cyprus

How is Cyprus treating proceedings from liquidation of foreign companies? I mean the surplus a shareholder/associate (physical person) receives from a foreign limited company subject to dissolution and liquidation. Ignoring the tax at source (which may depend on the country and DTA), which is...

I am a European passport holder. I have not been tax resident in my home country for 10 years as I lived in Bahrain. I am thinking of using Cyprus as my tax residence. I will open a web development company that will earn approximately €20,000 so I can have my company position satisfied as one...

Hi - appreciate this community. Starting a new online business and would like to find the most optimal corp / tax setup. The tax in Sweden is around 50% (corporate + dividends). I'm looking to move abroad starting my business and would like to find the best solution which should include a good...

Hello everyone, I would love to get you guys opinion on my case: - I live in Sweden where my family is and where we bought our home. According to Swedish tax law, that makes me a tax resident of Sweden no matter where I go into the world. - I am planning to spend less than 6 months in Sweden...

Hey guys! Hope you are doing well! I’ve been looking information about being a freelance in Cyprus, but I did not find out any information. Do you know if there is any post talking about it? I would like to know what is the best option for a freelance there. Thanks!

Dividends of a non-dom individual originating from outside of Cyprus are not subject to the capital gains tax but are subject to GeSY contributions. How about capital gains from disposal of shares not related to real estate in Cyprus? They're not subject to capital gains tax either. But are they...

I want to buy an investment property in Cyprus. Owning additional properties personally is not an option for me, so I must own through a company. Cyprus companies are quite expensive, and time-consuming to set up. Around 1.5k+ EUR to set up, taking around 2 weeks. Then around 2.5k EUR minimum...

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...