسا لللك!
تصدر عن المكتب G والقانون KOUZALI نوفمبر 28TH 2011.
المحامون inFamagusta-مراجعة - 20/20 اتحاد الشباب
جهود لإعادة توحيد جزيرة قبرص تجري على مدار الأجيال الشابة في محاولة أنها لن تؤثر في الواقع هم أكبر سنا منهم والسياسيين.
هذا هو فكرة عظيمة ... حيث من الأفضل أن تبدأ! جيل الشباب هم المستقبل وانهم هم من يجب علينا تثقيف في وقت مبكر لوقف هذه تأخذ وجهات النظر بالفعل تعيين جدا من الجيل الأكبر سنا.
مشاعر مختلطة inCyprusare جدا. الجيل الأكبر سنا من القبارصة التي عاشت من خلال الغزو التركي من الصعب جدا أن أستطرد بشكل طبيعي. تجاربهم من أنفسهم وآبائهم وأمهاتهم من خلال هذا الوقت هي محددة في ذاكرتهم ولكن الأجيال الشابة لديها أعذب الذكريات ونسمع فقط من جهة ثانية حتى لا يكون هناك أكثر من فرصة أنه يمكن التغلب على مشاعر على الوضع!
حدث في الآونة الأخيرة في الفترة من الأفراد الشباب من كلا الجانبين للمؤتمر theIslandnamely 20/20 للشباب. هذا الحدث يعطي كل الشباب الفرصة للعمل معا في سلام وطرح أفكارهم من أجل إعادة توحيد متناغم. كان هناك 3 ورش عمل مختلفة والتي سمحت لهم لخلق الملصقات وأشرطة الفيديو والإعلانات والتي يمكن استخدامها لتعزيز اعادة التوحيد الجزر.
ويتم تنظيم هذا المشروع من قبل كل من المتطوعين القبرصية اليونانية والتركية والتي سوف يكون مشروع مستمر ونأمل أن يجلب المزيد من كثير من جيل الشباب القبرصي اليوناني والتركي معا، وكذلك جزيرة علاقة واسعة بين الجانبين.
كما قلنا من قبل هو في أيدي الشعوب اكثر من السياسيين. على السياسيين التعامل مع الشكليات الشعب تعامل مع واقع!
تصدر عن المكتب G والقانون KOUZALI نوفمبر 28TH 2011.
محامون فاماغوستا - مراجعة - تكاليف الطاقة التي تؤثر في عيد الميلاد
لدينا عيد الميلاد على مدار الزاوية مرة أخرى، وآسف أن أقول هذا العام قد لا يكون مشرقا جدا واحتفالي. لماذا هذا؟ .... لمجرد أن تكلفة الطاقة في قبرص سوف تجعل العديد من الشركات والأسر يفكرون مرتين قبل استخدام كميات عالية من الطاقة.
كيف حزينة وهنا تصبح الأمور التي نجريها الآن لخفض أضواء Chrsitamd لانقاذ على فواتير الكهرباء.
على المواطنين الجانب الجيد تأخذ في الاعتبار أيضا عامل الاقتصاد في استهلاك الطاقة لا تتعلق فقط إلى التكاليف المالية، بل أيضا لمسألة توفير الطاقة عموما. وخصوصا بعد انفجار انفجار ماري.
العديد من البلديات والمباني الرئيسية تزيين فقط، ولن جوانب الطرق كثيرة تكون زينت حسب المعتاد. وقد اشترى العديد من أنواع جديدة من أضواء توفير الطاقة. وسوف بعض البلديات لديها قيود زمنية.
انها لحالة محزنة عندما يأتي Chrsitams حول وعلينا أن نفكر في تكاليف الطاقة بدلا من موسم الاعياد قد يكون ل. ولكن thats كيف هو الناس فيما يتعلق الكهربائية هنا. ل thats بذل كل خطأ ويأتي الينا من خلال فواتيرنا الكهربائية.
Evem بعد Chrsitamd نحن نتوقع زيادة أخرى في أسعار الطاقة ل thats بداية رائعة للعام الجديد.
Wecan يأتي أكثر من هذا عن طريق شراء منخفضة الإضاءة الاستهلاك وجود لهم الأضواء في الأوقات الأكثر ملاءمة من اليوم عندما ستكون الأكثر visable.
العديد من أصحاب الأعمال سئموا أن لا تضيء أعمالهم سوف ينخفض مستوى روح Chrsitmad بالتالي ينخفض مستوى النشاط في comsumer.
وهذا هو حقيقة من حقائق الحياة لدينا فقط للتعامل مع لحظة حتى في الدوائر الحكومية والحصول على منزلهم في النظام!
تصدر عن المكتب G والقانون KOUZALI في 19th November 2011.
For the purpose of raising revenues and decreasing government spending, the House of Representatives of Cyprus voted on the 26 th of August 2011, the following changes in the Tax and Company Legislation:
The Income Tax Law changes
- Abolition of exemption from taxation of the official emoluments and the pension of the President of the Republic and the pension of the President of the House of Representatives. Entry in to force: As from 1/01/2011.
- A new tax incentive has been introduced for the employment in Cyprus of persons who are not tax Residents of Cyprus: In such a case if the income from employment exceeds €100.000 per annum a 50% deduction is granted for such income for the first 5 years of such employment. This incentive is granted to anyone (Cypriot or non Cypriot) provided that prior to his employment in Cyprus this person was resident outside Cyprus and was not considered as a tax resident of Cyprus. Entry into force: As from 01/01/2012.
- A new income tax rate of 35% has been introduced for individuals on there taxable income in excess of €60.000. Entry into force: As from 01/01/2011.
The Special Contribution for the Defense of the Republic Law changes
- Increase in the rate of defense Tax on interest received by or credited to Cypriot Tax residents from 10% to 15%. This is applicable to both individuals and corporations provided this income is classified as interest. For more details as to when interest received or accrued is considered as trading income see the relative article on our website.
- Increase in the rate of defense Tax on dividends received or accrued or deemed to be received by a Cypriot tax resident from 15% to 17%. This applies only to individuals since generally companies are except from the defense tax on dividends. For more details as to the taxation of dividends see the relative article on our website.
- Both changes are effective as from 31/08/2011.
The Immovable Property Tax Law changes
- The rates applicable for the payment of the immovable property tax which is imposed on every person owning property in Cyprus have changed. The rates effective as from the year 2012 are as follows:
Up to €120.000 0%0
From €120.000 to €170.000 4%0
From €170.001 to €300.000 5%0
From €300.001 to €500.000 6%0
From €500.001 to €800.000 7%0
Over €800.000 8%0
It should be noted that the Tax is levied on the assessed value of the property as at 1/1/1980.
