News

May 21, 2020

The European Commission steps up fight against money laundering and terrorist financing

The Commission has published a comprehensive Action Plan on its official website, which sets out concrete measures on combating money laundering and terrorist financing.

May 18, 2020

CRS and FATCA: extension of reporting deadlines

In 2020, the deadlines for submitting financial statements in accordance with CRS and FATCA standards has changed.

May 08, 2020

CySec: Changes of the Due Date for Some Obligations in Cyprus

The financial regulatory agency of Cyprus (CySec) has changed some due date obligations for issuers, providers and funds: The due date for the obligation of issuers to publicise the annual financial statements for 2019, is postponed for the 30 of June 2020. The due date for [...]

April 30, 2020

Communication tools with Korpus Prava specialists

Currently, when most of us work remotely, we would like to inform you once again that all specialists of Korpus Prava remain in touch.

April 15, 2020

Professional consulting support of our specialists

Taking into account the current situation, our clients have a lot of different issues that require professional consulting support on-line.

April 13, 2020

Communication tools with Korpus Prava specialists

Currently, when most of us work remotely, we would like to inform you once again that all specialists of Korpus Prava remain in touch.

March 17, 2020

The Concept of Tax Monitoring Development Was Approved

The Russian government has approved the concept of developing a tax monitoring system.

March 03, 2020

Antitrust Compliance in Russia

On March 1, 2020, the President of the Russian Federation signed the Federal law "On Antimonopoly compliance", which provides for amendments to law No. 135-FZ "On protection of competition".

February 17, 2020

OECD has published a consultation document on the review of Country-by-Country Reporting

OECD released public consultation document that is based upon the mandate set out in the BEPS Action 13 report, and focuses on issues concerning the use of CbC reports by tax administrations for the purposes of a high level transfer pricing risk assessment. The public consultation document [...]

January 24, 2020

Professional Tax – new tax for Cyprus companies

At the end of 2019 Cyprus municipalities introduced a new tax for Cyprus companies called Professional Tax.

December 18, 2019

New penalties for late submission of HE32

As we reported earlier, the Cyprus Registrar of Companies has introduced new penalties for the late submission of the Company Annual Return (HE32), effective from the 18th of December 2019. Please note that the deadline for submission of Company Annual Return (HE32) was extended until A [...]

December 04, 2019

Seminar “Cyprus-Russia” was held on November 28 in Limassol

Last week in Cyprus was held a seminar "Cyprus today: is the harbor safe in an era of global economic climate change".

December 03, 2019

Happy Lawyer’s Day!

December 3 is the lawyer's day in Russia. Congratulations to our colleagues on their professional holiday!

November 28, 2019

Corporate changes on Cyprus

As of 18/12/2019, further penalties shall apply with regards to the submission of the following Notices to the Department of Registrar of Companies and Official Receiver: Notice of change of Registered Address (HE 2): Every submission beyond the time-frame prescribed by t [...]

May 15, 2019

On 13-14 of May in Cyprus took place The 5th BEST INVEST Congress

On Tuesday, May 14 was the 2nd and final day of the investment Congress BEST INVEST 2019, dedicated to investment issues, and also to Russian-Cyprus cooperation. On May 13, a seminar on the problems and opportunities of doing business in Cyprus and Russia was held within the framework of th [...]

April 23, 2019

As part of AI’s 2019 Leading Adviser Awards Korpus Prava has been recognised as Leading International Tax Planning Lawyer of the Year in Russia

In 2019 Korpus Prava was recognized as a Leading Law Firm in the field of International Tax Planning in Russia.

March 04, 2019

Korpus Prava has been chosen as a winner at the category – Corporate Law Firm of the Year in Russia – 2019

Korpus Prava has become a winner at the category - Corporate Law Firm of the Year in Russia.

February 24, 2019

Amendments to Cyprus Company Law

The Cyprus Department of Registrar of Companies and Official Receiver (ROC) announced amendments to the Cyprus Company Law.