Midland Consult (Cyprus)

Licensed and duly regulated by Cyprus Securities and Exchange Commission (CySEC ) as Adminstrative Service Provider (ASP) and has a License number 49/196 for a provision of all administrative services under Cyprus Law: ASP Law 196(I)/2012, including the management or directing of trusts (section 4(1)(a) of the Law), the undertaking or provision of the service of managing companies (section 4(1)(b)(i)-(b)(vii) of the Law). Midland Consult (Cyprus) Limited is a proud member of Cyprus Fiduciary Association (CFA) — a professional association of the leading Cyprus fiduciary and company management firms.

Cyprus in International Tax Planning

Prior to its accession to the European Union on May 01, 2004, Cyprus has reformed its tax system by removing the label of an "offshore centre" and of a "tax haven". Nowadays Cyprus prides itself as an International Financial Centre fully compliant with EU laws and Directives, FATF, the Code of Conduct of the OECD on harmful tax practices, AML Regualtions. The new tax regime which became effective from 1 January 2013, provides for a 12,5% Corporation tax for all companies registered in Cyprus, which is still one of the lowest in the European Union. This regime, coupled with an extensive network of favorable double tax treaties, enabled Cyprus to develop into one of the most successful International, financial and commercial centres in Europe.

News

27 October 2017

In a recent speech, the EC President Jean-Claude Juncker called for a strengthening of the EU, increasing its effectiveness despite the most serious challenges. In his opinion, there is good ground for this: the economic situation has improved, there is growth observed in all the member states, while the unemployment rates are at a nine-year low.

04 October 2017

The US Congress recently passed a law on the temporary increase of the national debt threshold. The new limit will allow public institutions to work only until December 8, while the Congress is working on the federal budget for 2018. In September, for the first time in history, the US public debt crossed the mark of USD 20 trillion.

Midland Group

Midland Consult (Cyprus) LTD
Кипр
Midland Consult
(Hong Kong) Limited

Гонконг
Midland Trust Limited
Британские Виргинские острова
Midland
Counselors at Law
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