Start-up to Cyprus (UK Citizen) Start-up to Cyprus (UK Citizen) Kyriakos Tramountanellis x / Thursday, May 12, 2022 0 79 Article rating: No rating I am shortly moving to cyprus and I have to work. Atm my business is in uk and I am hoping to continue this by making return trips to the UK. I do also want to start up in cy as self employed. My question is who do I pay my tax to? , do I continue to pay my tax to the UK even though I won't be residing there? Or do I include my earnings with cyprus tax . Read more
Digital Nomad in Cyprus Digital Nomad in Cyprus Kyriakos Tramountanellis x / Thursday, May 12, 2022 0 64 Article rating: No rating I found a remote job at a German company that allow me to work from Cyprus. Now i'm searching and comparing consultant services to help me setup the best tax system, so that i pay the least amount of taxes on my salary. From what i already know, i can pay about 2,65% of taxes on my salary, if i stick to certain rules like being in cyprus for XXX days per year and being in other countries for XXX days per year. Read more
Funding Scheme for the introduction of an Ecological Management and Control System in Businesses. Funding Scheme for the introduction of an Ecological Management and Control System in Businesses. Kyriakos Tramountanellis x / Wednesday, May 11, 2022 0 59 Article rating: No rating Σχέδιο για Πράσινη Οικονομία για επιχειρήσεις Read more
New Funding Scheme for the installation or replacement of a solar water heater in homes New Funding Scheme for the installation or replacement of a solar water heater in homes Kyriakos Tramountanellis x / Wednesday, May 11, 2022 0 62 Article rating: No rating Σχέδιο χορηγιών για εγκατάσταση ή αντικατάσταση ηλιακού θερμοσίφωνα σε κατοικίες ύψους €600 χιλ. Read more
Πρόγραμμα Σταθερότητας Κύπρος 2022-2025 Πρόγραμμα Σταθερότητας Κύπρος 2022-2025 Kyriakos Tramountanellis x / Tuesday, May 3, 2022 0 68 Article rating: No rating Nέο Σχέδιο Σταθερότητας για τη Περίοδο 2022-2025. Read more
Cyprus- Entry Requirements for Ukrainian war refugees Share Written By Kyriakos Tramountanellis x Tags cyprus eu relocationcyprus immigrationcyprus visaentry requirementsrelocation cyprusukraine expatsukraine in cyprusukrainian visawar refugeeswork permit 2022-03-17 Cyprus has taken almost 3000 Ukrainian refugees based on the ministry of Exterior announcement. More details for the entry requirements of the Ukrainian to Cyprus can be found on the official website of the Ukrainian embassy in Cyprus. The Labor Ministry of Cyprus is considering express work-permit procedures for such nationals in a bid to also help them financially. Below are the documents that the refugees are required to get a temporary working permit. However, the procedure will change for Ukraine citizens due to the situation that brought them to Cyprus in the first place. 90 days Free Pass in Cyprus: Ukrainian citizens wishing to visit Cyprus and holding a biometric passport do not need a visa to visit and stay in Cyprus for up to 90 days. If they do not have a biometric passport, they can apply to the Consular Section of the Embassy in person, or through a travel agent, to obtain an entry visa. For a period of stay of up to 90 days, the pro-visa arrangement is valid, which can be done electronically, through the corresponding link on Cyprus embassy website here. The application must be submitted no earlier than 3 months and no later than 3 days before coming to Cyprus. EU Activates the Protection Directive: The Directive ensures that the refugees will have access to housing and medical assistance and will be granted to war refugees without having to go through lengthy asylum procedures. In Cyprus only 9 people are asking for asylum, most of the expatriates want to rent an apartment and are asking for work permits to be able to work and support their families. Work Permit Procedure Cyprus: The procedure for the work permit didn’t change for Ukraine citizens. We strongly advised the war refugees to check here for any updates. The work permit required documents are as follows: Required documents: Application on forms M.58 and M.64 A photocopy of foreigner's passport A clean criminal record certificate of the foreigner Medical certificates of the foreigner A Bank letter of guarantee for 200-500 EUR , depending on the country of origin of the foreigner, to cover possible repatriation expenses, valid for six months after the expiration of the work contract A work contract, stamped by the Department of Labour of the Ministry of Labour and Social Insurance and stamped with a revenue stamp from the Revenue Stamps Registrar. A fee of 20 EUR for submission of application We anticipate that the above procedure will be more flexible for war refugees, please contact us to inform you for any updates. CYAUSE Audit Services We are truly an A to Z stop for local and international companies operating in Cyprus and the rest of the world. From back-office support, to Accounting, Payroll, Audit, Tax and Funding Engagements, CYAUSE Audit Services Ltd offers continuous high-level services to its International and Local clients. Our focus is not merely to keep your accounting records in shape and up to date at all times but rather to assist you prospect and grow together. This has always been our mission. This is why over the last few years we gained the expertise on local government subsidies, EU grants and EU subsidies, to assist tour clients even further. From the Far East to Central Europe CYAUSE Audit Services has clients from every corner of the world and specialises in the provisions of 100% support to international interest engagements and the Creation of any Company and Bank Account Anywhere in the World. Our membership with ACCACE (European Network) and 3E International (Asian Network) ensures that we are wired and closely connecting in all jurisdictions getting the latest corporate news and tax developments ensuring our tax planning is accurate and validated before finalisation. These memberships also ensure that we have fast access to accurate information needed by our clients. CYAUSE Audit Services is an Audit & Assurance firm with offices in Nicosia and Limassol in Cyprus. During 2015 we have been awarded by local regulator I.C.P.A.C and the A.C.C.A (local and international association of Chartered Certified Accountants) for the Quality of our Audit Services and our Office Procedures. Over the last years we have also been brave enough to create our own YouTube Channel which provides Explanatory Videos on Corporate Cyprus something of great value especially for overseas prospects considering relocating or setting up Cyprus Companies. Amongst others we cover the following tutorials in video form: Cyprus Taxation How to Set up a Cyprus Company Cyprus Tax Tips Business Advice Tax Advice Interviews with Businesses and many more. Our website www.cyprusaccountants.com.cy also provides a plethora of tax information about various jurisdictions as well as Cyprus Tax Calculators and Access to our Articles which you can use at your own time. If you would like us to assist you applying for funding or any other related matter, contact us at: kt@cyprusaccountants.com.cy +357 99 428 543. Thank you, Kyriakos Tramountanellis