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
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
Company Forum 2008 - 2013 (c) CCLOGIC Ltd