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Non-domicile tax regime in Cyprus: Essential insights for asset managers and entrepreneurs

The “non-domicile” regime has been available to Cyprus tax resident individuals since the 2016 tax year and is based on the combined operation of the Cyprus Income Tax Law, the Special Defence Contribution Law, and the Wills and Succession Law.

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You will be aware from our updates issued on 18 August and, more recently on 20 September, that on 1 January 2023, various significant amendments to the BVI’s Business...
You will be aware from our updates issued on 18 August and, more recently on 20 September, that on 1 January 2023, various significant amendments to the BVI’s Business...
This article broadly discusses the key restructuring tools available in all three jurisdictions and examines, in particular, the broad-based similarities and...
While there has not been the deluge of restructuring deals that insolvency practitioners had predicted as a result of the global pandemic, it is certainly true that the...
The changes proposed in the Cayman Islands’ Companies (amendment) Bill 2021 are likely to have significant consequences for practitioners in the UK. Chai Ridgers, Head...
This article, originally published in INSOL World Quarter 3 2021, picks up on some of the themes discussed in one of the INSOL Virtual 2021 offshore panel discussions,...
Restructuring & Insolvency analysis: A plan within the new English Part 26A of the Companies Act 2006 (CA 2006), implemented by the Corporate Insolvency and Governance...
At its plenary session on 25 February 2021, the Financial Action Task Force (FATF) included the Cayman Islands as a jurisdiction being monitored for the active...
Harneys Partners Peter Ferrer, Claire Goldstein and Jayson Wood are joined by EY Associate Partner Tammy Fu, to discuss the desirability of including a Cayman Islands or...
In June 2020 we alerted clients to the introduction of fines for breaches of the Cayman Islands beneficial ownership reporting requirements.
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