Athens Marathon ZERO WASTE FUTURE
Georgia Danou our Head of Banking and Finance took part in the 5 km race part of the Athens 2019 Marathon. Go Georgia and good luck for next year.
We are delighted to announce the appointment of Georgia Danou to head up a newly formed banking and finance team.
Georgia has over 23 years’ experience working in various leadership roles as in-house counsel with Laiki Bank, Bank of Cyprus and the Central Coop Bank where she took the leading in-house role in the sale of the Coop’s on going banking operations to Hellenic Bank. She was also one of the directors in charge of legal in the … Continued
Cypriots eligible for military service on claiming Cypriot Citizenship on the basis of origin
We have been approached by a number of British citizens with Cypriot roots who, in light of Brexit, are considering claiming to what amounts to their birth right, Cypriot Citizenship. A major consideration for them is whether the males will have to serve in the military as Cyprus still has conscription for all males which … Continued
ΟΥΣΙΑΣΤΙΚΟΣ ΕΛΕΓΧΟΣ ΗΜΙΚΡΑΤΙΚΩΝ ΟΡΓΑΝΙΣΜΩΝ
Οι αποφάσεις, πράξεις ή παραλήψεις της οποιασδήποτε Επιχείρησης, Οργανισμού ή Δημόσιας Εταιρείας στις οποίες το κοινό έχει επενδύσει ή που άμεσα ή έμμεσα επενδύει, σε ένα ευνομούμενο κράτος θα έπρεπε (αυτό επιβάλλει θεωρητικά και ο νόμος μας), να ελέγχονται από τους μετόχους της ή το κοινό γενικότερα, οι οποίοι στο τέλος της ημέρας, είναι αυτοί που … Continued
Cyprus – Navigating into the future
Cyprus maritime law is based on our own (English and as of 2004 EU influenced) as well as international legislation on shipping activities and vessel registration. The diversified nature of the current shipping fleet flying the Cypriot flag, its upgrading and modernization and the revised Tonnage tax System, proved Cyprus as a strong and resilient player in the … Continued
Destination Cyprus for British Businesses after Brexit
In a paper published September 2016 written by Jill Rutter and Hannah White and published by the Institute of Government [1] those writers say that, “While Whitehall is building the machinery to respond to Brexit, politicians don’t yet know what to do with it – or if they do, they aren’t saying.” Well it seems now … Continued
Agreed revisions to the India Cyprus Double Tax Treaty
On 30 June 2016 the Double Tax Treaty between Cyprus and India has been revised. The treaty has for some time been the subject of negotiations between the two governments. The text for the treaty has been agreed and it contains a number of important provisions which we refer to briefly below. An important result … Continued
Tax Developments in Cyprus – July 2015
Notional Interest Deduction (NID) – Change taking effect as of 1st January 2015 The aim of this amendment is to encourage the decrease of corporate debt and encourage equity investment – acquisition of shares in a company either at par value or at a premium. On the basis of the NID any investment (in cash … Continued