The Value Added Tax Law changes
- Individuals who buy or construct a flat or a house to be used as their private main residence are entitled to a reduced VAT rate of 5% on this residence provided the area of the property does not exceed 200 square meters. It should also be noted that the reduced rate of 5% also applies on the first 200 square meters if the total area of the property does not exceed 300 square meters.
The Companies Law changes
- As from 2011 an annual levy of €350 is introduced for all companies incorporated in Cyprus, payable to the Registrar of Companies. For groups of companies the maximum levy is fixed at €20.000.
- The levy for 2011 must be paid by 31 December 2011, whereas the levy for 2012 onwards must be paid by 30 June of each year.
- No annual levy is imposed for the year of incorporation.
- وتعفى الشركات الخاملة، والشركات التي لا تملك أي أصول، فضلا عن الشركات امتلاك العقارات الواقعة في المناطق التي تسيطر عليها الحكومة غير من قبرص من دفع هذه الضريبة.
وتفرض في حال لم يتم دفع هذه الضريبة في العقوبات الفترة المقررة.
قبرص شركة خدمات Multilysis خدمات المحدودة
قبرص المحامون ن. Pirilides وشركاه ذ م م
For the purpose of raising revenues and decreasing government spending, the House of Representatives of Cyprus voted on the 26 th of August 2011, the following changes in the Tax and Company Legislation:
The Income Tax Law changes
- Abolition of exemption from taxation of the official emoluments and the pension of the President of the Republic and the pension of the President of the House of Representatives. Entry in to force: As from 1/01/2011.
- A new tax incentive has been introduced for the employment in Cyprus of persons who are not tax Residents of Cyprus: In such a case if the income from employment exceeds €100.000 per annum a 50% deduction is granted for such income for the first 5 years of such employment. This incentive is granted to anyone (Cypriot or non Cypriot) provided that prior to his employment in Cyprus this person was resident outside Cyprus and was not considered as a tax resident of Cyprus. Entry into force: As from 01/01/2012.
- A new income tax rate of 35% has been introduced for individuals on there taxable income in excess of €60.000. Entry into force: As from 01/01/2011.
The Special Contribution for the Defense of the Republic Law changes
- Increase in the rate of defense Tax on interest received by or credited to Cypriot Tax residents from 10% to 15%. This is applicable to both individuals and corporations provided this income is classified as interest. For more details as to when interest received or accrued is considered as trading income see the relative article on our website.
- Increase in the rate of defense Tax on dividends received or accrued or deemed to be received by a Cypriot tax resident from 15% to 17%. This applies only to individuals since generally companies are except from the defense tax on dividends. For more details as to the taxation of dividends see the relative article on our website.
- Both changes are effective as from 31/08/2011.
The Immovable Property Tax Law changes
- The rates applicable for the payment of the immovable property tax which is imposed on every person owning property in Cyprus have changed. The rates effective as from the year 2012 are as follows:
Up to €120.000 0%0
From €120.000 to €170.000 4%0
From €170.001 to €300.000 5%0
From €300.001 to €500.000 6%0
From €500.001 to €800.000 7%0
Over €800.000 8%0
It should be noted that the Tax is levied on the assessed value of the property as at 1/1/1980.
The Value Added Tax Law changes
- Individuals who buy or construct a flat or a house to be used as their private main residence are entitled to a reduced VAT rate of 5% on this residence provided the area of the property does not exceed 200 square meters. It should also be noted that the reduced rate of 5% also applies on the first 200 square meters if the total area of the property does not exceed 300 square meters.
The Companies Law changes
- As from 2011 an annual levy of €350 is introduced for all companies incorporated in Cyprus, payable to the Registrar of Companies. For groups of companies the maximum levy is fixed at €20.000.
- The levy for 2011 must be paid by 31 December 2011, whereas the levy for 2012 onwards must be paid by 30 June of each year.
- No annual levy is imposed for the year of incorporation.
- Dormant companies, companies which do not own any assets, as well as companies owning property located in the non Government controlled areas of Cyprus are exempted from the payment of the levy.
In case the levy is not paid in the prescribed period penalties are imposed .
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The natural gas conference held by the President of the Republic of Cyprus took place at the Presidential House. During the conference, the Minister of Finance, the Minister of Interior and the Minister of Trade & Agriculture participated. The conference took place due to the first drill scheduled to take place in the exclusive economic zone of Cyprus by the American based company called “Noble”.
After the conference, the President mentioned that “the conference addressed the attempts—as well as the acts of the Republic of Cyprus—in the exploitation of possible carbohydrate deposits in the ADZ of Cyprus. Moving forward, the Republic of Cyprus has made a deal with the “NOBLE ENERGY” company to carry out the research.
President Christofias said that the agreements that Cyprus concluded with neighboring countries like Egypt, Israel and Lebanon, has favoured and assisted Cyprus attempts to explore the underwater wealth of Cyprus. , stressed the importance of these activities in the dealings between neighboring countries such as for the delimitation of the exclusive economic zone of our country.
The purpose of the drill is to confirm the existence of carbohydrate, as geophysical research has suggested until now. According to research, the possibility is really big. Apart from that, the drill will ensure the amount and the quality of the potential deposits. In this way, the perspective and the possibility of extracting the underwater natural gas will be determined.
On the other hand, Turkey has expressed its interest in non-hostile relations with its neighbor countries. In a meeting between EAC (Electricity Authority of Cyprus), Noble and Delek, the three companies expressed their willingness for a potential cooperation in the field of natural gas. The meeting was just one of many between EAC and the two companies, which are becoming active in the field of excavation and trade exploitation of natural gas.
A relevant announcement mentions that EAC's role is considered by both companies as very important, since EAC will be the most important and maybe the only consumer of this gas.
The natural gas conference held by the President of the Republic of Cyprus took place at the Presidential House. During the conference, the Minister of Finance, the Minister of Interior and the Minister of Trade & Agriculture participated. The conference took place due to the first drill scheduled to take place in the exclusive economic zone of Cyprus by the American based company called “Noble”.
After the conference, the President mentioned that “the conference addressed the attempts—as well as the acts of the Republic of Cyprus—in the exploitation of possible carbohydrate deposits in the ADZ of Cyprus. Moving forward, the Republic of Cyprus has made a deal with the “NOBLE ENERGY” company to carry out the research.
President Christofias said that the agreements that Cyprus concluded with neighboring countries like Egypt, Israel and Lebanon, has favoured and assisted Cyprus attempts to explore the underwater wealth of Cyprus. , stressed the importance of these activities in the dealings between neighboring countries such as for the delimitation of the exclusive economic zone of our country.
The purpose of the drill is to confirm the existence of carbohydrate, as geophysical research has suggested until now. According to research, the possibility is really big. Apart from that, the drill will ensure the amount and the quality of the potential deposits. In this way, the perspective and the possibility of extracting the underwater natural gas will be determined.
