cyprus

Does anyone know if a business owner of a Cyprus LLC/LTD is allowed to capitalize their company directly with cryptos? i.e. putting cryptos into the company as an asset for the purpose of trading them, without triggering any kind of taxable event. There must be hundreds if not thousands of...

Currently living in NL I wanna setup a SaaS company in Cyprus and benefit of IP-Box, so corporate tax will be as low as 2.5-5% I'm gonna create the substance for it, i.e.: Management, important meetings and key decisions will be in Cyprus done by a local director and not me, all of this will...

Hello, I'm currently exploring options to optimize my tax setup. Here's my situation: I'm an Italian citizen residing in Malta for the past 3 years. I operate a marketing agency from my home in Malta, serving clients globally, generating an annual income of €100,000. My current business...

I thought about this: what if EU individual gets Cyprus non dom status and tax residency in Cyprus and then upkeeps an offshore company, let's say in UK, USA or other jurisdiction...won't that be most tax efficient setup? Because if this offshore company hires no employees and pays out purely...

Hello, I am currently preparing an iGaming service. We are setting up our company structure with an Anjouan license + a Belize corporate (for holding the license) + a Cyprus subsidiary (for EMI), but I am uncertain about the tax structure. All transactions and funding are managed through the...

Hi, let's discuss which country is best for living and trading crypto in terms of taxes, ease of running company and banking. UAE: - 9% tax on profits above 100k USD - Possible to open crypto prop trading company - Banking in local UAE banks is very hard, so one qould need to have offshore bank...

I am planning on leaving my high-tax country in the next few months. I am setting up meetings with accountants/lawyers in Portugal and Cyprus. Malaysia and Dubai are also possibilities My thought process so far is the following: I should choose a country that my home country has a tax treaty...

Hi everyone, I have a few questions about a situation I'm encountering and I'm not really sure how to handle this, here is the situation: Let say I have a company in Cyprus, I'm employee of this company and sole director/shareholder, I rent an apartment yearly, I stay in Cyprus 2 months per...

It is often fairly easy to open a Representative (also called Liaison) Office in many countries. Then to have that Office go through a process to invite you(even non-EU nationals) to go to the country and become resident there based on being the manager / Representative at the Representative...

Three partners, Spanish nationality and residence. Currently with a UK Ltd but without income or billing as we had not yet closed any deal so far. We put buyer and seller in contact, they make a contract for the supply of material and we take a commission for each purchase made by the buyer...

Hi everyone, I was wondering if the following setup would be legal and acceptable. A little bit of background about me first. I do data analysis. I develop very complex and sophisticated mathematical models. My clients are all from USA and EU. I was born in EU. I have a company in Andorra...

Hi all, this form is great, filled with great information. I've been looking into immigrating to Cyprus as a non-EU national (Canadian). I have 2 years before I actually am able to move but 2 law firms in Cyprus replied saying processing time has changed, due to a few factors, and is now 3-4...

Hello all, first of all, thanks a lot @CyprusBusiness @Sols @CyprusLaw @CyprusLawyer101 @Marzio and all the other who gave a really good advice on Cyprus taxes in the forum. I own a US LLC (online business – which taxes 0% in the US), I just landed in Cyprus with the intension of being a...

How is Cyprus treating proceedings from liquidation of foreign companies? I mean the surplus a shareholder/associate (physical person) receives from a foreign limited company subject to dissolution and liquidation. Ignoring the tax at source (which may depend on the country and DTA), which is...

I am a European passport holder. I have not been tax resident in my home country for 10 years as I lived in Bahrain. I am thinking of using Cyprus as my tax residence. I will open a web development company that will earn approximately €20,000 so I can have my company position satisfied as one...

Hi - appreciate this community. Starting a new online business and would like to find the most optimal corp / tax setup. The tax in Sweden is around 50% (corporate + dividends). I'm looking to move abroad starting my business and would like to find the best solution which should include a good...

Hello everyone, I would love to get you guys opinion on my case: - I live in Sweden where my family is and where we bought our home. According to Swedish tax law, that makes me a tax resident of Sweden no matter where I go into the world. - I am planning to spend less than 6 months in Sweden...

Hey guys! Hope you are doing well! I’ve been looking information about being a freelance in Cyprus, but I did not find out any information. Do you know if there is any post talking about it? I would like to know what is the best option for a freelance there. Thanks!

Dividends of a non-dom individual originating from outside of Cyprus are not subject to the capital gains tax but are subject to GeSY contributions. How about capital gains from disposal of shares not related to real estate in Cyprus? They're not subject to capital gains tax either. But are they...

I want to buy an investment property in Cyprus. Owning additional properties personally is not an option for me, so I must own through a company. Cyprus companies are quite expensive, and time-consuming to set up. Around 1.5k+ EUR to set up, taking around 2 weeks. Then around 2.5k EUR minimum...