Move in Cyprus and Non-dom regime 60 days

[toums]

Hi everybody,

I plan to start the process to move in Cyprus next month and apply for the new Non-Dom regime 60days (instead of the minimum of the 183 days rules).

Finally, I plan to use the easiest way as "self employed" instead of set-up a Cyprus LLC company.

I know I need to pay the social security tax in Cyprus. However I can't find the minimum amount to pay each month or year. I don't plan to receive a huge wage from Cyprus, as it is tax free until 19 500€ / year. Someone have this information ?

Also, I saw some informations about CFC rules will applied from 2019 in Cyprus. It can be bad for the owner of offshore company, unless it would be not apply for the non-dom resident. Also, if someone have informations about that.

Maybe see you in Cyprus !

 

[tosseca]

Hello , the minimun is a 14,8% for 8500 euro. So around 1300 euro per year.
About the CFC rules not information for the moment , but i dont think Cyprus adopt a strong CFC rules.

 

[toums]

Thanks for your reply. However where did you found this information ? Except on a global citizen blog, I didn't find this information

 

[tosseca]

I read it on Cyprus government site but no sure where exactly. In a brach talking about social benefits.