cyprus

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...

I'm speaking to a firm in Cyprus to help me get set up there. They said they have a set of new shelf companies ready for use. I'm wondering what risks are involved in buying a shelf company? Could it have debts that I would be liable for? Is there any way to check this?

For people thinking about living in another country, it's important to learn which countries allow dual citizenship. Dual citizenship grants a person the freedom to live and work in another country and their own. Some countries don't let foreigners hold multiple citizenship, while others have no...

Hello, I am a German who has just moved to Cyprus since a few months. When I started my Company here I used juni.co as banking service. They had a great banking service until recently they just canceled the companys bank account "because of a new business partner of theirs who has new...

Hello, I have a rather complex situation I would like some guidance on. I am currently living in Denmark, with no interest in relocating at the moment. I’d like to open an investment firm/family office offshore for myself and some clients, at first just trading stocks, but potentially...

Hello all, Have very much enjoyed reading this forum over the last few weeks, but have struggled to find much guidance on tax efficiently shifting assets offshore. I have a crypto related company based in the UK with a 7 figure balance in an Ethereum wallet, plus some brand and software IP...

Digital Nomad Visa Period: 12 months, with the right to renew it for another two years; i.e 3 years Conditions: - Employers and clients are located outside Cyprus - Salaries at least €3,500 euros per month - Medical coverage, and - Clear criminal record from the country of residence/origin...

Hey there, I have My actual Situation is following: German citizen with tax residence in Cyprus with Cypriot Ltd. and Non-Dom status in Cyprus. (since 2020) I don't want to stay the 2 months in Cyprus anymore. (spending most time in different Asian Countries, Nowhere more then 180 days) At the...

I was wondering if it would be possible to claim the lower tax rate Cyprus gives to IP companies, considering we basically “license” our content to YouTube and receive royalties for it.

Hey guys, is there anyone who has experience with the Cyprus IP box regime? I was reading that a qualifying IP can also be a utility model, basically, if you developed a "unique" physical product that has some improvements you can register it as a utility model. Here's the definition from the...

Hello, I'd like to incorporate a ltd company in Cyprus. EU resident, planning to move there since april 2022, but I'd like to have the company setup right now. 50k turnover, 100% as sales commissions. Roughly 200 invoices going out, barely 20 coming in No employees I'll be the director I need...

Can anyone confirm that a Cyprus non-dom resident owning a Romanian SRL micro-company will be exempt from the 5% tax on dividends in Romania, so in total dividends will be totally tax free?

Thinking of moving myself and business from UK to Cyprus (I have a UK and EU passport), with this setup: 1. BVI/UAE/equiv. company from which I invoice clients. EMI to receive funds. 2. Personal residency in Cyprus, under 60 day nondom 3. Cyprus shell company for appearances. Maybe run...

Hi everybody, first of all: You guys rock. Thanks for all the great content. So, I know, there's quite some content here already regarding Digital Nomads. I read all of it but most of the topics fit to my situation only partly. About myself: - German passport, living in Germany - North...

Hello, I have figured out one step of the puzzle in that I will be setting up my active income business in Cyprus as well as my individual tax residency. However my active business is at higher risk of future litigation, and for that reason, I do not like to hold that much funds in this company...