We undertook a deep restructuring of the arrangement for our client, an international online securities trading trainer who developed an innovative e-learning platform offering technical analysis training. This restructuring was essential to align with the Cyprus tax NID (Notional Interest Deduction) regime, avoiding taxation on the initial capitalization and ensuring a tax-efficient structure going forward. Following this comprehensive restructuring, we prepared and submitted an Advanced Tax Ruling request to the Cyprus Tax Department. Leveraging our deep understanding of the relevant legislation and interpretive guidance, we are currently awaiting the response from the tax authorities, aiming to secure favorable tax benefits for our client.