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This can be closed - I talked to an actual Accountant in Cyprus from a big international firm.
Conclusion was by the way, that it is...
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@W Fish why so mean?
I think you are missing, that in Cyrpus the VAT threshold is 15,600 EUR per annum. He is selling 3000 to 8000 per...
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Hey!
I am living in Cyprus and working as a Designer since a year. I have a company (Limited) here and make around 250,000€ per Year...