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    • B2B Lateral Thinking Solutions
      We are often asked by our clients what the minimum requirements for licensing a self-managed Alternative Investment Fund with Limited Number of Persons (AIFLNP) in Cyprus are in terms of functions and personnel.
    • Jennifer Ebrecht
      The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting hereinafter “MLI”, was developed as part of an ambitious plan named “BEPS” (Base Erosion and Profit Shifting).
    • Gilmour Group CPAs

      On July 18, 2017, the Canadian government proposed tax changes in an effort to remove tax advantages that small business owners have and address aggressive tax planning strategies involving the use of private corporations. These proposed changes are open for discussion until October 2, 2017, before being formally submitted for legislation.
    • Shaomei Chen
      In a decision issued on July 12, 2017 by the Paris Administrative Tribunal, the Court found that Google’s advertising-sales business carried on by Google Ireland, did not have a permanent establishment in France and ruled against the 1.11 billion Euro bill sought by the France’s tax authority for five years of back taxes. This decision, which was ruled based on Ireland-France Tax Treaty (1968) exactly reflects the flaws of the current used permanent establishment concept in OECD Model (2014) on tax on digital economy.
    • Virginia La Torre Jeker J.D.
      What’s a taxpayer to do? As if the US tax rules are not confusing enough, it’s a sad situation when taxpayers cannot rely on information supplied by the Internal Revenue Service (IRS) in the most commonly accessed and user-friendly formats – such as IRS Publications, “Frequently Asked Questions” (FAQs), news releases, videos and the like.
    • IBCF

      In 2016 The Bahamas introduced new record-keeping rules for International Business Companies (IBCs). Under these requirements an authorized signatory of each IBC must submit a written Declaration to its Bahamas Registered Agent confirming that reliable accounting records are being kept and that they will be made available to the registered agent upon request. Beginning this year, a new deadline requires that these documents must be filed with the Security Commission of The Bahamas, with receipt of filing confirmed by the registered agent, by September 30. This will be the new yearly deadline going forward. The deadline was previously December 21.
    • IBCF

      In line with the fourth EU Anti-Money Laundering Directive, Denmark has passed the The Act on Registration of Beneficial Owners. The act requires Danish businesses to disclose information on Beneficial Owners to the Danish Business Authority’s Central Business Register before 1 December 2017.
    • Gilmour Group CPAs

      How does PST work and how is it different from GST?
    • Jennifer Ebrecht
      Successful integration within the analysis of potential value is the key to avoiding risk of Mergers and Acquisition, nowadays these topics are representing a challenge for MNEs.
    • Gabriel Quintanilha
      The Brazilian application to join the OECD was formalized on May 30, 2017 through a letter from the Brazilian government.
    • Dezan Shira & Associates

      Cambodia is strategically positioned within South East Asia. With a major port on the Gulf of Thailand, the country also shares land borders with Thailand, Laos and Vietnam.
    • Dezan Shira & Associates

      In the first half of 2017, the city has attracted US$2.15 billion in foreign direct investment (FDI), double the amount from the same period last year. Major sectors that attracted investments include the processing and manufacturing sector, followed closely by wholesale and retail.
    • Dezan Shira & Associates

      On June 26, India’s Prime Minister Narendra Modi made his first visit to the White House under Donald Trump’s presidency. The Indian government billed the visit as a “no frills” meeting between the two leaders tasked with forging a new relationship predicated on reaffirming economic ties and shared security concerns.
    • Dezan Shira & Associates

      Tax officials in Ho Chi Minh City have sent tax demands to 13,500 Facebook retailers, urging online businesses to declare earnings and submit their taxes. As per the law, online retailers earning more than VND 100 million (US$4,400) a year are required to declare taxes.
    • Gilmour Group CPAs

      A T106 is an annual information return where a corporation reports its non-arm’s length activities with non-residents. Non-arm’s length transactions are generally transactions where the parties are considered to be related.
    • Virginia La Torre Jeker J.D.
      As many of my readers are based in the Gulf and surrounding regions I provide the latest update on the diplomatic crisis with Qatar. It is reproduced from an excellent newsletter summary (June 12) provided by various Gulf-based law offices of Baker and McKenzie. Many of the FAQ’s look extremely helpful.
    • Dezan Shira & Associates

      In India, there are two types of taxes levied by the government: Direct taxes and indirect taxes. Indirect taxes are levies imposed on goods and services, whereas direct taxes are levied on the income and profits of individuals and organizations. Direct taxes are directly paid to the government by the tax payer.
    • Dezan Shira & Associates

      Hong Kong is the nearest major international city to Manila, and just one and half hour away by flight from the Philippine capital. The related sea trade routes, across the South China Sea, are always busy and form part of the China Economic Silk Route.
    • Dezan Shira & Associates

      According to PRC Company Law and other relevant regulations, it is compulsory for all types of Foreign Invested Enterprises (FIEs) in China to comply with statutory annual audit and other compliance processes.
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    Cyprus Self-Managed AIFLNP - How does the Organisational Chart look like? We are often asked by our clients what the minimum requirements for licensing a self-managed Alternative Investment Fund with Limited Number of Persons (AIFLNP) in Cyprus are in terms of functions and personnel.

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