On the other hand, Turkey has expressed its interest in non-hostile relations with its neighbor countries. In a meeting between EAC (Electricity Authority of Cyprus), Noble and Delek, the three companies expressed their willingness for a potential cooperation in the field of natural gas. The meeting was just one of many between EAC and the two companies, which are becoming active in the field of excavation and trade exploitation of natural gas.
A relevant announcement mentions that EAC's role is considered by both companies as very important, since EAC will be the most important and maybe the only consumer of this gas.
The re-domiciliation of these companies to the Republic of Cyprus can be effected under the Companies Law of the Republic of Cyprus, CAP 113 and more specifically under Article 354A of the Law.
The procedure of re-domiciliation of a foreign company to Cyprus is as follows:-
An application is made by the foreign company in question to register in Cyprus. This is then filed to the Registrar of Companies. The application should be accompanied by various corporate &/or legal documents which concern the foreign company.
Within six months from the date of issue of the certificate of temporary continuation, the company must submit to the Registrar proof that it has been “de-registered” from its transfer-out jurisdiction. The company is then issued with its permanent certificate of continuation.
A company which wishes to re-dominicilliate its registered office to Cyprus must apply to the Registrar of Companies in order to be granted with a 'certificate of continuance' in Cyprus.
MULTILYSIS SERVICES LIMITED has a long expertise in this area of corporate practice and can be of assistance. For more information & or enquiries, do not hesitate to contact us at info@multilysis.com .
The re-domiciliation of these companies to the Republic of Cyprus can be effected under the Companies Law of the Republic of Cyprus, CAP 113 and more specifically under Article 354A of the Law.
The procedure of re-domiciliation of a foreign company to Cyprus is as follows:-
An application is made by the foreign company in question to register in Cyprus. This is then filed to the Registrar of Companies. The application should be accompanied by various corporate &/or legal documents which concern the foreign company.
Within six months from the date of issue of the certificate of temporary continuation, the company must submit to the Registrar proof that it has been “de-registered” from its transfer-out jurisdiction. The company is then issued with its permanent certificate of continuation.
A company which wishes to re-dominicilliate its registered office to Cyprus must apply to the Registrar of Companies in order to be granted with a 'certificate of continuance' in Cyprus.
MULTILYSIS SERVICES LIMITED has a long expertise in this area of corporate practice and can be of assistance. For more information & or enquiries, do not hesitate to contact us at info@multilysis.com .
On the 26 th of August 2011, the House of Representatives voted as a first package of measures a number of amendments to tax legislation for the purpose of raising revenues and decreasing government spending and for the objective entry into the support mechanism.
These changes relate to increasing various taxes, introducing a levy for all companies incorporated in Cyprus, as well as introducing and/or increasing contributions to pension schemes of government employees, local authorities and semi-governmental organizations, and introducing a special levy for two years on the salaries and pensions paid to government employees, local authorities and semi-governmental organizations.
In the next few months a second and probably a third package of additional measures is expected, which hopefully should focus on further reductions in government spending. The increase in the VAT rate from 15% to 17% is expected to be approved with the second package of measures.
The most significant changes in the tax and company legislation are set out below:
The Income Tax Law
- Increase in the maximum personal income tax rate to 35%
A new income tax rate of 35% is introduced for individuals on taxable income in excess of €60.000.
- Tax incentives for the employment in Cyprus of highly paid non Cypriot resident individuals
In order to encourage the establishment or development in Cyprus of new businesses, tax incentives are offered for the employment in Cyprus of persons who are not tax residents of Cyprus. In such a case, if the income from employment exceeds €100.000 per annum, a 50% deduction is permitted for such income for the first 5 years of employment. The incentive is granted both to Cypriots and non-Cypriots, on condition that prior to the employment in Cyprus, such a person was resident outside Cyprus and was not considered as a tax resident of Cyprus.
- Abolition of exemption from taxation of the President of the Republic and the President of the House of Representatives
The exemption from taxation of the official emoluments and the pension of the President of the Republic and the pension of the President of the House of Representatives is abolished.
- Entry into force
The increase in the personal tax rate will come into effect as from the 1 st January 2011, whereas the incentive for new employees will come into force for employments starting as from the 1 st of January 2012.
The Special Contribution for the Defence Law
- Increase in the rate of defence tax on interest from 10% to 15%
The rate of special contribution for the Defence of the Republic (“defence tax”) on interest received or credited by Cypriot tax residents is increased from 10% to 15%. This applies to both individuals and corporations. In the case of corporations, if the interest results from the ordinary carrying on of any business, including any interest closely connected with the ordinary carrying on of the business, it is not subject to defence tax, but instead is subject to corporate income tax. Therefore, financing companies, including companies involved in intra –group financing activities, are not expected to be affected from the involved in intra–group financing activities, are not expected to be affected from the change in the rate. It should be noted that no defence tax is payable on interest payments to non residents. It should also be noted that this provision applies to interest received by resident individuals or corporations, both from sources within Cyprus and outside of Cyprus.
For provident funds, defence tax on interest received remains at 3%, as well as in the case of an individual whose total income for the year does not exceed €12.000 (including interest income). The same rate applies to interest received by an individual from Government savings certificates and developments stocks.
- Increase in the rate of defence tax on dividends from 15% to 17%
The rate of defence tax on dividends received by a Cypriot tax resident is increased from 15% to 17%. This applies only to individuals, since under the provisions of the legislation companies are generally exempt from the payment of defence tax on dividends.
The increase in the rate also applies when the deemed distribution rules ate applied in cases where a tax resident company does not distribute within two years at least 70% of its after tax profits.
It should be noted that no defence tax is levied on dividends paid to non-resident individuals or corporations. It is also noted that the deemed distribution rules are not applicable in the case where shareholders of a resident company ate non tax residents of Cyprus. However, the deemed distribution rules are applicable in the case of a Cypriot tax resident company owned by another Cypriot tax resident company, which in turn is owned by non residents. It is expected that shortly such companies will be included from the provisions of the deemed distribution rules, therefore there should be a significant benefit for such companies in case of inability to distribute an actual dividend.
- Entry into force
The above provisions will enter into force as soon as the new law is published in the official gazette of the Republic.
The Immovable Property Tax Law
The rates applicable for the payment of immovable property tax, which is paid by both individuals and companies on property owned in Cyprus are significantly increased, as well as the threshold as from which taxes are paid is lowered. It should be noted that tax remains levied on the assessed value of the property as at 1 January 1980. The rates are as follows:
Up to €120.000 0%0
From €120.000 to €170.000 4%0
From €170.001 to €300.000 5%0
From €300.001 to €500.000 6%0
From €500.001 to €800.000 7%0
Over €800.00 8%0
The increase will be effective as from the year 2012.
