Also in the news...
Lord Green writes about his first visit to Burma
Her Majesty's Passport Office is advising customers to avoid copycat websites and save themselves money by coming to the agency directly.
A new World Intellectual Property Organisation (WIPO) treaty which includes new standards for the protection of audiovisual performances has been signed by the UK today
Vince Cable announces that he is setting up the Automotive Investment Organisation to be led by Joe Greenwell, the former Chairman of Ford.
Michael Fallon has announced the creation of an Offshore Wind Investment Organisation (OWIO) to boost levels of inward investment and to further stimulate jobs in the UK offshore wind industry
Doing Business In Cyprus 2010
The accounting, the banking, legal, and tourism sectors, have made Cyprus a reputable international business centre.
Furthermore, Cyprus offers many tax incentives, including, as previously mentioned, a low corporation tax rate of 10%, no withholding tax on dividend payments to non-resident shareholders, no withholding tax on royalty payments to non- resident recipients when the right or asset giving rise to the royalty is used outside Cyprus, no withholding tax on payments of interest to non-resident recipients, no corporation tax on profits of the Cypriot companys permanent establishment abroad, no capital gains tax on the profits from the sale of the Cypriot companys foreign immovable property, no capital gains tax on profits from the disposal of securities, and more.