Real Client Enquiry: Nominee Director / Shareholder for the Cyprus Company - Do we need one? Standard Admin / Monday, March 25, 2024 0 21 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 18 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 28 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 0 102 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 95 Article rating: No rating Read more
Country Tax Guide - Tax overview for global mobility - Accace Global mobility is very important, in order for the relocation of talent to happen in a smooth manner. However, it is a very complicated process for tax and payroll, where local specifics and international frameworks are equally important aspects. Kyriakos Tramountanellis abroad employmentaccacecountry tax ratescyauseCyprusdigitaldigital nomadglobal mobilitynomadtax ratesworkers 0
2022 NEW SUBSIDY PROGRAMS FOR CYPRUS COMPANIES & FAMILIES 2022 will be yet another year of EU / Cyprus financial aid programs to local businesses and families. We list below the programs that have been announced but not 'opened yet" for your information. If you would like us to assist you applying for any of the below simply drop us an email at kt@cyprusaccountants.com.cy and / or call us + 35722 336 321. Kyriakos Tramountanellis #funding#government assistance#moneyassistancecompaniescompanyCyprus FundsenterpreneureuEU subsidiesfinancialfinancial assistancefundinglimassolnicosiasubsidies 0
Upcoming changes to the business taxation agenda in the EU - Accace Article The European Union in order to support the post-Covid19 recovery needs a robust, efficient and fair business tax framework. Kyriakos Tramountanellis amazonbefitcompaniesebayetsyeu tax agendaeuropeshell companiestaxation 0
Cyprus Investment Firms - Class 2 CIFs - Changes on Capital Adequacy Reports This article should be read in conjunction with the article "Cyprus Investment Firms - Changes to Capital Requirements and Reporting". Kyriakos Tramountanellis #COREPcifcifsclass 2Cypruscyprus investment firmcysecELECTRONIC MONEY INSTITUTIONESMAfirmsforexFOREXFACTORYFXOWN FUNDSPRUDENTIALreportingsupervision 0
CySEC - Reporting Deadlines for CIFs CYPRUS SECURITIES AND EXCHANGE COMMISSION Kyriakos Tramountanellis capitalcapital adequacycapital marketscifscontrolscorepcrrcysecdeadlinesebaESMAguidanceIFsinternal auditlicensingreportingrequirements 0
Simple steps for the creation of a Cyprus Company All Cyprus companies must have the below set up Kyriakos Tramountanellis bankbankingcompanycompany ownercompany set upcreate companycreationcypriusdirectorsdirectory of shareholdershow tohow to create a cyprus companyincorporationlimassollimitedlimited companiesnicosiashareholderstips to open bank accountwhat do bank want 0
Tax Free Dividends - Cyprus Companies Yes, you have heard it right. You can enjoy tax free dividends owing directly a Cyprus company in the following two cases: Kyriakos Tramountanellis avoidcontrolCypruscyprus companiesdirectordirectorshipdividend taxdividend taxationdomiciledfree dividendslimitedlimited companiesmanagementnon domownerresidentshareholderspecial defence taxtaxestaxfree 0
Cyprus New Tax and Visa Relocation Incentives In its effort to increase the number of high tech and innovation chaedquatering, the Cyprus government has announced new visa and tax incentives to attract them, which are expected to be voted in January 2022. Kyriakos Tramountanellis 3rd countriesbusinessescitizenshipcompany set upCypruscyprus companiescyprus passportdigitalenjoy cypruseuexpatsheadquarteringlimassollive in cyprusmove to cyprusmove to eunaturilisationnicosianomadspaphospassportrelocationset up 0
Cyprus Investment Firms - Changes to Capital Requirements and Reporting New Changes to COREP Reporting – Summary Kyriakos Tramountanellis #COREP#Quarterly#tramountanelliscapital adequacycapital needscifcifsclass 1class 2class 3criteriacyauseCyprusexternal auditfundshelpicaapifdifrinternal auditInvestment Firmsk-factorkfactorspillar 3pillar iiireportingrisk to clientrisk to firmrisk to market 0
Is Cyprus a great place for technology companies? Lets face it low taxes can be obtained elsewhere as well. But Fun? Not really! Kyriakos Tramountanellis company set upcreate companyCypruseufintectgamingincorporationip regimeitjuristictionslimited companieslowtaxmove to cyprusmove to eunomadoffshoreonshorereduce taxationrelocationset upstart upstechcompaniestechnologytradetrade in euvideos 0