The Companies Law
- As from 2011 an annual levy of €350 is introduced for all companies incorporated in Cyprus payable to the Registrar of Companies. For groups of companies the maximum levy is fixed at €20.000.
- The levy for 2011 must be paid by 31 December 2011, whereas the levy for 2012 onwards must be paid by 30 June of each year.
- Dormant companies, companies which do not own any assets, as well as companies owning property located in the non Government controlled areas of Cyprus are exempted from the payment of the levy.
In case where the levy is not paid within the prescribed period, if the levy is paid within two months from the due date, a penalty of 10% is payable which is increased to 30% if the levy is paid within five months from the due date. If the levy is not paid within five months, the Registrar of Companies will remove the company from the registry (something which is expected to restrict the company from filing documents or requesting certificates from the Registrar's Office). The return of the company to the registry can be effected within two years with the payment of a levy of €500 per annum and thereafter with the payment of a levy of €750 per annum.
The Value Added Tax Law
Under existing legislation, individuals who buy or construct a flat or house to be used as private main residence ate entitled to apply for a refund amounting to about €17.000 from the Government. This provision is replaced with the introduction of a reduced VAT rate of 5% on the purchase or construction of a house or flat to be used as private main residence, provided the area of the property does not exceed 200 square meters if the total area of the property does not exceed 300 sq.m).
Cyprus Corporate Services Multilysis Services Limited
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Limassol has been selected to be within the list of the top 50 from 500 destinations in southern Europe.
As a representative from the Limassol, Municipality announced, Limassol was chosen to be included in the list of 'Fifty (50) excellent destinations in Southern Europe due to Quality of Beaches for 2011'.
The research took place, under the Union's initiative in relation to the Beach and sea Areas-EUCC of the European program on Quality Coast, in more than 500 international destinations in southern Europe.
Part of the above mentioned list of one of the' 50 excellent Quality Coast 2011 – of Southern Europe destinations' – was Pafos and Kouklia, which are both considered, internationally, as one of the most attractive destinations for tourists who wish to enjoy the natural and cultural heritage, local identity and environment.
The Mayors of the city-destinations which were awarded the above mentioned awards, were invited to the International Ceremony and Laboratory Quality Coast in Cyprus, which took place on the 13th May, in the medieval castle of Kouklia near Afrodite's rock.
During the ceremony, Professor Johan Vande Lanotte delivered the certificates and the relative flags to the Mayors.
Cyprus Lawyers N. Pirilides & Associates LLC - Cyprus Corporate Services Multilysis Services Limited
Russian President Dmitry Medvedev in his congratulatory message to Cyprus President Demetris Christofias for his 65 th birthday highlighted the importance of the intensification of Russian – Cyprus relations and cooperation.
The Russian President in his message, which can be found in the official web page of Kremlin, said accordingly “In Russia you are considered rightly as a sincere friend for our country and we attach a high appraisal for the years you contribute to the development of Russian-Cyprus relations.”
The Russian President continued and stated “I look forward that the confidential dialogue between the two nations will contribute in promoting a constructive agenda both bilaterally and on an international level” Further Dmitry Medvedev, added that he himself attaches a great deal of importance for the implementation of agreements between the two nations which were achieved in October 2010 as the culmination of the talks in Cyprus.
“As a matter of priority treated intensification of multifaceted and geared in future Russian-Cypriot partnership”, says Russian President concluding that he is convinced that the further dynamic development of the relationship between the two nations meets the fundamental interests of both the Russia and Cyprus people and serves towards the consolidation of regional and global stability.
Cyprus Lawyers N. Pirilides & Associates LLC - Cyprus Corporate Services Multilysis Services Limited
Cyprus Corporate Services Multilysis Services Limited – Cyprus Lawyers N. Pirilides & Associates LLC
Tax chargeable on any supply of goods or services is a liability of the person making the supply. Taxable person is every person, natural or legal, resident in the Republic or abroad, who carries on a business and has registered as such in the VAT Register or he is liable to be registered according to the provisions of the VAT legislation .
The term “business” includes any trade, profession or vocation.
Employees or other natural persons who are bound to any employer by a contract of employment or by other legal relation, which creates relationship of employer and employee, are not considered to be carrying out an economic activity and therefore they are not considered as taxable persons.
In addition the VAT legislation provides that Governmental Authorities, Local Authorities and Public Authorities are not deemed to be taxable persons for the supplies of goods or services made by them in carrying out their mission. There are however some exceptions.
The supplies of goods or services made by a person who is not considered as taxable, are not VAT chargeable. On the other hand when this person buys goods or services, he is charged with VAT as if he was the final consumer.
VAT is charged on every taxable supply of goods or services that is on every supply of goods or services made within the Republic, by a taxable person in the course or furtherance of any business carried on by him.
As a general rule a supply of goods or services is considered to be taxable if made for consideration. Nevertheless, the Law provides that specific supplies are considered to be taxable even if made for no consideration.
The supply of any goods is treated as made in the Republic if the goods are in the Republic. The supply of any services is treated as made in the Republic if the person supplying them is in the Republic.
As an exception, the legislation provides that the supply of certain services should be treated as taxable even if made by a person who is in another country and received by a person who registered in the Republic.
Registration with VAT
According to the VAT legislation, every person making taxable supplies is liable to be registered in the following cases:
(i) At the end of any month, if the value of his taxable supplies in the period of one year then ending has exceeded €15.600
(ii) At any time, if there are reasonable grounds for believing that the value of his taxable supplies in the period of thirty days then beginning will exceed €15.600.
A person who by virtue of (i) is liable to be registered, is obliged to notify the VAT Commissioner of his liability by submitting an “Application for Registration in the VAT Register” (Form VAT 101) to the local VAT Office, within thirty days of the end of the relevant month and his registration is effective as from the end of the month following the relevant month or from such earlier date as may be agreed between the person and the VAT Officer.
If a person is liable to be registered by virtue of (ii), he is obliged to notify the VAT Commissioner of his liability by submitting an “Application for Registration in the VAT Register” (Form VAT 101) to the local VAT Office, before the end of thirty-day period to which the liability arises and the registration is effective as from the beginning of this period.
Failing to comply, the person is liable to a levy of €85 for every month or part of month of the delay or refusal or omission . It is clarified that the liability of a taxable person to be registered exists whether or not he has submitted an application for registration. The VAT Commissioner is authorized by the Law to register a taxable person retrospectively, that is from the date that person was, according to the Law, liable to registration. If a taxable person liable to registration neglects to be registered, he is still liable to pay tax on all the supplies he made from the date he was liable to registration.
It is noted that persons making zero-rated supplies are also liable to be registered.
