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When businesses are not profitable for extended periods of time or face challenging market conditions, owners may be forced to go into bankruptcy or carry out a restructure strategy. Even if it seems like your business is doing well, it’s important to know what the biggest causes of business bankruptcy are and be prepared for...

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At this point, the pandemic is having a profound impact on businesses around the world. Almost every type of business and sector has been disrupted, from retail and hospitality to supply chains and financial markets. Things do not look like they did one year ago, and are likely to look different in the coming months,...

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Do you need to split bills with your friends and family, send money across the world using different currencies, or make an instant payment? Sending and receiving money online via money transfer apps has never been easier. With so many apps to choose from, we present some of the best money transfer providers, including Revolut,...

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Like all EU member countries, Cyprus follows the European VAT Directive which sets the rules for VAT registration, compliance, rates, returns and related filings. If you are either a sole trader or limited company looking to get a better understanding of all things VAT, keep reading. We will take you through some of the most...

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If you always fantasized about moving abroad and living the life of your dreams, we have 4 great reasons why you should really consider Cyprus – an independent island located in the Easter Mediterranean Sea that’s famous for its sandy beaches, exceptional lifestyle, delicious food, all-year round sunny weather and relatively low cost of living. ...

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Individuals who are planning to relocate or move their personal tax residency to Cyprus will find that there are significant financial advantages. As with any type of wealth plan, the starting point is understanding the rules and then establishing how you can use them to your advantage, so let’s explore some of the key financial...

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Cyprus, a member of the European Union, is not only a great destination for holidays, but also a great place to set up a business. It might be amongst the smallest countries in the world, but it offers a variety of business opportunities to both foreigners and locals. Here are five reasons why you should...

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