Bank of Cyprus finally recapitalised

Today The Central Bank of Cyprus and The Ministry of Finance and announced that the Bank of Cyprus has been fully recapitalised by the overall conversion of 47,5% of uninsured deposits into shares in the Bank of Cyprus.

Arlington Corporate becomes a member of the prestigious Association of Company Registration Agents

Thursday, 30 May, London: Arlington Corporate and Trust Services, an independent onshore and offshore company formation and administration service provider, has joined the Association of Company Registration Agents (ACRA), the only trade association for the company registration industry, recognised by various government departments including Companies House, HM Treasury and HMRC. ACRA membership base accounts for…

Malta and Russia sign new double taxation agreement

The governments of Russian Federation and Malta have signed the Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The Agreement and the related Protocol were signed on April 24, 2013 at the Ministry of Finance by the Ambassador of Malta to the RF, Raymond…

Cayman Islands Lose Some of Their Appeal for US Savers

What can you do with three tiny islands in the Caribbean Sea, covering a total of just 102 square miles (264sq.km.); a population which would fit into the 60,000-seater Emirates Stadium in London with room to spare; and where the only tourist attractions are swimming and scuba diving among stingrays? The answer, of course, has…