Why it makes perfect sense to Relocate your Business in Cyprus! Why it makes perfect sense to Relocate your Business in Cyprus! Standard Admin / Thursday, July 4, 2024 0 169 Article rating: 5.0 Hello, today I will explain to you in 2 minutes why it makes perfect sense to Relocate your Business in Cyprus. Read more
Cyprus Crypto Tax for Companies and Individuals - no more ambiguity. We have it in writing! Cyprus Crypto Tax for Companies and Individuals - no more ambiguity. We have it in writing! ARTICLE - More clarity once again! Following the receipt of more tax rulings from the Cyprus Income Tax Office, Crypto Currency Taxation is clear. We will break down the below analysis in two parts; the taxation of Companies and Individuals. Standard Admin / Friday, May 24, 2024 0 64 Article rating: No rating Read more
Cyprus Crypto Tax - Increases in wallet gains. Are they taxed? How? Cyprus Crypto Tax - Increases in wallet gains. Are they taxed? How? Standard Admin / Friday, May 24, 2024 0 622 Article rating: 2.0 The most common question asked by our clients with regards crypto tax is offcourse whether or not increases in the value of their coins are taxed in Cyprus. Initially I thought this was a bizarre question but over the last few weeks it has become apparent that some European Countries do tax the unrealised gains. So what about Cyprus? Read more
Cyprus Crypto Tax - Frequently Asked Questions Cyprus Crypto Tax - Frequently Asked Questions Are individuals taxed on crypto trade in Cyprus? Individuals trading in cryptos are subject to PAYE tax as any self employed person would be taxed. This means that the profits on their trades will be added to their existing salaries and be taxed usually at 35%!! Standard Admin / Friday, May 24, 2024 0 2118 Article rating: 4.3 Read more
Cyprus Crypto Tax for Companies and Individuals Cyprus Crypto Tax for Companies and Individuals One of the biggest advantages of Cryptocurrencies is that they are decentralised which is important for tax purposes as it implies that the tax treatment of the profit earner from Crypto transactions is determined by the country of Tax Residency of the Legal (Company) or Physical Person. Standard Admin / Wednesday, May 22, 2024 0 1520 Article rating: 5.0 Read more