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BVI BUSINESS COMPANIES ACT – IMPORTANT CHANGES

Final approval of the amending legislation from the BVI Government has now been granted with the BVI Business Companies (Amendment) Act, 2015 being Gazetted late on New Year’s Eve. On 5 January 2016 a further notice was issued bringing into force the new provisions relating to the register of directors on 1 April 2016, and […]
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WHAT IS THE NEW PSC REGISTER IN THE UK AND HOW IT AFFECTS THE BENEFICIARY?

Definition The PSC or ‘persons with significant control’ register is a new statutory register which most UK companies and LLPs will be required to keep in order to ensure that the individuals who are its ultimate beneficial owners and controllers are identified and details of their holdings made public. Rationale The Government hopes that the introduction of […]
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MODERNISATION TO THE CYPRUS TAX SYSTEM-2015

Important Changes to the Cyprus Tax System As part of the overall effort to continuously improve and simplify the Cyprus tax system as well as to remain a highly compliant and attractive jurisdiction, various new bills have been passed into new laws by the House of Representatives on 9 July 2015. Furthermore, a number of […]
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Testimonials

“Our Group has been cooperating with GCP LAW for 10 years. We would like to point out high professional level of specialists of the firm, deep knowledge of legislation, excellent quality of legal, consulting and accounting services being provided to our group. Particularly, we mark operational availability of the team members, efficient assistance in day-to-day […]
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Why Cyprus

Cyprus has a long history in the financial and corporate services sector. Cyprus has always been regarded as an exceptional setting for incorporating companies not just because of its advantageous tax system and its straightforward legal structure but also because of the island’s outstanding location at the crossroads of three continents, the low operating costs […]
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Setting up a cyprus company

Incorporation in Cyprus The type of company for international trade and investment is a private company limited by shares which is incorporated pursuant to the Companies Law, Cap. 113. There are a number of restrictions on the activities of a private company, and namely companies cannot: – undertake the business of banking, insurance or rendering […]
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Citizenship and permanent residence programs

Citizenship and permanent residence programs Our law firm is established in Nicosia, Cyprus and offers citizenship and residence services to foreign clients ever since 2006. We are well versed on the acquisition of Cyprus passports and residence permits by foreign investors and entrepreneurs. In addition to that, we are able to provide a full range […]
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Recent Posts

7th Cyprus Banking Forum

7th Cyprus Banking Forum

Corporate Administrator

Corporate Administrator

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