Tue, 7 Feb 2012
Cyprus Accountants and Cyprus Tax Advisors
 
  About Cyprus
 
General Information
The Cyprus Economy
The Success of Cyprus as an International Business Center
  The Cyprus Tax System
 
Double Tax Treaties
EC Directives
  Cyprus Tax Planning
 
Introduction
Holding Company Structure
Financing Company Structure
Royalty Company Structure
Employment Company Structure
Trading Company Structures
Foreign Permanent Establishments
Shipping Companies
Non-resident Companies
Tax Planning for Investments in
Central and Eastern Europe
  The Cyprus Legal System
 
The Cyprus Limited Liability Company
Company Registration Procedure
International Collective Investment Schemes (ICISs)
Cyprus International Trusts
HMI & Partners Chartered Accountants Ltd
Copyright Notice
Copyright of this web site or any part hereof belongs to HMI & Partners Chartered Accountants Ltd, unless otherwise stated. Permission is hereby granted for the personal, non-commercial downloading, printing, transmission and temporary storage of any materials on this web site. All other use of the materials, in whole or in part (including without limitation reproduction, permanent storage, re-distribution and incorporation into other materials or web pages) is prohibited without the prior written consent of HMI & Partners Chartered Accountants Ltd.

A. AGREEMENT FOR USING HMI & PARTNERS CHARTERED ACCOUNTANTS LTD’S WEBSITE (TERMS OF USE)

Important Notice

These terms and conditions will apply when you access HMI & PARTNERS CHARTERED ACCOUNTANTS LTD’S website. Before proceeding to use this website, you must read these terms and conditions carefully. You will also find that they contain some useful advice on how to use this website. If you find yourself unable to agree to these terms and conditions, then you must not use our website and immediately log out.

1 General information

The website is owned and operated by HMI & PARTNERS CHARTERED ACCOUNTANTS LTD. HMI & PARTNERS CHARTERED ACCOUNTANTS LTD is a company registered in Cyprus with registration number H.E 197348 and its registered office is at 16 Panteli Katelari, Megaro Diagoras, Office 102, 1087 Nicosia, Cyprus. HMI & PARTNERS CHARTERED ACCOUNTANTS LTD’s email address is info@hmiaccountants.com. HMI & PARTNERS CHARTERED ACCOUNTANTS LTD’s VAT Registration number is 101197348U.

2 Conditions of use of this website

(1) You agree not to post or transfer to our website, nor include in any message, any material which is obscene, misleading, inaccurate, defamatory, illegal, in breach of any copyright or other intellectual property right, or damaging to data, software or the performance of our or any other parties’ computer system. You agree to indemnify us in respect of any liabilities, losses, expenses, or other costs whatsoever incurred as a result of a breach of your obligation under this condition, including, but not limited to, any claims made against us by any third party.

(2) The Law for the Protection of Personal Data of 2001 as amended (Law) is designed to protect individuals about whom information is entered and stored on computer and other systems. Accordingly, it lays down strict standards of accuracy, relevance and care of such data including how it may be divulged. Any data about living individuals you may enter onto our website directly or include in any message to us will be subject to the Law and you are responsible for its accuracy and relevance and must have the authority to disclose it and for us to utilise it for the purposes of any transaction concluded for or by you through this website. If you are in any doubt about any personal data, please feel free to email us with details of the problem first.

(3) In consideration of agreeing to your use of this website, you acknowledge that the ownership in any intellectual property rights (including, for the avoidance of doubt, copyright) in this website belongs to HMI & PARTNERS CHARTERED ACCOUNTANTS LTD. Accordingly, any part of this website (or its source HTML code) may not be used, transferred, copied or reproduced in whole or in part in any manner other than for the purposes of utilising this website, meaning that you may only display it on your computer screen and print it out on your printer for the sole purpose of viewing its content.

(4) You may not link this website to any other website without HMI & PARTNERS CHARTERED ACCOUNTANTS LTD’s prior written authorisation. Furthermore, HMI & PARTNERS CHARTERED ACCOUNTANTS LTD does not make any warranties, representations or undertakings about the content of any other websites which may be referred to or accessed by hypertext link with this website, and HMI & PARTNERS CHARTERED ACCOUNTANTS LTD does not endorse or approve the content of such third party websites.

(5) Please be aware that to the extent permitted by law and except as expressly provided for in these terms and conditions, HMI & PARTNERS CHARTERED ACCOUNTANTS LTD does not accept any liability in respect of this website or your use of it.

(6) Use of this website is subject to the laws of the Republic of Cyprus, and the exclusive jurisdiction of the Courts of the Republic of Cyprus.

B. PRIVACY POLICY

Why do we have a Privacy Policy?

