Tag: financial news

Budget 2020

Summary of Budget 2020

Summary of Budget 2020 On the 8th of October, Minister for Finance Paschal Donohue released his third budget as a minister. There have been tax and spending changes, as well as a significant fund put aside in the event of a hard No-Deal Brexit. In general, there were no great […]

Trust and Company Service Providers

Trust and Company Service Providers

Trust and Company Service Providers Firstly, Trust and Company Service Providers, also known as TCSPs, are any person or company, in short that provides the following services: The formation of companies and/or other corporate bodies Someone who acts as a Director or Secretary of a company which is under an […]

Two Tier VAT Registration

Two Tier VAT Registration Announced by Irish Revenue

Two Tier VAT Registration Announced by Irish Revenue It has been announced that Irish Revenue is developing a two-tier VAT registration system for separate domestic and EU VAT registration. Under the new system, a company may apply for an ‘intra-EU’ or a ‘domestic-only’ registration. This change will apply to those […]

Technology

Why you should Consider an Irish Holding Company

Why you should Consider an Irish Holding Company Firstly, why you should consider an Irish Holding company is that Ireland is the EU’s prime location for setting up a holding company. Secondly, over the last few decades, many hugely successful companies such as Apple, Intel, Pfizer, Facebook and Google, to […]

6 Reasons to Outsource your Financial Statements

6 Reasons to Outsource your Financial Statements

6 Reasons to Outsource your Financial Statements Firstly, financial Statements are a very important document that interested stakeholders, customers, investors, leaders and prospects view your organisation. Well-presented financial statements give assurance to stakeholders of the level of professionalism in your organisation. Especially when it comes to corporate governance and financial […]

City Trust Branching out

City Trust Branching out to Russia & Central Eastern Europe

City Trust is branching out as it launches the Russian language version of its website to facilitate interest from Russia and Central and Eastern Europe. City Trust & Corporate Services has just launched a Russian version of its website to further meet demand from Russia and parts of Central and […]

Russian De-Offshorisation Law to Impact Foreign Controlled Companies

Russian De-Offshorisation Law to Impact Foreign Controlled Companies

The Russian Government is introducing new regulations to its tax code, which will have important implications for Russian tax residents (both individuals and businesses) who are deemed to have controlling interests in foreign companies and entities, or Controlled Foreign Companies (CFCs). 

The Russian De-Offshorisation law, signed into the act on […]