When choosing a jurisdiction to enter the Latin American market, businessmen often focus on Mexico. This is not only because of the large domestic market of Mexico (population 140 million), but for many other factors, such as relatively developed infrastructure, geographical location, etc. When choosing the legal form for a company in Mexico, most people choose the Sociedad de Responsabilidad Limitada de Capital Variable — which is very close in essence to companies in the form of LLC and is considered for tax purposes as non-transparent corporation.
Tags: Reports
Cyprus: registration of VAT number
In Cyprus, a separate department in the tax authority is responsible for the administration of VAT. To register for VAT, the company or its representative must personally come to the VAT department office in the city of its registration and provide the following documents: