Hermes Bank in Saint Lucia is Undergoing Liquidation
The international bank Hermes Bank Limited, based in Saint Lucia, is currently (as of April 2026) in the process of compulsory liquidation. The proceedings were initiated in 2025 by the […]
Blog and Resources
Financial Reporting, Audit, and Tax Reporting for Companies in Cyprus
Company registration in Cyprus entails a number of administrative obligations for its directors and owners. The lawful existence of a Cypriot company, regardless of the nature and scale of its
Staying Outside the UAE for Over 6 Months: How to Prevent Visa Cancellation
An UAE residence visa grants the right to enter the country freely for living, working, and conducting business. However, staying outside the UAE for an extended period (more than 180
Value Added Tax (VAT) in Cyprus
The correct application of VAT becomes particularly important when Cypriot companies are actively used in cross-border trade in goods and services, as well as in business structuring. A clear understanding
FZE, FZ-LLC or FZCO in the UAE: Key Differences and Choosing the Legal Form
When registering a company in one of the UAE free zones, entrepreneurs encounter various abbreviations used in company names to indicate their legal forms. What information do these endings convey,
Automatic Exchange of Financial Account Information in the UAE
Automatic Exchange is a global network for sharing financial account information between the tax authorities of different jurisdictions. This overview explains who is affected, how the process works, and the
BVI Company Beneficial Owners Can Protect Their Data from Disclosure
Starting 1 April 2026, the British Virgin Islands (BVI) Registrar of Corporate Affairs will begin providing information regarding the beneficial owners of BVI companies upon request to any persons demonstrating
Panama: Accounting Record Obligations Deadline for Companies 2026
Panamanian legal entities operating outside of Panama must submit annual financial reports by 30 April 2026. They must also confirm the physical address where their accounting records are kept. Reporting
UAE temporarily allows entry for residents with expired visas
The United Arab Emirates has announced a temporary easing of entry requirements for residents currently staying outside the country. Entry to the UAE with an Expired Residency Visa The UAE
What is the Cost of Setting Up a Company in the UAE?
Setting up a company in the UAE is a strategic and promising decision for many entrepreneurs who seek to expand their business and enter new markets. Apart from taking into