Recent content by ricky

Sorry... Wrong forum? I would have thought that information on the bank transfers for Cyprus based banks would have been information that was requested not only by myself but also other foreigners with interests currently residing in Cyrus Bank Accounts. An whilst I have asked this same...

Hello, I was hoping someone could please clarify what the bank transfer limits are now for Cyprus without having to receive approval for the inland revenue? Specifically an offshore company which has a bank account in Cyprus (FBME). I know the news seems to change weekly, but I don't have a...

Hello Zqq. The problem is that this seems to be a very grey area and whilst I am indeed seeking new accounts, I am also trying to understand the extents of the law and it's relation to EU matters. I understand a forum to be a melting pot of ideas and queries, so I am wondering if anyone else has...

Hello Admin, Thank you for the reply, but this is not a VAT matter. This has to do with WITHHOLDING TAX. As there is no convention between Portugal and Cyprus for Double Taxation Treaty, there is no exemption for paying Withholding tax in Portugal. This seems to go directly against EU policy...

Hello, I am still having serious problems with the TAX situation between Portugal and Cyprus. Unfortunately our accountants (Portugal) seem to be lost with this so I hope to find definite answers here. This still comes down to the fact that Portugal and Cyprus do not have a Double Taxation...

Thank you for the reply Admin. Do you have any further information with regards to the Double Taxation Treaty between the two countries? Ricky

Hello, I am new to the forum and to business with Cyprus so I hope that you will be able to guide me through some rather confusing situations I have. I have a company in Portugal providing web based services online to various EU/International clients for which I pay 23% VAT to the Portuguese...