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Real Client Senario - Individual looking for someone to register them with taxisnet

We illustrate one of our service provider who sent a quotation with 50% discount!

0 4137

Σχετικά με την έκδοση Αριθμού Φορολογικού Μητρώου (ΑΦΜ) παρακαλώ δείτε πιό κάτω τις χρεώσεις μας: 

Για εγγραφή ενός ατόμου το κόστος ανέρχεται στα 150 ευρώ + ΦΠΑ. 

Για εγγραφή δύο ατόμων το κόστος από 300 ευρώ + ΦΠΑ ανέρχεται στα 150 ευρώ + ΦΠΑ (50% έκπτωση) 

Real Client Question - I am from Israel wanting to relocate to Cyprus

A Youtube producer from Israel has enquired to relocate to Cyprus mainly for tax purposes

0 3178

Hi,

I'm looking for an accountant and some help, I moved here from Israel this year, I already opened a company here.

My business is online, I'm a video creator mostly on Youtube.

I Will be happy to discuss this with you at a zoom meeting or over the phone

How are dividends from Cyprus companies taxed?

Cyprus taxes dividends differently, depending on whether or not you are a Cyprus Tax Resident or not or if you are a Cyprus Tax Resident but non domicile!

0 3521

That’s a great question and the answer depends on who the recipient of the dividends is! 

The easier way to look at it is if you are not living in Cyprus your dividends will be 100% tax free. However, this changes when the shareholders reside in Cyprus! 

 

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

Enjoy worldwide tax free dividends in Cyprus by taking advantage of this special tax status Cyprus has to offer.

0 3139

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 17 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. 

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