Entitlement to register
A person not liable to be registered is entitled to be registered in the following cases:
(i) Voluntary registration
If a person makes taxable supplies the value of which does not exceed the thresholds that would make him liable to be registered, then he is entitled to apply for voluntary registration by submitting an “Application for Registration in the VAT Register”.
(ii) Intending traders
If a person engages in a business and intends to make taxable supplies of goods or services, he is entitled to apply to be registered as intending trader by submitting an “Application for Registration in the VAT Register”.
The registration is effective from the date of the application or any other previous date as may be agreed between the VAT officer and the taxable person.
Additionally, farmers are entitled to voluntary registration, regardless of the value of the supplies they make in the period of one year, which consist of agricultural products of their own produce or agricultural services.
Acquisitions
Any person making acquisitions in Cyprus is liable to be registered:
(a) at the end of any month , the total value of that person´s acquisitions from all other member States in the year beginning from 1 January has exceeded the registration threshold of €10.251,61; or
(b) at any time that there are reasonable grounds to believe that the value of the acquisitions that person would be making in the following 30 days alone will be over the registration threshold of €10.251,61;
A person making acquisitions according to the previous paragraph is liable to notify his/her obligation to be registered on Form VAT 106. Failure to comply, renders the person liable to a levy of €85 for every month of the delay or refusal or omission.
Where the acquisitions of any person does not exceed the threshold of €10.251,61, then that person may register for making acquisitions in Cyprus voluntarily.
Distance Sales
Any person making distance sales (sales from a person established in another member State), is liable to register for VAT purposes in Cyprus and account for VAT in Cyprus, if in the period starting from the 1st January of the year, the value of distance sales exceeds €35.000. This person is liable to notify liability to register on Form VAT 105. Failure to conform renders the person liable to a levy of €85 for every month of the delay or refusal or omission.
There is also the right for voluntary registration when the threshold is not reached.
Obligations of person/s registered with VAT
According to the VAT legislation, every taxable person is liable, among others, to:
(i) Be registered if the value of taxable supplies of goods or services exceeds the thresholds as set by the VAT Law.
(ii) Notify their liability to be registered within 30 days of the date that the liability emerged.
(iii)Notify the termination of taxable supplies or of the intention to make taxable supplies within 60 days of the date of the termination.
(iv) Pay a levy of €85 for every month or part of month of the delay or refusal or omission to comply with point (i) and (ii) above and €85 for the delay or refusal or omission to comply with point (iii) above.
(v) Submit tax declarations not later than the 10th day following the end of the month following the end of each tax period.
(vi) Pay the tax due not later than the 10th day following the end of the month following the end of each tax period.
(vii)Pay a levy of €51 for the delay or refusal or omission to submit a tax return.
(viii) Provide other taxable persons with tax invoices.
(ix) Retailers must issue a tax invoice, if the customer is a taxable person and asks for one and if the consideration exceeds €85.
(x) Issue tax invoices at the prescribed time.
(xi) Pay any amount that has been assessed or reassessed by the VAT Commissioner.
(xii) Produce certain documents relating to input tax upon request by the VAT Commissioner.
(xiii) Give such amount of security, upon request by the VAT Commissioner, for that amount of tax payment.
(xiv) Not make any taxable supplies, if the VAT Commissioner requires so, unless the taxable person furnishes the VAT Commissioner with any form of security for securing payment of the tax concerned.
(xv) Pay any amount that has been charged as VAT on an issued invoice.
(xvi) Pay an additional levy equal to 10% of the amount which the taxable person neglects or refuses to pay.
(xvi) Pay interest at 9% in cases where the taxable person continues to neglect or refuses payment of any amount due after 30 days.
(xvii) Keep books and records for the purposes of verifying the supplies of goods or services which the taxable person makes or receives.
(xviii)Provide every facility that may be required by the VAT Commissioner for the purpose of examination by any person authorized by the VAT Commissioner of any books and records.
(xix) Preserve books and records for at least seven years, unless the VAT Commissioner fixes otherwise.
(xx) Pay a levy of €85 for the omission to comply with the above – points xix and xx.
(xxi) Notify the VAT Commissioner of such facts and information in respect of any change or alteration of circumstances and conditions of the business.
(xxii) Furnish to the VAT Commissioner such information relating to the goods or services or the supplies of goods or services or importation.
(xxiii)Produce for inspection and search at such time and place as may be reasonably required any documents relating to the business.
(xxiv) Pay a levy of €85 for the omission to comply with the above – points xxiii – xiv.
(xxv) Provide samples of goods to enable the correctness of their tax treatment to be examined.
VAT on imported goods
VAT is charged on all imported goods regardless of the importer being a taxable person or not. In the importation of goods of goods, VAT is considered to be an imports duty and is charged as if it were a duty of Customs.
In certain cases, the importation of services, that is the supply of services from abroad to Cyprus, is treated as a taxable supply of services made by the recipient, if he is a taxable person.
Tax returns, tax payment and credit
Every taxable person is liable to submit Tax Declarations and pay the tax that may be due, usually every three months. Tax declarations relate to certain tax periods that are made known to the taxable person at the stage of his registration. The VAT Service dispatches tax declarations to the last known address of a registered person. The liability to submit tax declarations exists regardless of the relevant form being received or not by the taxable person. Thus, if he has not received it on time, he should contact the VAT Office of his district and ask for the form to be reissued.
On the tax declarations, taxable persons calculate their output tax (the tax on supplies of goods or services they made during the relevant tax period and the VAT calculated on the acquisition of goods from other member States).
Books and records to be kept
According to section 43 and the Tenth Schedule of the VAT Law, every taxable person must keep books and records and preserve them for at least seven (7) years after the completion of the entries or deeds written therein, unless the VAT Commissioner, by relevant notification to the person concerned, fixes otherwise. Every taxable person has to keep books and records of all the taxable supplies of goods or services he makes or receives for the purpose of his business and for intra-community transactions he makes. Books and records must be kept up-to-date, with adequate information and in a manner that enables taxable persons to use them to calculate the payable or claimable amount of tax and fill in tax declarations. Books and records must also be kept in a manner that VAT officers can easily examine them in order to verify VAT declarations but this manner should not be contrary to business practices. In addition VAT legislation provides for special arrangements concerning keeping books and records in connection with the special regimes ie Retail Schemes, Profit Margin Schemes etc.
Taxable persons must keep and preserve the required books and records at the premises of the business.
Relevant to the above is chapter VIII of the VAT Guide, information leaflet 10 and information leaflet 12A on the Margin Scheme for Tour Operators published by the VAT Service.
