NEW TAX RESIDENCY REQUIREMENTS

 

NEW TAX RESIDENCY REQUIREMENTS
"60 Days Rule"

 

Voted 14.07.2017

REQUIREMENTS


> 60 Days of Stay in Cyprus Only!!! 
Effected for the Tax Year 2017
and
< 183 Days of Stay in any Other Jurisdiction
and
Are Not Tax Residents Elsewhere
and
Have Defined Cyprus Ties
such as
Rent or Own Permanent Resident in Cyprus 
and / or
Contacting Business / is an Employee / is a Cyprus Company Director 


BENEFITS


Worldwide Tax Free Dividends
Worldwide Tax Free Passive Income
Disposal of Securities are Tax Free
Employment in Cyprus - Significant Salary Tax Reduction 
("First Employment in the Republic" rules)
Employment outside Cyprus – Tax Free Income


And Many More...

Need Assistance?
Drop us an e-mail at kt@cyprusaccountants.com.cy


Always a Pleasure Doing Business With You!!!
Thank you,

Kyriakos Tramountanellis