Archive
“Cyprus: a vehicle for international transactions and investments”
Sorry, not quite that David James speaking here...
Conference
“Cyprus: a vehicle for international transactions and investments”
Intercontinental Hotel, Emilii Platter 49, Warsaw
16 June 2011, 8.00am – 11.00am
(Language: English)
This event is aimed at introducing Cyprus companies as vehicles for international transactions and investments covering the key requirements applied by the authorities and the banking system in Cyprus and Poland.
The event is addressed to Owners, Chief Executives, Financial Executives and Board Members of companies with international perspectives.
Experienced professionals and speakers of Baker Tilly Poland and Baker Tilly Klitou of Cyprus will be presenting a range of topics, suggesting practical solutions and sharing their experience. A Q&A session before the close of the event will give participants the opportunity to talk directly with our speakers in order to raise their queries or obtain additional information.
| Programme: |
8.00 – 8.35 am - Business breakfast
8.35 – 8.40 am - Welcome address
David James, International Liaison Partner, Baker Tilly Poland
8.40 – 8.55 am - “Cyprus transactions: Polish taxation”
Steven Foster, Baker Tilly Poland
8.55 – 9.10 am - “Cyprus: an attractive investment and business destination”
Marios Klitou, CEO of Baker Tilly Klitou
9.10 – 9.25 am - “IFRS Regulations in Cyprus”
Christodoulos Loulloupis, Director, Audit Services, Baker Tilly Klitou
9.25 – 9.40 am - “Tax in Cyprus and structuring ideas”
Therapon Mafkas, Director, Tax Services, Baker Tilly Klitou
9.40 – 9.55 am - “Collective Investment Schemes”
Chris Koutouroushis, General Manager, Bizserve Consultants Ltd
9.55 – 10.10 am - Presentation from a Cyprus bank on “International Banking in Cyprus”
10.10 – 10.25 am - “Polish-Cypriot success stories – Enhancing investment opportunities”
David James, International Liaison Partner, Baker Tilly Poland
10.25 – 10.55 am - Questions & Answers
11.00 am - Close of Conference
In order to obtain your free registration, please contact mjaniga@bakertillypoland.eu by Wednesday, 8th June 2011. If demand exceeds space available, registration will be first come, first served.
We look forward to seeing you at the Conference!
Related articles
- Why Buy A Property In Cyprus Is A Good Idea For You? (propertiesincyprus.wordpress.com)
- How To Get A Property In Cyprus To Live? (propertiesincyprus.wordpress.com)
- What a beautiful country – Cyprus, Cyprus (travelpod.com)
- Sunday after Easter flying to Cyprus again. – Larnaca, Cyprus (travelpod.com)
- Bank of Cyprus: Disagrees With Fitch Downgrade Of Cyprus Debt (forexlive.com)
Which Set of Laws to Use in Real Estate Transactions?
Some international real estate, yesterday
This morning on social media I added the following to a discussion on the above question. Some others had given similar answers, but there were other divergent answers.
The most important jurisdiction is where the property in question is physically located. This determines whether the mortgages or charges which the lender will wish to place on the property are properly drawn up and registered.
Let’s imagine a scenario where an inhabitant of country A buys a building in country B and receives a loan to do so from country C. If Country B has law that says a resident of country A needs a permit to buy property from country B, and the person from A has bought without the permit, then in that scenario any rights that the buyer has granted the lender will automatically also not be enfoceable on the property.
Which doesn’t mean that I can’t use Country C law for the loan contract – probably you can, but in a way that also takes account of the risks and vagaries of the law in country B and also maybe even Country A.
For these things you need firms of real estate lawyers and tax accountants that are international. Not just networks, but firms where the people putting the deal together include experts from the different countries involved working in each other’s offices or working together so closely and regularly, that they may as well be in each others’ offices. Good professional international communication is the key to success in these cases, and not every firm seems able to deliver it.
Tax is also a consideration, but most of all you have to make sure that you are compliant with the laws of the place the property is. The worst things that can go wrong will go wrong if that isn’t sorted out first and foremost.
Related articles
- Daily Stock Theme: UK real estate companies – zombies or sleeping giants? (tradingfloor.com)
- Tips for Selecting a Real Estate Lawyer (socyberty.com)
Something to think about
I think I’ll let the map speak for itself. It was the main story in the weekend edition of Rzeczpospolita newspaper.
CTP eNEWS – CTP 2010 financial results
Brno as seen from the Spielberk
CTP sent the following newsletter about their company, which I understand to be available for further distribution and you may be interested in some of their deveopments for leased space around this region. The flagship seems to be the Spielberk Office Centre in Brno. I have a full colour brochure in print about that development, which you’d be able to get direct from CTP if you’re looking for space in Brno.
If you’re looking for office space in Warsaw, I recommend you contact our real estate team directly on realestate@quoracy.com , which is also the address to use if you want us to showcase any of your property developments for business users around C&E Europe. I am happy to pdf-cast without fee as long as the size and frequency is not excessive, and the development likely to be of interest to our readers.
Welcome to CTP eNEWS, our way of informing you about CTP’s most current events.
We hope you enjoy eNEWS and we would be more than happy to answer any questions or listen to your comments regarding our publication.
If you know of anyone who would like to receive CTP eNEWS, please send us their contact information and we will be happy to add them to our publication list.
Thank you and have a great day!
