The ‘new’ 20% and 50% tax exemptions on salaried income

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By broadening the tax exemption eligibility, Cyprus strategically aims to attract top talents from around the world. It has shown itself to be one of Europe’s most dynamic markets for talented professionals from all over the world. The generosity of these tax incentives is only a sample of the island’s commitment to fostering a dynamic and inclusive, growth-oriented economy. By doing so Cyprus is positioning itself as a preferred destination for dynamic companies and their highly skilled employees. With these additional incentives, a more inclusive version of the 20% and 50% exemption schemes has been introduced. These tax breaks have been designed especially for high income earners.

Real Estate Tokenization: The Future of Investment in Property

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Real estate tokenization is a modern way of investing in real estate. This revolutionary concept, made possible because of blockchain technology and smart contracts, has disrupted the traditional real estate industry by offering investors access to fractional ownership of a property.

Real estate tokenization converts the value of real estate into tokens stored on a blockchain, enabling digital ownership and transfer. These divisible tokens represent a fractional share of ownership stake in that real estate.

Despite universal globalization, the real estate market's main problem is that it is still not global. Mass buyers and investors generally look at the real estate market within their country or city. Accordingly, for real estate development companies and property owners, this means an artificial reduction in demand, limiting opportunities for growth in their business. Smart contracts and tokens come to solve these problems. Together, they erase boundaries for real estate transaction participants, reduce transaction costs, and open new opportunities for market participants.

Trademark rights in multiple jurisdictions

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Today’s business owners have the opportunity to expand like never before. To avoid the worry of somebody illegally taking a piece of the pie when expanding and being part of the global economy, it is vital to protect one’s IP in as many countries as possible. The rise of technological development provides for a seamless expansion experience. This can be done either by directly applying to each jurisdiction or by using the facilitation of the Madrid system as explained below.

ΣΕΛΚ | Ανακοίνωση ΤΕΕΔΙ ημερ. 17/01/24 Παράταση υποβολής στοιχείων στο Μητρώο Πραγματικών Δικαιούχων μέχρι τις 31 Μαρτίου 2024

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Το Τμήμα Εφόρου Εταιρειών και Διανοητικής Ιδιοκτησίας, με σκοπό τη βέλτιστη επικαιροποίηση του Μητρώου Πραγματικών Δικαιούχων στη βάση της αναβαθμισμένης ψηφιακής πλατφόρμας, ανακοινώνει την παράταση της υποβολής στοιχείων των Πραγματικών Δικαιούχων για όλες τις περιπτώσεις Εταιρειών και άλλων νομικών οντοτήτων μέχρι και τις 31 Μαρτίου 2024. 

Ακυρώνονται ακόμα αποφάσεις του τέως Εφόρου Φορολογίας

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Τέσσερα σχεδόν χρόνια μετά την ακύρωση του διορισμού του Γιάννη Τσαγκάρη από Έφορος Φορολογίας λόγω αντισυνταγματικότητας, οι παρενέργειες συνεχίζονται.

Προχθές το Διοικητικό Δικαστήριο ακύρωσε άλλη απόφαση του Εφόρου για επιβολή φορολογίας σε εταιρεία, με το αιτιολογικό ότι ο παράνομος διορισμός επιφέρει και ακύρωση των πράξεων του.

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