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Cyprus Non Dom + Offshore Company to recieve dividends

bigbite100

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Sep 27, 2022
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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 should I choose?

The cheapest solution would be Seychelles with a bank account of ABC bank..

Second cheapest solution would be Singapore company with different banking opportunities.

Most expensive soltuion would be UAE (RAK) company.

From what I understood, none of this companies will have real substance. it will have a shared office rental and a nominee director. But from what i heard, this is common and also accepted by Cyprus.

I am living most of the time outside of cyprus (Iam living there 60-90 days)

Which of these 3 companies would you recommend? I dont have a good feeling with seychelles and would prefer singapore but its more expensive.

Thank you in advance for your help. I already searched the forum but I couldnt find a answer to my questions.

Best regards
 
@CyprusLaw do you have an answer here maybe? interested to hear your opinion since I am also living in cyprus under the nondom status and also want to figure out the best setup to get dividends from outside
 
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