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Originally Posted by Admin

With the recent high demand of establishing Forex Trading companies for the purpose of trading currencies on behalf of a small, medium or even public unnumbered sum of investor(s) group(s), we feel it is time to outline a few things for the many people and businesses interested in the obtaining of a valid Forex Trading License rather called CIF license in Cyprus, and, Mutual Fund License in the Seychelles.

Some of the most frequently asked questions are:
What is the required

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Originally Posted by Admin

This was applicable in 2003 when our Tax law changed at that time. What is applicable today is the following:

We have 2 types of Cyprus companies, as far as their tax status is concerned. These are:

(a) A Cyprus resident company which is taxed at 10% on its profits.

(b) A Cyprus non-resident company which is not taxed.

The place where management and control of the company is exercised determines the residence status of the company. If the majority

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