Greece 2.5% Divi Tax, alternative to Cyprus Non Dom Divi of 2.65%

[orangekangaroo]

Greece and tax friendly does that exist?

Greece has some of the lowest dividend taxes in Europe at 5%. For anyone moving their tax base to Greece for 2021 will get a 7-year reduction of 50%, making the Divi effectively 2.5%. This would be interesting to anyone who has a company with substance abroad, so you don't get caught by Permanent Establishment rules.

This could be an alternative to moving to Cyprus to qualify for the Non-dom status with an expensive Cyprus company setup (to employ yourself) and the 0% divi which has the 2.65% health payments attached to it for the first 180K.

 

[FreeBit]

Then what would be the setup?
Estonian company to include the cryptotrades and greece residency to receive divis?

 

[Mr Gus]

FreeBit said:
Then what would be the setup?
Estonian company to include the cryptotrades and greece residency to receive divis?
Click to expand...

Malta + Greece

 

[orangekangaroo]

Estonian company pays 20% at distribution. Greek holding company should get around this. PE rules could make this hard. Would only work if you have substance abroad.

 

[FreeBit]

wie7se said:
Malta + Greece
Click to expand...

35% corporate tax (-30% returned in "15 days") + 0% tax on foreing income (+100k€ tax per year + 500k€ investment)
wont' be easier to work with a bulgarian company? (10% corporate tax)
is it advisable to change the trading accounts to my company's name after being trading 5 years with those accounts?

 

[aacasino]

orangekangaroo said:
Greece and tax friendly does that exist?

Greece has some of the lowest dividend taxes in Europe at 5%. For anyone moving their tax base to Greece for 2021 will get a 7-year reduction of 50%, making the Divi effectively 2.5%. This would be interesting to anyone who has a company with substance abroad, so you don't get caught by Permanent Establishment rules.

This could be an alternative to moving to Cyprus to qualify for the Non-dom status with an expensive Cyprus company setup (to employ yourself) and the 0% divi which has the 2.65% health payments attached to it for the first 180K.
Click to expand...

Do you have any details on how to kick off this process. We have a company in Malta and are now residing in Greece.

 

[gmbh]

orangekangaroo said:
This could be an alternative to moving to Cyprus to qualify for the Non-dom status with an expensive Cyprus company setup (to employ yourself) and the 0% divi which has the 2.65% health payments attached to it for the first 180K.
Click to expand...

You don't need a Cyprus company and employ yourself to get the non-dom status, if you can proof sufficient income/funds.

 

[orangekangaroo]

gmbh said:
You don't need a Cyprus company and employ yourself to get the non-dom status, if you can proof sufficient income/funds.
Click to expand...

Yes, I saw a video on Youtube about a similar claim. Do you know what would classify as sufficient?

 

[gmbh]

orangekangaroo said:
Yes, I saw a video on Youtube about a similar claim. Do you know what would classify as sufficient?
Click to expand...

No. I don't even know if there are strict rules/numbers available. When I did it my agent provided some bank statements and they accepted it.