Declarations of Withholding Tax & Contributions (IR 7)
Declarations of Withholding Tax & Contributions (IR 7) that have not been submitted and concern the years from 2019 onwards The Tax Department informs that, in terms of complying with…
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Extension for the submission of the Individual’s Income Statement
The Department of Taxation has announced an extension for the submission of the Individual's Income Statement for the year 2023 and the payment of the tax due. Based on the…
Saudi Arabia Emerges as a Premier Destination for Global Businesses
In recent years, Saudi Arabia has shifted from an oil-dependent economy to a diversified powerhouse, actively attracting global businesses. Central to this transformation is Vision 2030, led by Crown Prince…
Updated Social Insurance Contributions in Cyprus – Effective January 1, 2024
As we step into the new year, it's crucial to stay informed about changes that may impact our financial landscape relating to the updated social insurance contribution rates in Cyprus,…
HIGHWORTH BUSINESS CONFERENCE INVITATION 2OTH SEPTEMBER 2022
HIGHWORTH BUSINESS CONFERENCE INVITATION 2OTH SEPTEMBER 2022 We are happy to share with you that HIGHWORTH after establishing its Representative offices in Beirut, and creating stronger bonds with the Lebanon…
UAE FREE ZONE COMPANIES
The United Arab Emirates comprises of a Federation of seven emirates namely, Dubai, Abu Dhabi, Sharjah, Fujairah, Ras Al-Khaimah, Umm Al-Quwain, and Ajman which have their own rules and regulations…
Relocate of IT Companies in Cyprus
REASONS TO RELOCATE YOUR IT COMPANY TO CYPRUS Cyprus offers the best package of benefits and living conditions in Europe, perhaps globally, for relocating yourIT business and your team of…
Crypto Asset Services Providers (CASP)
The Cyprus Securities and Exchange Commission (CySEC) is an anti-money laundering and counter-terrorist financing (AML/CFT) supervisor for crypto-asset operations undertaken in or from Cyprus and provides all relevant guidance for…
Shipping in Cyprus
The Cyprus Registry holds the 11th position among international fleets with its merchant fleet ranking 3rd in the European Union. Vessel Registration Criteria of Ownership for registering under the Cyprus…
Cyprus International Trusts
Trusts are widely used for the protection of assets. Cyprus introduced a competitive internationaltrusts regime back in 1992 which was further amended in 2012. Qualifications for Cyprus International Trusts (CITs)•…