Our valued sponsor

Recent content by Hydrox

  1. H

    Is there a Cyprus Business Card with Cashback

    They are super flawed, i activated 1% on facebook spend and 0.1% on all spend in their offers. Now i only get 0.1% on the FB spend too, since it somehow overrides the 1% option. Support doesn´t help at all and it took 1.5 months to get fully verified for vivid. Can´t recommend at all but if...
  2. H

    Is there a Cyprus Business Card with Cashback

    Hey people, When you spend 5-6 figures in adspend with your cyprus company it´s always great to have a cashback card. Even 0.5-1% are good extra profit. In the US, its even normal to get 2% cashback on business spending. Let me know if anyone knows an option that gives business cashback cards...
  3. H

    What can you write off in a Cyprus Limited?

    I got a quote of 2000€ from a local accountant for a yearly audit of my company. We aggreed that i will do Bookkeeping myself, as i have experience with it. These are the other prices: ο Preparation of ΙR 63 and IR7 : €200+vat Per Year ο Completion and submission of ΗΕ32 : €100 per year + VAT...
  4. H

    What can you write off in a Cyprus Limited?

    Since turnover means revenue, i should be over that. Is there a way to know which person is performing your audit? Thank you I´ve let ChatGPT study the tax document and then asked it what is deductable in my case and whats not. There seems to be little to no difference when i compare it with...
  5. H

    What can you write off in a Cyprus Limited?

    Hey Tax Optimizers, I’ve followed through on my decision and relocated to Cyprus , got myself an apartment, set up a Cyprus Limited company, opened bank accounts, and I’m spending several months a year here. So far, everything’s going smoothly. Since accounting can be quite expensive, my plan...
  6. H

    Digital Nomad Perpetual Traveler + Apartment in Cyprus = tax ?

    I´ve done both. Found a really good lawyer who gives me a registered address for 250€ / year
  7. H

    Digital Nomad Perpetual Traveler + Apartment in Cyprus = tax ?

    Use parents or friends address, or buy a flat literally anywhere where it doesnt trigger tax. Or use truelease and other services. Easy going mate
  8. H

    Cyprus to raise corporate income tax to 15% for all companies

    But how often do you get an audit in cyprus for your tax filings? From what i heard its very very unlikely. Only VAT authorities might come once in a while
  9. H

    Cyprus to raise corporate income tax to 15% for all companies

    Just as im moving there in 25 days, they increase the tax.. But i will be honest 2.5% wont hurt much, even if you were to deduct a bit "too much" from your business expenses to compensate for that, would you even ever get an audit there?
  10. H

    Cheapest & Best way to get car in Cyprus?

    Tbh renting for a few hundred would be fine for me because when i first arrive there it would be a headache to visit used cars to buy. Just anything over 400/m is too much for some small used car. I still think you can negotiate because some appartments on bazaraki even say "negotiable", so i...
  11. H

    Cheapest & Best way to get car in Cyprus?

    Whats up guys, I´m moving to CY in April and the expenses start to rack up. I will be there for 5-7 Months / year. On the Island its extremely important to have a car, which is why i am asking you people what your experience is, where you can get the best car for your money. I am interested in...
  12. H

    Hey man mind sharing your instagram / discord handle to talk about cyprus setup, since you said...

    Hey man mind sharing your instagram / discord handle to talk about cyprus setup, since you said you´re there too?
  13. H

    PayPal Fees how can I reduce them

    Did you just apologize for replying 16 years later? lmao