VAT Invoice
As a general rule, every registered taxable person
- who makes taxable supplies of goods or services to other taxable persons in Cyprus
- makes a supply of goods or services, other than an exempt supply, to a person in another member state
- receives a payment on account from a person in another member state for a supply that he has made or intends to make,
is required to provide them with VAT invoices.
This obligation does not apply if the supply involved is:
- zero-rated;
- made for no consideration;
- made by a taxable person that uses the Profit Margin Scheme.
Registered retailers may issue the “retail invoice”, if the customer is a taxable person and asks for a tax invoice, provided that the consideration is below €85,43.
Foreign enterprises doing business in Cyprus
If a trader is not resident in the Republic – in the case of a natural person or the legal person is based abroad – carries out a business in Cyprus and is liable or entitled to registration in the VAT Register of the Republic, the VAT officer may appoint a person who is resident in the Republic and is recommended by the trader, to act on behalf of the trader for VAT matters (a VAT representative) or require security for the protection of public revenue.
It should be noted that for persons resident in another member state or legal persons incorporated in another member state, there is no obligation to appoint a Vat representative.
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ZERO-RATING OF INTRA-COMMUNITY SUPPLIES
Prior to 1st May 2004 all exports of goods to destinations outside Cyprus, qualified for the zero rate of VAT. This continues to be the case for exports to countries outside the EU. However, under the EU VAT arrangements, as from that date a Cypriot trader registered for VAT may zero-rate the supply of goods to a customer in another Member State (MS) provided that:
-The customer is registered for VAT in the other MS,
- The customer's VAT registration number is obtained and retained in the supplier's records,
- This number, together with the supplier's VAT registration number is quoted on the sales invoice,
- The goods are dispatched and transported to the other MS,
- The supplier retains appropriate commercial documentary evidence that the goods have been removed from Cyprus,
- The supplier submits the Recapitulative Statements to the VAT Service.
PURPOSE OF THE VIES SYSTEM
VIES (VAT Information Exchange System) contributes to the effectiveness of this new VAT regime and provides a mechanism for preventing and deterring of the abuse of the VAT zero-rating provisions on intra-community trade of goods and detecting unreported movements of zero-rated goods between MS. An integral part of the system is a requirement that each MS must store and process specific information which it collects from its traders about their supplies to other MS.
OBLIGATIONS OF TRADERS UNDER VIES
Under the EU and the national legislation regulating VIES, any VAT-registered person who supplies goods to a VAT-registered person in another MS has to submit the Recapitulative Statement declaring all the intra-community supplies made during a calendar quarter. The Statement must be submitted to the VAT Service until the tenth day of the second month following the calendar quarter to which the statement relates. If a person fails to comply, this person is liable to a penalty of fifty one euro (€51) for every month of non-compliance, the maximum being three months. Non-compliance that continues after the three months constitutes a criminal offense and a convicted person may incur an additional fine of up to two thousand five hundred sixty two euro (€2562).
Moreover, the relevant legislation provides that the submitted Recapitulative Statement should not be incomplete or contain inaccuracies, such as wrong VAT numbers of the customers in other MS. If a submitted Recapitulative Statement is incomplete or contains inaccuracies, the taxpayer should submit a corrective statement within two months following the calendar quarter to which the Recapitulative Statement relates. In opposite case, a penalty of fifty one euro (€51) is imposed.
Legal basis
- The Customs and Excise Duties Law of 2003 no. 224(I) of 2002, Section 17.
- The Customs and Excise Duties (Relief on Imported Goods) Regulations of 2004, PI 380/04, Regulation 13.
The relief regime from import and excise duties for goods imported for use by offshore companies or their expatriate personnel has been terminated since 31 December 2003.
Motor vehicles under relief
In spite of the fact that the relief regime for offshore companies has been abolished, as mentioned earlier, entitled offshore personnel reserves the right to continue to possess a duty free vehicle which has been registered in their name prior to the 31st March 2003 in cases whereby they:
- change employment to another entitled offshore company;
- continue their employment in the same entitled company, which has extended its activities into Cyprus and has chosen to be taxed in accordance with the provisions of section 46 of the Income Tax Law, under the normal corporate tax rate;
- change employment to another company which was entitled to relief but has elected to be taxed in conformity with the provision of section 46 of the Income Tax Law, under the normal corporate tax rate.
In case of disposal of the vehicle, the provisions of Regulation 12 of the Customs and Excise Duties (Relief on Imported Goods) Regulations of 2004, PI 380/04, will apply
Recently there have been amendments in 3 statutes namely the (1) Town and Country Planning (N.90/72), (2) the Streets and Buildings Regulation (Chapter 96), and (3) the Immovable Property (Chapter 224) (Tenure, Registration and Valuation) Laws (hereinafter collectively called “ the Planning Amnesty Amendments ”).
The Planning Amnesty Amendments came into force on 8.4.2011. Their aim is to simplify the procedures regarding the legalization of irregularities and ultimately the issue of updated title deeds.
For the first time a purchaser (apart from the registered owner) has the right to activate necessary procedures for the legalization of the development or for the issuing of title deeds. Where the registered owner seems to be reluctant or unwilling to unwilling to apply for a certificate of approval or to legalize the building, the Authorities are empowered to impose considerable administrative fines. It is advisable that the statements of intent or planning applications are submitted jointly by as many co-owners as possible.
Therefore an owner and/or purchaser of immovable property unit with irregularities and no separate title deed may:
- Apply directly for the issue of separate title deed, without prior legalization of the irregularities. This means that the title deed shall be subject to the said irregularities, if any, or
- Apply for the legalization of the irregularities prior to the issue of title deed. With this way there will be no irregularities registered on the title deed.
A fixed three-year period, expiring on 7.4.2014 , is defined, for the submission of applications making use of the Planning Amnesty Amendments. However if a purchaser wishes to legalize irregularities, he/she must submit a Statement of Intent the latest by 7.10.2011
Issue of Title Deed (without prior legalization)
The legality of the building is no longer a prerequisite for the issuing of an updated title deed. Thus title deeds can be issued, despite any building irregularities, provided that an application is submitted to the Building Authority, together with an accurate description of the building as well as any irregularities that may appear, in comparison to the building or the planning permit issued.
Following the said application the Building Authority shall issue:
1) a certificate of approval (in case the building was constructed in accordance with issued permits) or
2) a noted certificate of approval (where the deviations shall be described) or
3) a certificate of unauthorized operations (in case of substantial irregularities in relation to the permit)
The Building Authority may issue a certificate of approval, even if a planning permit or a building permit has expired. The certificate of approval has the effect of a building permit.
The Building Authority shall send all the relevant information to the Land and Surveys Department in order to obtain a title deed with or without notes or with prohibition of transfer and burden.
