Taxes

The Cyprus Government has recently introduced further tax incentives for employees moving to Cyprus for work and in particular for Employees of Foreign Interest Companies which choose Cyprus as their Headquartering base. These incentives have been introduced in addition to the simplification of Immigration procedures and the introduction of new Visa Schemes, such as the […]

When starting a business, many entrepreneurs overlook an important early step: Registering their trademark. This can protect them in a lawsuit, provide constructive notice of their ownership, and create a brand that stands out. An increasing number of people decides to start their own business. If you belong in this category of individuals, you need

As we are approaching the end of the calendar (and tax) year, we have had quite a few requests and questions on Cyprus’ in-famous 60-day rule.  This combined with the applicable ‘Non-Dom’ regime has proven extremely popular with location-independent entrepreneurs and business people.  What does it mean to be a Cyprus Non-Domiciled Tax Resident?  Individuals

In February 2022 the House of Representatives amended the Central Agency for the Equitable Distribution of Burdens (Recommendation, Purposes, Responsibilities and Other Related Issues) Law of 1989 (Law 141/1989) (the “Law”), introducing a levy of 0.4% on the selling price of immovable property in Cyprus. The same levy is imposed on the sale of shares

Individuals wishing to move to Cyprus and become Cyprus tax residents have the opportunity to enjoy, for at least 17 years, a full exemption from withholding tax on worldwide dividend and interest income. Tax Residency for Individuals in Cyprus As per applicable tax rules, an individual who remains in Cyprus for more than 183 days