Recent content by thomio

@Sols based on your detailed knowledge, I think that you actually live there. The advice with Limassol is really good, my area is also fintech so it would be nice to meet another young people like me, good business connections, new cooperations with another young minds, creating new products...

Hi fellows so I am already in touch with the local lawyers there, one international lawyers group with activities on Cyprus as well. Who has real experience with this, I would be thankful for following advices: 1) The lawyers will give me an offer for how much they will incorporate my local...

Thanks a lot for your advices and tips!! If you want, just feel free to PM me and we can meet in Cyprus have a beer together or I can tell you bit more about my business and what I actually do, it can be interesting for you too. Anyway, I was also thinking about to buy an apartment there, but...

Long term rental: Should I use a virtual office services for this purpose and have this virtual address as my Cypriot address? These services are very useful, they can forward my mails if I will receive anything from the government and it's not expensive. If I will use the address of virtual...

So I need to incorporate the Ltd at first, and then to do my non-dom status, right? This is the correct ordering?

What do I have to keep to maintain my non-dom residency in Cyprus in year 2021 if I don't want to receive any personal profits (worldwide) in year 2021 and keep it all in my companies? Is there some reason why do I have to keep to maintain my non-dom residency there? What is the reason please? I...

I am bit confused. Which one of these two flags I should get first? The personal tax residency, or incorporation of the local Ltd company? Because if I will arrive to Cyprus next week, I can show them rental agreement from any period I wish to (I have one friend there I could make a deal with...

I think you are right. No that's not a problem, I just don't like the feeling of being obligated of something. But you are right, it will be easier to follow these 60-days rules properly and actually really stay there. Anyway, it's nice country and the summer is funny there, so why not. I was...

Please, correct me if I am wrong. Let's say that I don't want to withdraw profits from my company each year. That's really not necessary for me. Let's say I want my company to pay me dividends only once per two or three years. Do I still have to keep running this 60-days-in-Cyprus schema all...

No, I don't want to be tax resident elsewhere. But I am and I will always be tax resident in my home country too. Unfortunately I can not change this because my home country considers me to be local tax resident here only because I have permanent residency here and I am not able to simply delete...

When to start? : By the way, it is the end of september now, let's say that I would like to incorporate the Cypriot company as soon as possible, no reason to wait for anything, when can I start? Should I go to Cyprus now and submit the MEU1 form at the local immigration office? I can say that I...

60 days rule - how they can know in which European country I really am? : Here's a thing. I have a friend in Italy, another friend in Greece. I can ask one of them to give me "fake" rental agreement, to virtually rent me a room in his apartment for period of 5 months. Also the other friend will...

Cyprus Personal Tax Residency: I have been doing some Google research, and you were right @Sols and @GrumpyMess , the Cypriot tax residency is easy and for free. All I have to do is stay 2 months in Cyprus, and then I can just travel for the rest of the year. How to register myself for the...

@GrumpyMess and @Sols thanks a lot for your advices, you have some reasonable points. If I can't leave profits in my company and just let my company to sponsor my personal life, then it changes everything. To be honest I didn't even know that there's some law regulating this. Yes, I have EU...

Bank accounts. As I said little bit more info above