Read this on forum
Are they taxed or are they not taxed if you have non dom?
So if you have Cyprus non dom + Cyprus company, what taxes will you end up paying in the end if you take dividends out of company?
20% for dividends is not acceptable.
So wait, I thought dividends are NOT taxed in Cyprus.Cyprus is not a low tax country unless you are a very high income earner under the non-dom system. For example although dividends are not subject to income tax they are subject social security contribution and GESY which together come to almost 20% and if you don't have non-dom status also add another 17% for SDC.
Are they taxed or are they not taxed if you have non dom?
So if you have Cyprus non dom + Cyprus company, what taxes will you end up paying in the end if you take dividends out of company?
20% for dividends is not acceptable.