Articles

Non-Domiciled Rule. What does it mean for me? 

The non-domiciled rule is a clever tax law which was introduced by the Cyprus Income Tax office few years ago and it is a tax status for individuals who have not been living in Cyprus 12 out of the last 20 years. 

Benefits of this tax status? 

Individuals who are living in Cyprus and are tax residents but not domiciled are not subject to special defense tax which applies to dividend income, interest income and rental income.  

Therefore, an individual with worldwide dividend income is entitled to tax free dividends 

I have received an offer from 5 firms. What to do next? 

You have received 5 offers from audit and assurance firms within your specified criteria! That is great. Have a chat with the engagement partner and get a feel of the firm. You may even consider visiting them to assess their culture and if it meets yours.

Service providers credentials 

To register as a service provider with finhub the following credentials are required: 

• They are members of local ICPAC (Institute of Certified Practicing Accountants in Cyprus) 

• ICPAC has not raised any issues or concerns towards their practice. 

• They are members of International Professional Association of A.C.C.A and I.C.A.E.W 

• Their accountancy practice has been in business for more than 5 years. 

• They meet fin hub's quality control procedures. 

How to use Finhub to get a quotation for professional services 

Finhub has been designed to save you the user and the service provide time. The service is free, fast and reliable making it the easiest way to obtain accurate quotations from validated audit and assurance firms. 

Simply select the service you need from the drop-down menu, enter your budget and a short description of your exact needs and answer to our questions which have been designed in such a manner so that the the service provider will obtain the necessary information to provide you with an accurate and binding quotation. 

For the user the process should not take more than 2 minutes.  

Tips for an effective enquiry. Read the Article

How to use FinHub to find an accountant? 

If you are reading this article, then you are at the right place! Our service is free, fast and easy and intuitive. Just follow the tabs and without knowing the process will be over.