Midland Consult (Cyprus)

Duly regulated by the Institute of Certified Public Accountants of Cyprus (ICPAC) and authorized   for a provision of  company registration and administrative services under Cyprus 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 European and International Business

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

23 May 2019

The sharp decline in the registration of new firms in Cyprus is a matter of serious concern, while at the same time there are signs of an uncontrolled exodus of the Cyprus-registered companies from the island. This was observed by the President of the Cyprus Fiduciary Association (CFA) Christos Michael.

14 May 2019

The Assistant Secretary for Terrorist Financing in the US Department of the Treasury Marshall Billingsley, who visited Cyprus last month, concluded that the Republic “has done a great job in...