1. At HMI & PARTNERS CHARTERED ACCOUNTANTS LTD we are committed to delivering reliable information to our clientele and to protect the privacy and confidentiality of Personal Data about them. Safeguarding the privacy of information, both online and off-line, is a top priority for HMI & PARTNERS CHARTERED ACCOUNTANTS LTD.

2. Accordingly, we take reasonable steps to:
· Give you, as a visitor to our website, clear notice when we are requesting information from you, the types of information we request from you, the general purposes for which that information will be used or disclosed, the categories of users to whom we provide the information, how you can instruct us if you prefer to limit the use of that information and procedures we have in place to safeguard your privacy;
· Maintain accurate records, provide you access to the personally identifiable information that is retrievable online and provide you a fair procedure to update, rectify and correct your personal information; and
· Use safe and secure systems, whether or not by automatic means, to safeguard the information about you.

Information we collect about you

3. HMI & PARTNERS CHARTERED ACCOUNTANTS LTD’s on-line privacy policy applies to all personal information we receive on-line from you and about you in connection with an online transaction or otherwise. Other than in the situations described below, we do not collect information from or about you while you are accessing and using our web site.

4. We collect information from you or about you on-line when you: Request any specific information on-line about any of HMI & PARTNERS CHARTERED ACCOUNTANTS LTD’s activities or services; or Send us an e-mail through our website.

5. In these situations, we may collect certain information from and about you in order to process your request and to verify your identity to be sure that we are providing our services to the proper individual. This is for your protection and to help eliminate identity fraud and fraudulent orders.

6. The specific Personal Data we may collect from you online for verification and processing of your request may include:

First and last name;
Payment details;
Telephone and fax number;
E-mail address;
Physical address;
Internet address;
Mail address.

7. The information we collect may vary and is in any event proportionate to the specific requirements of our company for processing your request.

8. You may order any of our services or products not only by e-mail but also by mail or telephone. The decision to order any of our services or products online or by mail or telephone is completely up to you.

Information we may provide to you for marketing purposes

9. We may provide you with information about our products and we think may be of interest to you.
10. In this respect, when we send you any e-mail, you will be given automatically the opportunity to object, free of charge and in an easy manner, to such use of your electronic contact details when they are collected and on the occasion of each message and you may automatically opt out of further promotional offers.

To whom we may disclose your personal data

11. We will not disclose any of the information we collect from or about you to any third parties such as companies that are not owned by or controlled by or associated to us, for any business purposes, including marketing and joint business efforts for related and unrelated products and services, unless you have provided your specific consent for this disclosure.

12. If you have at any time agreed for your personal data to be disclosed to any third party as described above, you may choose to cancel any such disclosure by sending us an email to info@hmiaccountants.com directing us not to make any such further disclosure.

For how long do we keep personal information

13. The time period for which we keep your personal information varies according to what the information is used for. In some cases there are legal requirements to keep data for a minimum period. Unless there is a specific requirement for us to keep the information, we will retain the information for no longer than is necessary for the purposes for which it was collected or for which is to be further processed.

Updating your details

14. If any of the information you have provided to HMI & PARTNERS CHARTERED ACCOUNTANTS LTD changes, for example if you change your e-mail address, name or payment details or if you wish to cancel your subscription with us, please let us know the correct details by sending an e-mail to info@hmiaccountants.com, or by sending a letter to HMI & PARTNERS CHARTERED ACCOUNTANTS and we will make the necessary amendments and confirm that these have been made.

C. SECURITY AND CONFIDENTIALITY

How do we protect your personal information?

15. HMI & PARTNERS CHARTERED ACCOUNTANTS LTD recognises the importance of guarding the security of your personal information and on-line communications. We use programs that encrypt the information you provide on any form before transmission to HMI & PARTNERS CHARTERED ACCOUNTANTS LTD. We restrict access to personal data that is collected about you to only those who have a need to know that information in connection with the purposes for which it is collected and used. The data is processed exclusively by authorised persons who are under our direct supervision and control or act according to our instructions. We employ individuals, who are suitably qualified, possess the necessary technical knowledge and personal integrity for maintaining confidentiality. Additionally, we maintain physical, electronic, and procedural safeguards to guard your personal data.

16. Further, we have security protocols and technical and organisational security measures in place to protect the personal data we maintain about you against unauthorized disclosure or processing. These measures include internal and external firewalls, physical security and technological security measures, and encryption of certain information.

Your consent

17. If you are visiting our web site or using any of our services, by continuing to do so, you consent to the use of your personal information as set out in this policy.

Changes to this Privacy Policy

18. We may need to change our privacy policy from time to time. We will publish the changes on this page, and may place notices to other pages of the website, so that you may be aware of the information we collect and how we use it at all times. Continued use of the service will signify that you agree to any such changes

 
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