CTP
Central Trade Park D1 1571
396 01 Humpolec, Czech Republic
Tel: 420 565 535 565
Fax: 420 565 533 501
Email: eNEWS
CTP eNEWS 2010 financial results.pdf
Related Articles
- PowerPivot for Excel 2010 November CTP Expired (radekle.wordpress.com)
Breaking European News
- Apple chief defends tax practices May 21, 2013Tim Cook, Apple chief executive, defended the technology group’s tax practices and denied it was engaged in massive tax avoidance schemes
- Dimon victory despite investor backlash May 21, 2013Investors targeted their disapproval at the bank’s independent directors in an unusually large vote against the re-election of Ellen Futter, David Cote and James Crown
- Fiat Industrial to move tax home to UK May 21, 2013Blow to Italy underlines the attractiveness of the UK’s increasingly light corporate tax regime
Business News from Poland
- Net financial result of enterprises down by 21% in 2012 March 21, 2013In 2012 the net financial result of non-financial enterprises employing 50 or more people amounted to just over PLN 82.1bn (approx. €19.6bn), which represents a decrease ...
- Bayer launches BPO centre in Gdansk March 19, 2013Bayer, the German pharmaceutical group, on 19 March officially inaugurated a business process outsourcing (BPO) centre in Gdansk. The facility will provide finance and accounting ...
- Clariant building new plant in Lodz area March 14, 2013Clariant, a global maker of innovative specialty chemicals, has initiated the construction of a factory of masterbatches (colouring concentrates for plastics) in Konstantynow Lodzki near ...
Prague Monitor – News from Czech Republic
- IMF recommends ČR reduces budget cuts ČTK The Czech Republic should not make further budget cuts with the current worse-than-expected economic development, Masanori Yoshida, the head of the International Monetary Fund (IMF) mission, said at yesterday's press conference after the regular mission.
- ČR to push for cut in subsidies to renewables at EU summit ČTK Prime Minister Petr Nečas said yesterday he wants to push for reduction of subsidies to renewable energy sources rather than for creation of new ones at the European Union summit to be held on Wednesday.
- NGO criticises ČR for lack of social housingČTK The Social Watch international coalition has criticised the Czech Republic for the lack of social housing in its report for 2012 that the organisation's representatives presented in Prague yesterday.
Business Strategy and Governance News
- IDC Brief: Cloud Computing in the Midmarket : Assessing the Options October 15, 2010You may be looking at cloud computing as a means to access IT resources that may not be affordable otherwise. Cloud solution options include public, private and hybrid models each of which offers its own benefits, cost model and risks. Read this analyst brief from IDC to learn about each of these models and discover how your organization can take advantage o […]
- IBM Cloud computing channel October 15, 2010Visit the IBM Cloud Computing channel for insight into the cloud computing world from IBM. View IBM customers explaining their experience with IBM cloud solutions. See IBM experts explain cloud computing technology and how IBM can help build successful cloud solutions.
- From Crisis to Control: Full Command of the Financial Close October 15, 2010Automation can transform your financial close process from chaos to control, from a tactical obligation to a foundation for strategic financial decisions and leadership. Significant quantitative and qualitative benefits can be realized through an automated system that can serve as a unified platform for the efficient production of your financial information.
World of Quoracy.com
Polish Zloty Rates
- Tabela nr 097/A/NBP/2013 z dnia 2013-05-21 May 21, 2013Tabela A kursów średnich Wybrane kursy średnie: 1 EUR =4,1820 1 USD =3,2490 1 CHF =3,3570 1 GBP =4,9328 100 JPY =3,1611
- Tabela nr 096/A/NBP/2013 z dnia 2013-05-20 May 20, 2013Tabela A kursów średnich Wybrane kursy średnie: 1 EUR =4,1683 1 USD =3,2380 1 CHF =3,3457 1 GBP =4,9236 100 JPY =3,1574
- Tabela nr 095/A/NBP/2013 z dnia 2013-05-17 May 17, 2013Tabela A kursów średnich Wybrane kursy średnie: 1 EUR =4,1834 1 USD =3,2520 1 CHF =3,3633 1 GBP =4,9516 100 JPY =3,1688
Dziennik Internautow (An Internet News Digest in Polish)
- Polskie łaziki marsjańskie staną do zawodów w USA - zobacz, jak wyglądają i co potrafią May 21, 2013Na przełomie maja i czerwca łaziki zbudowane przez studentów z Rzeszowa, Białegostoku i Wrocławia wezmą udział w międzynarodowych zawodach University Rover Challenge rozgrywanych na pustyni w amerykańskim stanie Utah. Sam oceń, czy któryś z nich ma szansę na wygraną.Anna Wasilewska-Śpioch
- Drukarka 3D zrobi jedzenie? NASA tego chce - wideo May 21, 2013Robienie jedzenia drukarką 3D nie wydaje się apetyczne, ale może być efektywne i może nawet rozwiązać problem głodu na świecie. Taka drukarka może powstać m.in. dzięki pieniądzom NASA.Marcin Maj
- Polski wynalazek dla cukrzyków zyskuje wsparcie internautów May 21, 2013Opaska na rękę, która może ratować życie chorym na cukrzycę, może powstać dzięki internetowej zbiórce pieniędzy. Kilkadziesiąt osób już zadeklarowało przekazanie na projekt ponad 10 tys. zł.Marcin Maj
