Ο περί της Συλλογικής Διαχείρισης Δικαιωμάτων Πνευματικής Ιδιοκτησίας και Συγγενικών Δικαιωμάτων καθώς και για τη Χορήγηση Πολυεδαφικών Αδειών για Επιγραμμικές Χρήσεις Μουσικών Έργων Νόμος του 2017 (65(I)/2017) (ο «Νόμος») Ο Νόμος θεσπίζει τις προϋποθέσεις διασφάλισης της ορθής λειτουργίας της διαχείρισης των δικαιωμάτων πνευματικής ιδιοκτησίας και των συγγενικών δικαιωμάτων από οργανισμούς συλλογικής διαχείρισης και από τις […]
Even though ‘substance’ is a widely known tax concept which is a key consideration in international structures and tax planning, it does not have a specific meaning. Substance is usually considered together with the tax residency. The typical definition of an entity having economic Substance is that a transaction or entity located in low tax […]
CONSTANTINOU PANAYIOTOU & CO LLC, a leading Cypriot law firm in the areas of Corporate/Company Law, Contract Law, M&A and business law, is pleased to announce the arrival of Panos Panayiotou as a new Senior Partner, effective from September 2017. Panos Panayiotou’s arrival (who up until now had been cooperating with the firm from the […]
On April 2016, as part of a crackdown on tax evasion, the British government announced that all of the crown dependencies and British overseas territories (including BVI) had formally agreed to exchange information relating to the beneficial ownership of companies to the UK law enforcement. Located in the Caribbean, the British overseas territory has come […]
GCP LAW successfully sponsored the CIS WEALTH CONFERENCE in MOSCOW on the 20 & 21 of February 2017. GCP LAW was represented at the Conference by the Managing Director of the firm Ms Georgia Constantinou-Panayiotou who was also one of the Speakers to the conference, and the Associate Lawyer Ms Maria Ioannou. The topic of Ms Constantinou-Panayiotou’s […]
The Registrar of Companies announced that on 31/03/2017 it will proceed with the deletion of Cyprus companies that have not paid their Annual Levy Fee for over a year from the date that it was fell due for payment. As such, Cyprus companies which have not paid their Annual Levy Fee for 2012, 2013, 2014 and/or […]
Russia Double Tax Treaty: Implementation Postponement – Amendment of Article 13 “Capital Gains” January 12, 2017 |Thenia Elena Lambridou, Associate Lawyer The Cyprus Ministry of Finance, last week announced that an agreement has been reached between the Russian Authorities and the Authorities of Cyprus for postponing the application of the Protocol, amending Article 13 ‘‘Capital […]
On the 13/9/2016, the Cyprus Government announced that the Council of Ministers revised the criteria and updated the procedure and a series of financial criteria for granting Cypriot citizenship to foreign investors, lowering the threshold and thus making the programme even more attractive. The previous ‘collective investments’ application has been abolished. Under the new procedure, […]
On the 3rd of September, GCP LAW celebrated its 10th Year Anniversary with a majestic gala dinner at the Balthazar Restaurant of the CVAR/Severis Foundation in the heart of Nicosia. We had the pleasure to welcome distinguished guests, clients and associates of GCP LAW from Cyprus and abroad. The gala dinner honoured with his presence the Minister of Finance Mr […]
Cyprus has concluded a Double Tax Treaty (DTT) with Iran on 4 August 2015 for the avoidance of double taxation. This tax treaty was signed in the presence of the Iranian Deputy Minister of Finance Ali Asghar and shall come into force once each country completes the ratification process. The tax treaty is based on […]
