Charles Savva

Managing Director at C. Savva & Associates Ltd Cyprus

Areas of practice

  • Tax Planning
  • Corporate Law
  • Audit and Accounting
  • Company Formation

Specialization

International Tax Planning

I am interested in the following jurisdictions

  • Azerbaijan
  • Belarus
  • China
  • Czech Republic
  • Denmark
  • Estonia
  • France
  • Georgia
  • Hong Kong
  • India
  • Latvia
  • Lithuania
  • Poland
  • Russian Federation
  • Singapore
  • South Africa
  • Switzerland
  • Ukraine

I can help with

C. Savva & Associates Ltd (“S&A”) is a leading independent provider of Global Business Services in the fields of taxation, corporate administration, accountancy, fiduciary, investment funds, international trusts, special-license companies and business advisory services based in Cyprus and Canada. S&A clients comprise of some of the world’s largest multina­tional public and listed corporations.

Since 2009, we have been the fastest growing professional services provider in Cyprus.  We are acknowledged as the premier corporate service provider in our field as a result of having one of the strongest technical teams on the island, adopting a service minded approach unseen among our competitors, and being the most cost efficient tier-1 provider in Cyprus.

For more information regarding our organization and services please visit www.savvacyprus.com 

Charles's Activities

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Nowadays it is very common if not essential for many companies to obtain a loan in order to grow their businesses. However, these companies, or other, usually affiliated entities, will invariably need to provide a form of security to the lender for the securing the repayment of their obligations. This article wishes to summarise the concept of charges under Cyprus law, especially in the form of fixed and floating charges.

Fixed & Floating Charges
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Charles Savva from C. Savva & Associates Ltd shared a publication
Notional Interest Deduction (NID)Article 9B of the Income Tax Law together with Circular 2016/10 is effective since 1 January 2015. The objective is to harmonize the tax treatment of equity financing and debt financing at an effort to encourage Companies to use equity financing...