Hi, folks - hope you're well...
I'm Greek, living in Greece.
I have an online business, which I can run from home.
I have registered a company in Cyprus, because corporate tax is less in Cyprus.
However, I will still have to pay 20% on dividends to the Greek government.
I'm looking at how I can become a Cyprus tax resident.
From what I understand, I need to:
- Find an apartment in Cyprus, which I will use as a home office.
- Declare the address of the apartment as my company's address.
- Live in Cyprus for 3 months.
- Declare to the Cyprus tax authorities that I live in Cyprus.
- Declare to the Greek tax authorities that I live in Cyprus.
- Make sure I live in Cyprus at least 6 months of the year.
- Maybe even keep proof elements like plane tickets, utility bills etc.
Do I have things right?
Is there any simpler way to achieve what I'm looking for?
Thanks!
I'm Greek, living in Greece.
I have an online business, which I can run from home.
I have registered a company in Cyprus, because corporate tax is less in Cyprus.
However, I will still have to pay 20% on dividends to the Greek government.
I'm looking at how I can become a Cyprus tax resident.
From what I understand, I need to:
- Find an apartment in Cyprus, which I will use as a home office.
- Declare the address of the apartment as my company's address.
- Live in Cyprus for 3 months.
- Declare to the Cyprus tax authorities that I live in Cyprus.
- Declare to the Greek tax authorities that I live in Cyprus.
- Make sure I live in Cyprus at least 6 months of the year.
- Maybe even keep proof elements like plane tickets, utility bills etc.
Do I have things right?
Is there any simpler way to achieve what I'm looking for?
Thanks!
