Dear Friends & Associates,
We are happy to announce that despite the recent complications that the world is facing due to the global pandemic of COVID-19, our law firm C.SAMIR & CO. LLC has been recommended by 2020 edition of The Legal 500 Europe, Middle East and Africa in the practice area of Employment Law as a leading firm.
We are also excited to announce that only one lawyer in Cyprus is recommended within The Legal 500 Europe, Middle East & Africa 2020, and our Founder & CEO Mr. Charalambos Samir has been recommended as Employment Law expert.
For 33 years, The Legal 500 has been analysing the capabilities of law firms across the world, with a comprehensive research programme revised and updated every year to bring the most up-to-date vision of the global legal market and assesses the strengths of law firms in over 150 jurisdictions.
We encourage you to visit Legal 500 rankings by following the below link.
C.SAMIR & CO. LLCWe would like to sincerely thank our colleagues for their dedication and hard work as well as our clients and associates worldwide for their continuous support and trust in C. Samir & Co. LLC. We promise to continue enhancing our services and deliver the best possible results!
Proud Member of THE SAMIR GROUP.
The BVI Business Companies Act (Amendment of Schedule 1) (No. 2) Order, 2016 and the BVI Business Companies Act (Amendment of Schedules) Order, 2017 have revised the fees that the BVI Registry charges.
Earlier this week, the Cyprus government has further relaxed the criteria for foreigners who wish to acquire the Cyprus citizenship.
We inform you that some changes have been made to both the BVI Anti-Money Laundering legislation and the BVI Business Companies Act, that will affect the corporate procedures in 2016, and we are now required to undertake on your portfolio to ensure we are compliant with these new requirements.
On 30 October 2015, the Cyprus Tax Authorities issued a circular in relation to the introduction of a tax residency form (Form T.D.98) for the purpose of issuing a tax residency certificate to legal persons.
As a result of the 2012 amendments to the Mutual Legal Assistance (Tax Matters) Act, 2003 and the Partnership Act, 1996 (the “2012 Amendments”), all companies and limited partnerships registered in the BVI are now required to maintain “records and underlying documentation” and to keep such records and underlying documentation for a minimum of five (5) years.
Taxpayers must submit a temporary tax return (Form I.R.6 for legal persons and Form I.R.5 for self-employed individuals, attached for reference) before the 31st of July of each year based on the estimated current year’s taxable income and pay the equivalent temporary tax.
The Partnership and Business Names (Amendment) Law, Law 54(I) of 2011 introduces new provisions to the Partnership and Business Names Law, Cap.