CYAUSE Articles

As a business owner, ensuring you have competent and reliable accountants is crucial for the smooth operation and financial health of your company. Today, we'll share some comprehensive tips to help you determine whether you have top-notch accountants or if it might be time to consider making a change.

In May 2021, our family embarked on a new chapter by relocating to Cyprus—a decision influenced by multiple factors including the desire for a fresh family experience, financial considerations, and a yearning for a slower pace of life. Given that both my partner Roman and I work remotely and hold a Portuguese passport, which I secured in April 2021, we had the flexibility to move to any country within Europe. Ultimately, we chose Cyprus.

In recent years, cryptocurrencies have gained significant popularity, and with that comes the need for clarity on how they are taxed. At CYAUSE Audit Services, we have dedicated extensive resources to understanding the intricacies of cryptocurrency taxation in Cyprus. Our team has obtained crucial tax rulings and information from local experts to provide you with the most accurate and up-to-date guidance. Below, we offer a detailed overview of how cryptocurrencies are taxed in Cyprus and the implications for both individuals and companies.

Cyprus Tax Incentives for HNWIs (High Net Worth Individuals)

In a nutshell, such a person can enjoy tax free dividends across the globe by staying in Cyprus for only 60 days and becoming a Cyprus Tax Resident. Like all tax incentives certain requirements and restrictions apply as follows:

Have you ever considered retiring to the Mediterranean and living in Cyprus? If you're contemplating a move to a new country, Cyprus stands out as a potential new home, offering a high quality of life, a warm climate, and a rich cultural tapestry. However, before you take the plunge, it’s important to understand the realities of living in Cyprus. This article will provide you with a comprehensive overview of what life on this stunning island is truly like.

We are extremely happy to confirm that Cyprus is still the preferred insurance carrier / vessel for EU pass-porting. Preferred mainly by established UK insurance agencies and brokerages Cyprus offers a fast, reliable and cheap vessel into the European market.

In this article we will share with you the most common frequently asked questions by prospect clients who turned into real clients for their licensing accounting, audit and tax needs.

Cyprus, known for its vibrant economy and strategic location, is home to a well- regulated financial services sector. If you're considering doing business in Cyprus or are simply curious about its regulatory landscape, understanding the different types of regulated entities is crucial. Let’s break it down in a way that's easy to understand and engaging.

At CYAUSE Audit Services Ltd, we aim to provide our clients with clear and concise information about their tax obligations. One critical area that often confuses many is the dividend tax, especially regarding
profits retained in a company. Below, we outline a scenario to illustrate how dividend tax works in Cyprus and the implications for business owners.

In Cyprus, there are two primary methods for closing down a limited by shares company: the Strike Off Process and the Liquidation Process. In this short quide we examine the main differences of the two and the future implications to the tax payer.

Purpose of this article
To provide a solid, workable solution to the UK non domiciled persons, following the surprising move of the UK tax authorities to tax them on their worldwide income.