It should be noted that the updated title deeds are issued in the name of the original owner, and not in the name of the purchasers. The Authorities involved in the procedure do not have the power to transfer property rights to purchasers, without the owner´s consent. However, it is of crucial importance, that separate title deeds are issued for individual units of a larger development, as this facilitates significantly the purchaser to invoke the right of specific performance of the contract of sale, through action taken in the Courts, against the vendor. The transfer of property to purchasers is performed by the registered owner, either voluntarily, or by an Order of the Court, issued at the request of the purchaser.
Legalization of Irregularities (prior to issue of title deed)
If a purchaser wishes to legalize any irregularities, he/she must submit to the ministry of interior a 2-page Statement of Intent the latest by 7.10.2011 . The said Statement contains general information that is necessary so as to ensure that the irregularities existed on April 8, 2011, and is attested by an affidavit provided by a qualified person, member of the Scientific and Technical Chamber of Cyprus (ETEK).
It is strongly recommended that each owner to submit the said notice prior to the above deadline, even if at this stage he/she is not certain whether the irregularities satisfy the conditions of the Planning Amnesty Amendments. The said statement is the KEY for an owner/purchaser to proceed later on with an application to legalize the irregularities (this does not apply to persons submitting, directly, an application for planning permit (instead of a statement of intent) to the Planning Authority until October 7, 2011, or those who have already submitted an application to the Building Authority for a certificate of approval and have not yet been informed of the Authority's decision).
The Planning Amnesty Amendments enable the legalization of only specific type, nature, scale and significance irregularities on existing buildings under certain conditions, the most important of which is the existence of a relevant planning permit and/ or building permit for the development, even if the planning permit and/ or building permit have expired.
The scale and significance of the irregularities that can be legalised are defined by the provisions of the law. Not any irregularity, irrespective of its scale, can be legalised. In cases of irregularities of a very severe nature, the Building Authority is empowered to issue a certificate of unauthorized works, requiring the Department of Lands and Surveys to register a note on the title, prohibiting the transfer of the property to another person.
For example the provisions of the law can apply where there is an increase of the approved plot ratio (of the building or the individual unit) up to 30% of the approved covered area, of which only 10% could be allocated outside the approved shell of the building, differences in the approved general layout of the development etc. In such cases compensation levy will be imposed on the owner or purchaser, which will be equivalent to the market value of the area in excess. These values will be determined on the basis of general estimates carried out by the Department of Land and Surveys, which will be published by an Order of the Minister of the Interior. A 20% discount on the compensation levy is set for all applications submitted within the first year period, and a 10% discount for applications submitted within the second year of the implementation of the provisions of the law.
http://www.pirilides.com/en/cyprus/practices/property-law/10 - Cyprus Property Law
The project for the implementation of the new Ayia Napa Marina is expected to start in approximately 1-2 years from today. Soon, the consortium which has won the contest for the construction of the project, will engage into discussions with the Government of Cyprus for the signing of the final agreements. Upon signing of these agreements, the plans will have to be deposited which will demonstrate exactly what developments will be included in the Project ie yacht berths, construction of villas, houses and other buildings such as restaurants, etc.
Bank guarantees will be required by the Government so that the government can secure the fact that that companies which will undertake to implement the project have the necessary liquidity. As stated by the Mayor of Ayia Napa, 'the Ayia Napa marina will positively affect this part of Cyprus and that Cyprus will be positively affected and will enjoy multiple benefits since the project will optimize the economic life of the Famagusta area, since new job positions will be opened and will be available and tourism development will be further enhanced'.
Another important project for the area of Ayia Napa is the creation of the Ayia Napa Forest Golf, planned to be implemented in the northern eastern part of Ayia Napa. The Golf course will not however contain a residential area. This project will stretch in 430 acres of land. The piece of land has been granted by the government for this development.
The project is expected to finish in 1-2 years approximately. The fact that there is not going to be any residential development of the land, means that the area will be wholly reserved and used for sports and also, time-consuming procedures for approval of planning permits and other bureaucratic procedures are automatically overcome. In the golf course, there will only be some cafeterias, and probably changing rooms for the athletes.
Banks Operating in Cyprus
A. BANKS INCORPORATED IN CYPRUS
1. BANKS LISTED ON THE CYPRUS STOCK EXCHANGE
- Bank of Cyprus Public Company Ltd
- Marfin Popular Bank Public Co Ltd
- Hellenic Bank Public Company Limited
- USB Bank Plc
2. SUBSIDIARIES OF FOREIGN BANKS
- Αlpha Bank Cyprus Ltd
- BNP Paribas Cyprus Ltd
- Emporiki Bank – Cyprus Limited
- National Bank of Greece (Cyprus) Ltd
- Russian Commercial Bank (Cyprus) Ltd
- Societe Generale Bank-Cyprus Limited
- Piraeus Bank (Cyprus) Ltd
- Eurobank EFG Cyprus Ltd
3. OTHER BANKS
- Co-operative Central Bank Ltd
- The Cyprus Development Bank Public Company Limited
- Housing Finance Corporation
Β. BRANCHES OF FOREIGN BANKS
1. BRANCHES OF BANKS OF EUROPEAN UNION COUNTRIES
- Barclays Bank PLC
- Banque SBA SA
- First Investment Bank Ltd
- Joint Stock Company “Trasta Komercbanka”
- National Bank of Greece SA
- Central Cooperative Bank PLC
- Banca Transilvania SA
- Joint Stock Company Akciju Komercbanka “Baltikums”
- AS LTB Bank
2. BRANCHES OF BANKS OF COUNTRIES OTHER THAN EUROPEAN UNION
- BankMed sal
- Arab Jordan Investment Bank SA
- BANQUE BEMO SAL
- Bank of Beirut SAL
- BBAC SAL
- BLOM Bank SAL
- Byblos Bank SAL
- Credit Libanais SAL
- FBME Bank Ltd
- Open joint-stock company AvtoVAZbank
- OJSC Promsvyazbank
- Jordan Kuwait Bank PLC
- Jordan Ahli Bank plc
- Lebanon and Gulf Bank SAL
- Privatbank Commercial Bank
- IBL Bank sal
C. REPRESENTATIVE OFFICES
Economic growth is usually associated with technological changes, changes which aim in minimizing costs and maximizing profits. Even if, the aforesaid proposition seems to be the norm, Cyprus enjoys both the privilege and the grace to attract investors and financiers who are able to appreciate the potential economic dynamics of the Cyprus economy. Cyprus has the privilege to be acknowledged as a respectable member of the International Real Estate Federation (“FIABCI”) which links thousands of real estate professionals worldwide from every discipline in the industry having as a major objective the eradication of borders between nations and the amplification of investments which will surely add to what many have named as “economic expansion”.
