Press kit of Shanda Consult Ltd

Hong Kong has been ranked as the second most competitive economy in the world by the IMD, International Institute for Management Development in its World Competitiveness Ranking 2018. 63 countries have been assessed for the purpose of the study based on the following four competitiveness...

Due to the mounting criticism of foreign countries, Cyprus has tightened its vetting process in its Citizenship by investment scheme. After the changes, the scheme applicants will be subjected to more rigorous vetting procedures and enhanced due diligence. Finance Minister, Mr Harris...

During the first quarter of 2018, the economy of Cyprus rose by 0,8%, compared with Q1 of the previous year. The European Bank for Reconstruction and Development readjusted its forecast for the economic growth of Cyprus in 2018 from 2,5% to 3,2%, while the European Commission estimates 3,6%....

The law governing the establishment of trusts in Cyprus is based on the English system. It is a combination of the English Principles of Equity and Statue Law. Cyprus International Trusts are regulated by the International Trusts Law 69(I)/1992 as amended by Law 20(I)/2012. What is a trust?...

The number of new Cyprus company registrations continues to rise in 2018. According to the Registrar of Companies the number of new Cyprus company registration rose 16 percent in April to 1,168 compared to the previous year. In the first quarter of 2018 the total number of new Cyprus company...

The World Gold Council today launched a one-off essay collection, Gold 2048, bringing together industry-leading experts from across the globe to analyse how the gold market is set to evolve in the next 30 years. Key conclusions emerging from authors such as George Magnus, senior...

Insuring our valuables and the precious things that we have is essential. If you own physical gold, silver or other precious metals, you would not like to risk loss of a part of your wealth. But are you sure that the insurance of your gold and silver really provides full coverage, full in terms...

Unallocated gold storage allocated gold storage, segregated gold storage or allocated and segregated gold storage – these terms describe the form of storage and the legal relation of a gold owner with his or her physical gold purchased and stored. The same terms are of course also used for...

According to Lebanon’s Central Bank or Banque du Liban (BDL)’s balance sheet, total assets of the bank reached $118.3 billion at the end of 2017, rising by $15.9 billion which is 16% increase compared with the previous year. Moreover, the securities’ portfolio of the Central Bank increased by...

Cyprus Notional Tax Deduction (NID) is a deduction against taxable profit calculated by applying a “reference interest rate” to new equity injected into companies and used by companies for the performance of its activities under certain conditions and constraints.The notional tax deduction in...