Why Choose SPACs as a Way to Grow? PUBLISHED ON 05/03/2020
Growing a company usually means the need to attract fresh capital. A Special Purpose Acquisition Company (SPAC) isn’t a new way to reach public markets, but it is seeing a resurgence in its popularity.
Nicosia Number One PUBLISHED ON 21/02/2020
Nicosia, the capital of the Republic of Cyprus, has been ranked Number One of small cities for Human Capital and Lifestyle 2020/2021 by Financial Times – fDi Intelligence.
Cyprus Ratifies MLI PUBLISHED ON 29/01/2020
Cyprus: Companies Need Sufficient Substance to Avoid Cross-Border Tax Issues As from 1 January 2021, Cyprus will apply the “Principal Purpose Rule” (PPT) and the “Limitation of Benefit Clause (LoB; simplified or detailed) in respect of tax treatment of related to cross-border profit transfers. In short; if a Cyprus company’s principle (or main) purpose is […]
SPACs Hit Record in 2019 PUBLISHED ON 14/01/2020
Special Purpose Acquisition Companies (SPACs) aren’t new, but they are coming back in a big way. SPACs offer an alternative to a traditional Initial Public Offering (IPO). Instead of being underwritten by a major investment bank, a SPAC allows a company to go public by using an already listed SPAC and a reverse merger.