How to ensure creditor protection in Cyprus Banking and Finance How to ensure creditor protection in Cyprus Link This guide outlines the many ways in which under Cypriot law businesses can protect their interests in their commercial dealings.
Anguilla snapshot: options and advantages Anguilla snapshot: options and advantages Link Anguillan law is a unique blend of throwback 1980s and forward thinking structures – Anguilla LLCs have been around since 2000 and have found a niche market in the North American private equity field.
BVI Court protects basic rights of persons subject to tax investigations Litigation, Insolvency and Restructuring BVI Court protects basic rights of persons subject to tax investigations Link In Quiver Inc. & Friar Tuck Limited v International Tax Authority the BVI Court confirmed that public bodies must strike a balance when discharging their international obligations in the mutual exchange of information.
Cayman Islands Beneficial Ownership Regime: Some out of scope companies now in scope Investment Funds Cayman Islands Beneficial Ownership Regime: Some out of scope companies now in scope Link The Cayman Islands have recently amended the beneficial ownership register regime for Cayman Islands companies and LLCs, refining the regime that was introduced in July 2017, meaning that some previously out of scope companies must now maintain a register, among other things.
Judges lead the way on cross-border insolvency initiatives Litigation, Insolvency and Restructuring Judges lead the way on cross-border insolvency initiatives Link The new Guidelines are a practical code to enhance some of the most successful cross-border initiatives of recent years and are likely to bring such disputes before the Courts at an earlier stage, which may well promote the culture of cooperation envisaged by the drafters.
Cyprus signs double tax treaty with Luxembourg Regulatory and Tax Cyprus signs double tax treaty with Luxembourg Link After ten years of negotiations Luxembourg and Cyprus signed their first Double Tax Treaty on 8 May 2017. The Treaty is pending ratification by both contracting states. Should it be ratified by both parties before the end of 2017, the Treaty will take full effect on 1 January 2018.
