Our Firm is the winner in the category of Transfer Pricing Advisory Firm of the Year in Cyprus – 2020 of Global Advisory Experts (GAE) www.globaladvisoryexperts.com awards. After an extensive nomination and research process and based on client testimonials, key transactions, rankings, overall reputation, publication contributions, speaking engagements and the performance and standing of teams and individual advisory experts the GAE organisation has chosen our Firm as the […]
The provisions of the Cyprus Tax law for the treatment of intangible assets have been amended on 14/08/2020, retrospectively from 01/01/2020. The amendments as explained below they enhance the attractiveness of the regime by: abolishing any tax on the gain realized on the disposal of the intangible assets (even on the capital allowances claimed as tax deduction) and; provide flexibility to taxpayers on the claim […]
For many businesses, their IPs is the main profit driver. This is more prominent in the digital era and economy in nowadays. The IP is amongst the main reasons why some businesses differentiate from the competition or why some products/services are sold at a higher price. IP comes into different forms such as patents, licenses, software and other non-obvious legally protected IPs. Tax considerations are […]
