Recent content by soberman

Got it, thanks for the help. I will get an appointment with my tax advisor, maybe he will know some intricacies of Austrian taxation in regard to this scheme that might be advantageous as well.

So the corporate tax would be applied by Hungary, but would the dividends be taxed by Hungary as well for me? Or by Austria in that case since I am commuting there but living in Austria?

That is a very interesting observation, thank you! However, this won't resolve the problem of me actually living in Austria, being married to an Austrian, and having a house in Austria - Austria might say that I am still taxable there even though I "work" in Hungary/Slovakia, no?

It doesn't unless I move, since I currently reside in Vienna, which is an 8-hour drive to Lichtenstein. It seems that the only way to take advantage of those lower tax rates of other countries is to actually move living to those countries. At minimum for at least more than half a year every...

There is no point and nowhere to reinvest that revenue since I am going to be simply a software developer and offering my services to other companies. I don't need marketing - there's LinkedIn for that. I don't need staff, since there is nothing to do for them, technically.

What if I am that fool and don't know why I should NOT do it? ':-D

Alright, thank you for your advice guys. Might be indeed better to not risk it all in that situation.

Thank you for your insights. It looks like the best approach is to have a permanent apartment renting in Cyprus and just live at the family's place in Austria, thus technically having only one renting contract to my name in Cyprus at all times. Nobody really checks if I actually live in Cyprus...

Thank you for your answers. Would it be legal to rent an apartment in Cyprus for an indefinite term (since I don't need an office there), then rent an apartment for an indefinite time in Austria and, say Slovakia? So that I would be able to live 2 months in Cyprus, then 5 months in Austria, and...

@Sols Just to clarify whether I understood it correctly or not - SDC tax only after 17 years of doing business there, even if I live in Cyprus all the time during those 17 years? Thank you.

Thank you for your answer @Sols. Is that an additional one to 12.5% or did you mean 17% in total?

Could I have your opinion on the rest of the questions please?

Thank you for you answer. What does that mean in my case? In the scheme I have described?

Hello! There seems to be a change of rules for the companies registered in Cyprus starting from December 2022, thus, it makes it a bit unclear for me, so I would hugely appreciate your help and advice. I want to move my tax residency to Cyprus. I am a software developer from Austria, working...