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    Short tax residency options

    Today I've found something very interesting. Now that I got access to taxisnet (website to fill tax return) I found that there's a category on Social Insurance box that says "Δ/Ε Εισόδημα που δεν εμπίπτει στον περί Κοινωνικών Ασφαλίσεων...
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    Short tax residency options

    I'm also in Paphos. The problem is that the accountant is in Larnaca the one that is doing all my taxes. I've talked with a lot of accountants but the most professional I've seen is the Larnaca's one. The one who has the confirmation letter is in Limassol. I tried to buy the one from the ones...
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    Short tax residency options

    I'm doing it. My tax accountant sent a binding consultation to know if I have to pay Social Insurance. Anyway before the binding consultation, I went to Social Insurance in Paphos and the director said that wanted to talk with my tax accountant, so he can explain my activity. My tax accountant...
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    Short tax residency options

    I don't think the difference between 2,65% in Cyprus vs 1% in Bulgary is too big. Personally I prefer Cyprus because I don't have to create a company and I can do it as an Individual.
  5. C

    Short tax residency options

    This changes everything for good. I've read income tax law. And the definition of investment income appears. And it was updated the 01/01/2020. The definition I found in the Income tax law : "Investment income" means any income which is notacquired or resulting from any business, from hired...
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    Short tax residency options

    Are you sure that individuals with more than 70000 euros turnover don't have to do audited financial statements? Sorry for asking again. But I need to be sure.
  7. C

    Short tax residency options

    The problem is that I'm stuck here already because of covid. If not I would've been somewhere else. Individuals don't have to submit audited financial statements even if they have the 70000 turnover? I guess it's only for self-employed and companies because the requirement is in the companies...
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    Short tax residency options

    I see that you know about companies in Cyprus. Can you tell me the meaning of turnover in Cyprus tax law ? It's to understand if I have to submit audited financial statements.
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    Short tax residency options

    I'm talking about securities (shares, bonds, options, etc). They are exempt from income tax in the chapter 8 of Income tax law. 2 out of 4 big four says that for trading securities we just have to pay GESY. And the other 2 I think they will say the same just that I'm not gonna ask them because...
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    Short tax residency options

    I've talked with a lot of tax accountants and each one says something different: Most of them say that the only thing I have to pay is GHS. But if my turnover is more than 70000 euros I have to do audited financial statements. And I'm talking about reliable ones like PWC. There are other's...

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