cyprus

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...

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...

Hi there, Looking for a reliable service provider that can assist in the creation of a non-dom Cyprus company + bank account. I've seen referrals of @CyprusLawyer101 and @CyprusLaw , if any of these two could PM me that would be great :-) If you have any other leads, please let me know...

Hey Guys, So i want to emigrate from germany but would like to have an apartment somewhere in case germany comes to the idea to tax me after my exit. Then i could just show them my apartment and utility bills to show my place of business would be there. I thought about renting the apartment in...

Hey guys, Did 100k profit yearly in germany and will now move the country. Due to a form of exit tax and an existing double tax treaty it would be best for me to move to cyprus (EU) set up a limited and own another offshore company (Seychelles) to pay dividends from Seychelles with 0% tax to...

How to cash out crypto with low tax as possible in Cyprus?

Hello, This is my first post here, I am opening a Cyprus International Trust and was curious if anyone knew of any banks that would be able to open an account for this trust. The company I am opening the trust with suggested Bendura Bank in Lichtenstein and Proven Bank in the Cayman Islands...

Hi, I'm a software engineer and digital transformation consultant. My business consists of two streams: one from a SaaS product with recurring subscriptions and another from IT consulting with top 500 companies. Passports: Italian, Brazilian, Swedish Tax residency: Cyprus (nom dom) My current...

hello guys, whats the best thing to do in this scenario. Let`s say there is a person with 6 figures in crypto and want to cash it out (get it legal in a bankaccount) with the lowest tax possible without moving out of europe (worst case is dubai lol ). There is no hestitation to go and live...

Good morning everyone, I think many will find this question interesting. I saw a viral TikTok video about a company offering Cyprus trusts as a solution for Europeans. Here’s the idea: 1. Open a trust in Cyprus with a Cypriot lawyer as the trustee. 2. Sell your intellectual property to the...

I've recently read about the resident non-dom company possibility where a Maltese non-dom has a company in Cyprus, not paying any tax on profits and then also not remitting them (this is what makes it resident Malta non-dom). Would this be possible if the Maltese non-dom would want to open a...

I stumbled upon this post by @Don Quote: EE company with a PE in CY can redistribute the profits of the PE to the shareholders tax-free. And in the case of trading securities, there is no capital gains tax in Cyprus, so the overall tax will be 0%. Do I understand this correctly: Estonia...

Does anyone know if a business owner of a Cyprus LLC/LTD is allowed to capitalize their company directly with cryptos? i.e. putting cryptos into the company as an asset for the purpose of trading them, without triggering any kind of taxable event. There must be hundreds if not thousands of...

Currently living in NL I wanna setup a SaaS company in Cyprus and benefit of IP-Box, so corporate tax will be as low as 2.5-5% I'm gonna create the substance for it, i.e.: Management, important meetings and key decisions will be in Cyprus done by a local director and not me, all of this will...

Hello, I'm currently exploring options to optimize my tax setup. Here's my situation: I'm an Italian citizen residing in Malta for the past 3 years. I operate a marketing agency from my home in Malta, serving clients globally, generating an annual income of €100,000. My current business...

I thought about this: what if EU individual gets Cyprus non dom status and tax residency in Cyprus and then upkeeps an offshore company, let's say in UK, USA or other jurisdiction...won't that be most tax efficient setup? Because if this offshore company hires no employees and pays out purely...

Hello, I am currently preparing an iGaming service. We are setting up our company structure with an Anjouan license + a Belize corporate (for holding the license) + a Cyprus subsidiary (for EMI), but I am uncertain about the tax structure. All transactions and funding are managed through the...

Hi, let's discuss which country is best for living and trading crypto in terms of taxes, ease of running company and banking. UAE: - 9% tax on profits above 100k USD - Possible to open crypto prop trading company - Banking in local UAE banks is very hard, so one qould need to have offshore bank...

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...