Recent content by sausage

So you mean, old Cypriot company gives out 200k loan to the new company and then I liquidate Cypriot company after one two years? Still keeping the new company? Isn't this a big risk of getting audited already in Cyprus because I try to liquidate a Cypriot company that still has an asset (the...

I already own another company in my home country so no extra costs to set up a new company. Even though I read that there is no offense in avoiding reporting as long as I have not received dividend/salary I would still prefer to give my tax agency as few reasons as possible to initiate any...

Thank you very much for your attention to my post. Are they really in no rush? What about that cases get prescribed after say 7-10 years? So whatever I do today will be prescribed in say 10 years? But maybe I got this wrong and they can come after me in 15 years for things not reported today...

Sorry, I meant to ask "how do I liquidate the company AND be able to take out the money from the company without taking any salary/dividend". So basically my initial question. I understand that I can legally take out dividends/salary as long as I declare it and pay taxes on it. It is just that...

Yes my bank has all my details (Scandinavian passport, utility bill etc). :confused: Moving is not an option so whatever I do it has to be without physically relocating. But no matter if my government knows or not, how would I liquidate the company? I want to close it down so just in case my...

Hello friends, Sorry for the long post, it has taken me long time to write my thoughts. I have a problem, I want to liquidate my Cypriot company but don't know how to move out the assets from it. Company details: One man Cypriot company doing software services (normal resident company paying...