During the presentation they were clear that the tax incentives such as: non-dom regime, IP Box, NID, no CGT on stocks and others, will remain unchanged.
These are not rumors. The tax reform was officially presented over 1 month. The proposal is for an increase to 15% corp tax for all companies, and a decrease of the SDC for domiciled individuals. Of course this is just part of the tax reform, a lot of the incentives have remained, there will be...
I had clarified in the following post that my reference related to the potential imposition of social insurance, not tax. Stocks are non taxable, whether actively trading or as capital gains. But if actively trading they could have social insurance implications. Crypto on the other hand will not...
I am not sure where is the difference that you refer to, stocks are tax exempt.
First of all, I mentioned that with respect to trading cryptos it appears that it will be treated as explained above, i.e. either tax exempt if capital gain, or as taxable income if actively trading. So again only...
I am biased in saying that Cyprus is a good jurisdiction for an investor to invest in or set up a business yes. But the tax reform is something based on facts, I am not going to lie about what the law is or is going to be...
How exactly am I biased? Also, what is the right research for your? Reading online articles?
Attaching EY's article where you will read a summary of the tax reform proposals. https://globaltaxnews.ey.com/news/2025-0579-cypriot-government-announces-tax-reform-measures
There is no such thing as an annual fee for non doms, this was never announced and never discussed. Also, all of the above, such as the CIT increase are just proposals, nothing has been passed yet, and nothing will pass until at least 2026
Just to clarify something which I believe maybe I was not clear above, in terms of taxation, trading any type of securities that falls under the exemption afforded by the income tax law would be non-taxable. However, actively trading could potentially make you liable to social security (if...
To begin with, in Cyprus capital gain taxes apply only on the gain from the sale of immovable property or from the sale of shares connected to the ownership of immovable property.
With respect to stock trading/investing, holding and selling, or occasional trading falls under the ambit of...