Latest press releases and press reports for Finance

The UAE-Cyprus-EU Route
August 28, 2025 1:45:54 PM CEST, Finance, Shanda Consult Ltd

While many UAE free zone and mainland companies serve the wider regional markets or markets in Asia and Africa, a large number of UAE companies are focusing on EU markets, selling goods and services to European clients. Many of those UAE-based businesses use Cyprus subsidiaries as their EU...
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Cyprus Withholding Tax on Transactions to Related Parties
June 5, 2025 3:40:54 PM CEST, Finance, Shanda Consult Ltd

On 10 April 2025, the House of Representatives of the Republic of Cyprus approved a legislative package introducing robust defensive tax measures aimed at counteracting profit shifting to low-tax jurisdictions (LTJs) and jurisdictions listed as non-cooperative by the European Union (blacklisted...
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The Rapid Rise of the Cyprus Startup Ecosystem on a Global Scale
February 11, 2025 2:33:56 PM CET, Finance, Shanda Consult Ltd

Cyprus has solidified its position as a dynamic and rapidly growing startup hub, earning significant global recognition for its innovation and entrepreneurship. At the Startup Ecosystem Awards 2025, organized by StartupBlink, Cyprus was honoured with the “Best Worldwide Climb in the Top 50”...
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Is Bookkeeping Mandatory in UAE Free Zones?
October 2, 2024 8:21:01 AM CEST, Finance, Shanda Consult Ltd

The UAE Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Busi-nesses, published in December 2022, has left many definitions to be clarified through subse-quent Ministerial Decisions. Since then, various decisions and decrees have been released, creating a patchwork of...
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Modest Tax Bills in Cyprus
September 30, 2024 10:27:48 AM CEST, Finance, Shanda Consult Ltd

The Republic of Cyprus is not only one of the safest countries in the world but also an attractive destination for businesses and investors due to its well-designed tax policies.These policies allow individuals, entrepreneurs, and companies to retain a larger portion of their income compared to...
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Spain and Cyprus: Business and Tax | A Comparative Guide
September 23, 2024 3:29:36 PM CEST, Finance, Shanda Consult Ltd

A growing number of Spanish businesses and internation-al investors are benefiting from the business-friendly tax rates and supportive business environment of Cyprus. The increase of Spanish business interest in Cyprus is also supported by the growing number of vacancies for Span-ish-speaking...
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Safe Gold Purchase Advice
September 12, 2024 9:35:22 AM CEST, Finance, Liemeta Me Ltd.

Always ensure your gold is secure and avoid untrustworthy sellers. Here are some straight-forward guidelines on how to start investing in gold. 1. Choose the right gold product for you. 2. Verify your product. The process of buying gold is unregulated but easily navigated with guidance....
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Company Registration in Cyprus
September 10, 2024 11:37:26 AM CEST, Finance, Shanda Consult Ltd

Cyprus is a very business-friendly country, attracting thousands of entrepreneurs every year to set up their business in Cyprus, and often to move to Cyprus themselves. While company registration in Cyprus is not particularly difficult, preliminary consulting is important to avoid mistakes...
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Cyprus International Trusts
August 8, 2024 2:51:46 PM CEST, Finance, Shanda Consult Ltd

The law governing the establishment of trusts in Cyprus is based on the English system. It is a com-bination of the English Principles of Equity and Statue Law. Cyprus International Trusts are regulat-ed by the International Trusts Law 69(I)/1992 as amended by Law 20(I)/2012. What is a Trust?...
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Gold Mining and Trade
August 1, 2024 11:44:19 AM CEST, Finance, Shanda Consult Ltd

With gold well above $2,000/t oz, investors’ demand for investment in gold mining and gold trade increased remarkably. We help you entering this market. Relatively Low-Cost and Low-Risk Gold Mining: Gold Rock Dump Processing and Surface Mining Decades ago, the efficiency of gold...
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Manager Invested Investment Funds
August 1, 2024 11:28:38 AM CEST, Finance, Shanda Consult Ltd

‘Skin in the Game’: Increased Investor Confidence When Fund Managers Are Invested in the Fund That They Manage. Manager-Invested Investment Funds When fund managers invest in the investment fund they are managing, the managers’ inter-est is largely aligned with interest of investors. This...
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Investing in Distressed Real Estate Property in Dubai
August 1, 2024 10:43:05 AM CEST, Finance, Shanda Consult Ltd

Continuously increasing demand in real estate property of all categories provides investors with remarkable annual gains since years. Apartment prices in Dubai surged by 19.83% (16.04% inflation-adjusted) during 2023, more than twice the prior year’s 8.98% growth. Villa prices in Dubai...
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The Notional Interest Deduction Cyprus
July 31, 2024 3:11:25 PM CEST, Finance, Shanda Consult Ltd

Financing investments with equity: Corporate tax on interest income reduced up to 80%, resulting in effective taxation of 2,5%. The Notional Interest Deduction on Cyprus Companies has received a positive endorsement by the EU. On November 27, 2020, the Economic and Financial Affairs Council...
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Intersting facts about Gold
July 30, 2024 11:59:05 AM CEST, Finance, Liemeta Me Ltd.

Gold has been a part of human history for centuries. From jewellery to coins, Egyptians to the modern day, it has been a highly sought precious metal. There are many reasons why gold has been so treasured over the years. Following some interesting facts about gold that you might not have known....
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Gold and Politics
July 23, 2024 9:07:55 AM CEST, Finance, Liemeta Me Ltd.

Gold prices moved little in Asian trade on Tuesday, hovering around 11-day lows as traders sought more clarity on U.S. politics and monetary policy, especially ahead of a Federal Reserve meeting next week. Among industrial metals, copper prices fell on Tuesday, extending steep losses in recent...
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Mid-year 2024 Gold updates
July 11, 2024 9:53:20 AM CEST, Finance, Liemeta Me Ltd.

Gold has performed remarkably well in 2024, rising by 12% y-t-d and outpacing most major asset classes. Gold has thus far benefitted from continued central bank buying, Asian investment flows, resilient consumer demand, and a steady drumbeat of geopolitical uncertainty. Therefore, the key...
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Commodities/Inflation
June 27, 2024 11:44:11 AM CEST, Finance, Liemeta Me Ltd.

Investors are alert to US inflation risks as corporate earnings exceed expectations, the US persistently runs large budget deficits, and because of the opportunity for inflationary policies following the presidential election in November. Commodities have demonstrated strong resilience in the...
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Gold-May 2024
June 13, 2024 11:01:55 AM CEST, Finance, Liemeta Me Ltd.

Gold posted a third consecutive monthly gain in May, rising by 2% m/m to US$2,348/oz. De-spite the more moderate gain compared to March and April, gold hit a new all-time high of US$2,427/oz mid-month before pulling back, likely reflecting some profit taking. But market activity remained...
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Gold surpasses Euro
June 5, 2024 8:41:24 AM CEST, Finance, Liemeta Me Ltd.

Gold surpasses Euro in global international reserves. Since 2009, strong central bank gold purchases and a rising gold price have increased the precious metal’s proportion in worldwide foreign reserves at the expense of fiat currencies. By the end of 2023, gold has eclipsed the euro, with the...
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Gold versus interest Rates
May 29, 2024 8:19:04 AM CEST, Finance, Liemeta Me Ltd.

Uncertainty around interest rates and geopolitical stability make demand for gold rise and more traders turning to safe haven assets. April average daily volume for Micro Gold and Micro Silver futures increased 119% and 162% month over month. These days it seems nothing can stop gold, not...
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