Real Client Enquiry: Nominee Director / Shareholder for the Cyprus Company - Do we need one? Standard Admin / Monday, March 25, 2024 0 28 Article rating: No rating Read more
Real Client Expenses: Cyprus Company Expenditure - Reclassification what is allowable and what is not Standard Admin / Monday, March 25, 2024 0 26 Article rating: No rating Read more
Real Enquiry: I’m looking to setup as a non-dom in Cyprus and will have Cryptos Gains - how will i be taxed? One of the main reasons I’m interested in the Cyprus non-dom status is if I can cash out/ sell my crypto assets to €’s which I have been holding for several years. Standard Admin / Monday, March 25, 2024 0 44 Article rating: No rating Hi, I’m looking to setup as a non-dom in Cyprus. My income comes from a UK Ltd company which is around £50,000-£100,000 per year. My tax residency is currently Spain, but I want to leave the country. One of the main reasons I’m interested in the Cyprus non-dom status is if I can cash out/ sell my crypto assets to €’s which I have been holding for several years. I realise for the non-dom status I would need to spend 60 days within the country per year and rent or purchase a property. My question is would the crypto profits be taxed at 0%? I keep reading conflicting things on different lawyer websites. How much are you fees for this setup? And annual accounting? Thank you Read more
Trading in Cyprus. Easy? Complicated? Trading in Cyprus. Easy? Complicated? Kyriakos Tramountanellis x / Tuesday, August 30, 2022 0 113 Article rating: No rating Doing business in Cyprus is pretty easy and straightforward. Unless you are dealing with any of the below industries no operating licensing is required: Read more
Learn how to Read your Financial Statements Learn how to Read your Financial Statements Kyriakos Tramountanellis x / Wednesday, August 17, 2022 0 102 Article rating: No rating Read more
New Cyprus Central Bank Heavy Requirements for Cyprus & Non Cyprus Companies Share Written By Kyriakos Tramountanellis Tags 2020-11-30 As of the 14th of June 2018 it will no longer be possible to open a Cyprus bank account to a "Shelf" or "Letter Box" Company. Whether the origin of such company is Cyprus itself or a "Tax Heaven" Jurisdiction (such as the BVis, Seychelles, Belize, Lichtenstein,) the opening of a Cyprus Bank account will no longer be possible unless real substance is demonstrated to the local banks. Read our Article on Linked In here.