Real Client Instructions - Creation of Cyprus Company Real Client Instructions - Creation of Cyprus Company Client order two newly formed companies and we enquire their compostion FinHub / Thursday, July 22, 2021 0 991 Article rating: No rating George, kindly advice and provide the following information with regards name of companies, directors, company secretary and shareholders of bothe companies. We will also need your KYC information such as Read more
Real Client Instructions - Client does not provide their accountant promptly their sales invoices Sales invoices to EU clients must be recorded via VIEs which has a very tight deadline FinHub / Thursday, July 22, 2021 0 853 Article rating: No rating All sales to EU clients must be sent to your accountant the minute the sales invoices are raised as we are recording them via the VIES mechanism. Read more
Real Client Question - Please check if my sales invoices are correct especially with regards VAT Real Client Question - Please check if my sales invoices are correct especially with regards VAT Client wants to check how VAT applies to UK and Italian clients FinHub / Thursday, July 22, 2021 0 916 Article rating: No rating Kindly note that the UK has now exited the EU so whether or not VAT applies it depends on the specific transaction. So please specify what you mean by marketing: Read more
What happens when you use a cheap or really “competitive” (cheap) accountant! What happens when you use a cheap or really “competitive” (cheap) accountant! Is cheap really expensive in the end? Like all things? FinHub / Thursday, July 15, 2021 0 1990 Article rating: No rating What happens when you use a cheap or really “competitive” (cheap) accountant! Accounting and bookkeeping are really labor-intensive task which require not only a certain amount of skillset and knowledge, but most importantly common sense, which as we all know, is not so common. Read more
If you are relocating to Cyprus, these are the main issues to consider prior to your stay! If you are relocating to Cyprus, these are the main issues to consider prior to your stay! Should you set up a Company? What comes with it? FinHub / Thursday, July 15, 2021 0 914 Article rating: No rating Although we can go into a great extent for all of them, this article focuses on the last part which is deciding whether to trade as a physical person or as a company. The answer to this choose is made easier by the introduction of the 35% personal taxation on salaried income exceeding the first Euro 60,000 taxable income. Coupled with the legal protection a company offers, individuals who are going to set up a business in Cyprus are more likely to do so via the setup of a Cyprus company. Read more