In May 2011 Cyprus had the opportunity to be the host of the FIABCI conference which was successfully held in Pafos. What became apparent and of course delighting, was the high interest to invest in the Cyprus market by foreign investors. Analysing the above proposition it seems obvious that one of the reasons that an investment might seem attractive in Cyprus is the high quality of legal and accounting services that can become available to any potential investor. In addition, the low tax rates compared with the Russian tax rates and the agility that is provided by the Cyprus legal system can be regarded as the main reason of attraction by foreign, especially Russian investors.
In immediate aftermath of the FIABCI conference many Russian investors stayed for about a week in Pafos and performed a detailed economic analysis on the subjects analysed in the FIABCI conference. This can be also translated as a strategic movement by those investors aiming in identifying there next project. Moreover according to the Dinos Michaillides, the Cypriot President of FIABCI department in Cyprus, many multi-million projects are under consideration and due to commence within the near future.
This is also supported by the leading man in FIABCI Alexander Romanenco who has stated that he expects a big Russian wave of investment in Cyprus as Cyprus is currently regarded as having the dynamics to gear profits and create prosperity both to the local market but also to an investor who is willing and ready to invest within the solid economy of Cyprus .
Angelos Onisiforou
Karayiannas Developers in Cyprus , Christoforos Karayiannas & Son Ltd construct Cyprus property, apartments, bungalows and in Frenaros, Ayia Napa, Vrysoulles and Paralimni.
Karayiannas Developeres in Cyprus Sotira Lake villas in the Famagusta district of Cyprus – video by Karayiannas Developers in ParalimniCyprus. Cyprus property – Karayiannas developers are producing videos about Cyprus. Karayiannas property developers are Cyprus property developers with offices in Paralimni located in the Famagusta district of Cyprus. As Cyprus developers we develop all types of property in Cyprus. Find out more about
Karayiannas Developers in Cyprus, Christoforos Karayiannas & Son Ltd construct Cyprus property, apartments, bungalows and in Frenaros, Ayia Napa, Vrysoulles and Paralimni. -
Karayiannas Cyprus Paralimni Properties - Paralimni video by Karayiannas Developers – Paralimni is a popular destination in Cyprus, it is close to Ayia Napa and Protaras in the Famagusta district of Cyprus Karayiannas Developers are based in Paralimni.Cyprus property – Karayiannas developers are producing videos about Cyprus. Karayiannas property developers are Cyprus property developers with offices in Paralimni located in the Famagusta district of Cyprus. As Cyprus developers we develop all types of property in Cyprus. Find out more about us:- www.karayiannas.com.cy And our Blog www.karayiannas.co.uk King Menelaous Project – www.karayiannashome.com Stone Meadows – www.karayiannas.net Alonia Villas Project – www.karayiannas.com Villa Anna Project – www.karayiannas.biz Andriani Gardens Project – www.karayiannas-andrianigardens.com and www.karayiannas.info www.karayiannasprotaras.co.uk Long Video
10 يونيو 2011
Tomorrow the 10 th June, the Special Olympics flame will arrive in Pafos.
Castle square in Kato Pafos at 20:00
11-13 June 2011
Kataklysmos
Fifty days after Easter is Kataklysmos, which is otherwise known as the Festival of the Flood, or the Water Festival. This religious public holiday sees a three day celebration at all of the major coastal towns across the island, with the promenades taking on the appearance of an open-air fair, with countless stalls selling toys and traditional Cypriot food. The celebrations will include folk dancing, singing, games, swimming competitions, boat races, and just generally throwing water at each other. A great way to stay cool in the Cyprus sun!
It is the day of the Holy Spirit, which celebrates the descent of the Holy Ghost to the Apostles. In Cyprus, the celebrations also relate back to the Old Testament tale of Noah's Ark (the Greek myth of Deukalion) and ancient ceremonies in honour of Aphrodite and Adonis.
The Cyprus Government provides new incentives to third-country nationals for investing in Cyprus. These incentives gained popularity in the last three years as around 30 foreign nationals were granted permit/s or nationality, amongst them some of the richest people in the world.
The main ways in which this can take place are as follows:
أ. By obtaining an Immigration Permit
Equivalent to a permanent residency permit and can be granted, by the Minister of the Interior provided that the applicant/s has a clean criminal record and an insured annual income of approximately €30.000 (per couple) wholly generated abroad and not from employment or self employment in Cyprus, to people from third countries who invest in privately owned residence in Cyprus of a value not less than EUR 300,000 for ownership occupancy.
ب. By obtaining a Cypriot Passport/Nationality
Approval must be obtained from the Council of Ministers for providing nationality in special cases. Although each case is considered on its own merit, there is some criteria which needs to be met when considering such applications, ie The applicant must be over the age of 30 years, have a clean criminal record and must have a permanent home in Cyprus and of course travel to the island often. These conditions must be satisfied when a third country individual applies for Cypriot nationality.
In addition to the above, the applicant must satisfy one of the following conditions:
أ. Must have business activities, with a total annual turnover of not less than €85m., in the year prior to the year of application – (eg companies registered in Cyprus)
أو
ب. Must have direct investments of at least €30m.
أو
ج. A combination of business activities and direct investments of at least €25m.
أو
د. Must be able to prove that he has introduced new technology in vital sectors of the
Cypriot economy or research centres
أو
ه. The applicant must have a personal 5 year deposit in a Bank in Cyprus amounting to
at least €17m.
Even if the figures stated above for points a to e are not fully achieved, if the potential investor has the 'correct' profile and commits himself to a considerable and respectful investment in the island, there is a good chance to be considered eligible to obtain a passport.
اقرأ المزيد
http://www.pirilides.com/en/cyprus/practices/acquisition-of-immovable-property/10
Visit justincyprus.com and read more about Rent To Buy Property in Cyprus.
هل تعلم؟ Cyprus offers some of the best beach destinations, according to a survey released April 5 by TripAdvisor. Cyprus took two of the three top beach destinations in the survey, including the top one! The winners were based on the most highly rated beach destinations by millions of international travelers in TripAdvisor reviews.
هل تعلم؟ Cyprus offers an incredible amount of 54 blue flag beaches for such a small island (648 Km of coastline).
In comparison, Bulgaria only was awarded 10 blue flag beaches, Malta only 2, Morocco 20, Norway 5 and Tunisia 8.
Cyprus in fact is in the top 5 countries worldwide with the highest ratio of Blue Flag beaches per km of coastline.
هل تعلم؟ Archeologists discovered that ancient civilizations produced perfumes or fragrant oils, while the oldest relics in this sense have about 4,000 years. The perfumes bottles were found in Pyrgos, Cyprus.
Green Energy: Cyprus' first wind park at Orithes in the Paphos district was inaugurated on Sunday by President Demetris Christofias,
The €170 million project aims to provide eight per cent of the island's electricity generation and has been operational since last year.
