eur1 certificate

EUR1 Certificate

INTRODUCTION: A EUR1 certificate, also known as a Movement Certificate EUR.1, is a document that is used in international trade to certify that goods being exported from one country to another are eligible for preferential tariff treatment, such as lower tariffs, under the terms of a trade agreement between the two countries. It is proof…

how to setup investment fund

How to setup Investment Fund in Cyprus

IntroductionAn Investment Fund can be defined as a collective investment undertaking raising external capital from a number of investors with a view and purpose of investing it in accordance with a defined investment policy for the benefit of those investors.Procedure Initially the establishment and incorporation of a Cyprus company is required in order to obtain…

dac6

What is the importance of DAC6?

What is the importance of DAC6? In May 2018 the EU Council Directive 2018/822/EU has amended the Directive 2011/16 on mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (hereinafter the “DAC6”). The DAC6 can be seen as a highly important amendment after the Common Reporting Standards (CRS),…