cyprus

I am planning on leaving my high-tax country in the next few months. I am setting up meetings with accountants/lawyers in Portugal and Cyprus. Malaysia and Dubai are also possibilities My thought process so far is the following: I should choose a country that my home country has a tax treaty...

Hi everyone, I have a few questions about a situation I'm encountering and I'm not really sure how to handle this, here is the situation: Let say I have a company in Cyprus, I'm employee of this company and sole director/shareholder, I rent an apartment yearly, I stay in Cyprus 2 months per...

It is often fairly easy to open a Representative (also called Liaison) Office in many countries. Then to have that Office go through a process to invite you(even non-EU nationals) to go to the country and become resident there based on being the manager / Representative at the Representative...

Three partners, Spanish nationality and residence. Currently with a UK Ltd but without income or billing as we had not yet closed any deal so far. We put buyer and seller in contact, they make a contract for the supply of material and we take a commission for each purchase made by the buyer...

Hi everyone, I was wondering if the following setup would be legal and acceptable. A little bit of background about me first. I do data analysis. I develop very complex and sophisticated mathematical models. My clients are all from USA and EU. I was born in EU. I have a company in Andorra...

Hi all, this form is great, filled with great information. I've been looking into immigrating to Cyprus as a non-EU national (Canadian). I have 2 years before I actually am able to move but 2 law firms in Cyprus replied saying processing time has changed, due to a few factors, and is now 3-4...

Hello all, first of all, thanks a lot @CyprusBusiness @Sols @CyprusLaw @CyprusLawyer101 @Marzio and all the other who gave a really good advice on Cyprus taxes in the forum. I own a US LLC (online business – which taxes 0% in the US), I just landed in Cyprus with the intension of being a...

How is Cyprus treating proceedings from liquidation of foreign companies? I mean the surplus a shareholder/associate (physical person) receives from a foreign limited company subject to dissolution and liquidation. Ignoring the tax at source (which may depend on the country and DTA), which is...

I am a European passport holder. I have not been tax resident in my home country for 10 years as I lived in Bahrain. I am thinking of using Cyprus as my tax residence. I will open a web development company that will earn approximately €20,000 so I can have my company position satisfied as one...

Hi - appreciate this community. Starting a new online business and would like to find the most optimal corp / tax setup. The tax in Sweden is around 50% (corporate + dividends). I'm looking to move abroad starting my business and would like to find the best solution which should include a good...

Hello everyone, I would love to get you guys opinion on my case: - I live in Sweden where my family is and where we bought our home. According to Swedish tax law, that makes me a tax resident of Sweden no matter where I go into the world. - I am planning to spend less than 6 months in Sweden...

Hey guys! Hope you are doing well! I’ve been looking information about being a freelance in Cyprus, but I did not find out any information. Do you know if there is any post talking about it? I would like to know what is the best option for a freelance there. Thanks!

Dividends of a non-dom individual originating from outside of Cyprus are not subject to the capital gains tax but are subject to GeSY contributions. How about capital gains from disposal of shares not related to real estate in Cyprus? They're not subject to capital gains tax either. But are they...

I want to buy an investment property in Cyprus. Owning additional properties personally is not an option for me, so I must own through a company. Cyprus companies are quite expensive, and time-consuming to set up. Around 1.5k+ EUR to set up, taking around 2 weeks. Then around 2.5k EUR minimum...

Hello everyone, I am planning on moving myself and my business(close + reopen) to Cyprus by the end of the year which does the following: Build algorithmic trading software/technology, Offer SaaS products to business and individuals, (no financial services, purely software) Use company algo...

Hi everyone. Would love to get feedback on the setup I planned. My wife and I are EU citizens, just moved to Spain (Andalucia) from another EU country. My wife works full-time and is eligible for the Beckham Law exemption. We have kids at school here – can't do nomad. We know Spain is not the...

Hello guys, I am living in Cyprus with the non dom program. Right now I work with a US LLC (Florida). I would like send this money to a offshore company to earn the money back as dividends. My only cost would be 2,65% NHS instead of 12,5% corporate tax. Now my question is - which country...

Hello guys. As a Maltese resident (Italian Citizen), opening and using a company in Cyprus (nominee director and secretary) + local address provided by the lawyer's office, can it be problems for the place of management rules? All board meetings will take place in Cyprus. And if it can help, at...

Hi, I have few questions regarding IR59 form (from employee's perspective): Is this form mandatory to submit for employees? If I don't submit it, what are consequences? Do I understand correctly, that my employer will just not apply any deductions I might have, which are not known to him (for...

Hello, how much could I ask for a legit company incorporated in Cyprus which has been providing e-services to international clients for over 11 years? Audited tax records, no debts, 50k EUR on the corporate account now. I am sure there would be buyers who prefer a company with a history over...