A Special Purpose Acquisition Vehicle (SPAC) can be used for many kinds of deals. SPACs are often compared with an Initial Public Offering (IPO) as both are options for taking a private company public.

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, 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.

RAETI will position itself to exploit an unmet financial need: namely, tax compliant, offshore asset protection for North American clients in the safest international banking haven.

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 […]