Hello
as I've started to get things in motion for my move to Cyprus. I wasn't exactly pleased with learning that my future company, as an employer of myself, will have to pay 26% of employer's tax on what it pays me as a salary. Considering also that accountants charge specifically for payroll, payslips and the like, I was wondering if anybody could share their thoughts about these two possibilities:
being simply a business owner, no salary, only dividends and getting a private medical insurance (ideally just for the 2-3 months I spend in Cyprus, which would always be Jan Feb and March) in order to become a non-dom resident
vs
owning the business but being also and employee of it, having therefore payslips, employer's contribution payments and, because of this, having a right to the Cyprus national healthcare system
I'm an EU passport holder, I'm in my late 30s, I don't smoke, drink normally or less than that, no conditions, good health and would just need the private insurance for those 3 months tops.
Many thanks
as I've started to get things in motion for my move to Cyprus. I wasn't exactly pleased with learning that my future company, as an employer of myself, will have to pay 26% of employer's tax on what it pays me as a salary. Considering also that accountants charge specifically for payroll, payslips and the like, I was wondering if anybody could share their thoughts about these two possibilities:
being simply a business owner, no salary, only dividends and getting a private medical insurance (ideally just for the 2-3 months I spend in Cyprus, which would always be Jan Feb and March) in order to become a non-dom resident
vs
owning the business but being also and employee of it, having therefore payslips, employer's contribution payments and, because of this, having a right to the Cyprus national healthcare system
I'm an EU passport holder, I'm in my late 30s, I don't smoke, drink normally or less than that, no conditions, good health and would just need the private insurance for those 3 months tops.
Many thanks
