I've been advised that this might not apply if the existing asset is contributed in kind upon company formation. However, this requires independent valuation, and would probably be fully subject to tax in the country of origin, so the benefits of such a transfer are non-obvious. In any case...
I will probably put this IP setup into motion in the coming weeks.
@CyprusLawyer101, I'd also be interested in options for transferring ready IP, which you hinted at before. Could you DM me to discuss this?
Are you sure about this? I thought that transferring existing IP from a related party was the one thing you definitely couldn't do under Nexus rules.
Yes, I'd officially employ myself as a software developer and then assign myself to work on the IP-related project.
Sure. PMs welcome.
Hi Folks,
I was wondering if it's actually possible to use the Cyprus IP Box as a one-man software company?
There's the Modified Nexus Shite to contend with, but the following setup should work, methinks:
1. Start company.
2. Employ yourself as programmer for 1000€/mo or something. Pay social...
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