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Not exactly, your profile will need to be in line with each institutions acceptance policy to onboard you. Also, certain activities require that you have a licence (i.e P2P trading desk) to accept you and they will ask details for your AML policies as well. Let me know if you need further...

My firm can assist with an A-Z service. Please let me know if interested and I can PM you

From our experience all options above work perfect. Happy to PM if more info is required

This is correctz. However, other liabilities may arise if your main activity is actively trading in financial instruments as a sole-trader, such as social insurance contributions at the level of 15.6% and 4% Gesy. Each case needs to be reviewed on its own merits though.

There are SaaS applications that you may use such as Quaderno. Also please check the below as these will be relevant in your case: One Stop Shop (”˜OSS') SaaS is considered ”˜Electronic service' under EU Law (and local legislation). The place of supply for VAT purposes of B2C sales (Business...

I would not recommend this structure for the following reasons: (1) Becoming tax resident of Cyprus using the 60days rule requires that you were not tax resident in any jurisdiction in the prior tax year and also you must have sufficient business ties in Cyprus. This means a Cyprus company...

Are you a director of the Spanish company or just a 50% shareholder? Being a tax resident of Cyprus you are subject to tax in Cyprus on your worldwide income. Dividend income from Spain is tax exempt in Cyprus. It seems however that under article 10(2) of the DTT between the two States a WHT of...

Hi @mickey I will only discuss tax matters below and avoid discussing licencing issues and operating an unregulated HF as this needs deep consultation. Please see below: A US LLC is considered a tax transparent vehicle and permanent establishment abroad. This means that the income tax law...

Indeed, I total agree with Sols and Koohl. Forming a tax resident company while the investor/majority shareholder resides abroad needs careful planning from both Cyprus level and the country of residence of the shareholder. PoEM on Cyprus level is satisfied (as Sols mentioned) by using local...

If you are employeed by a foreign company, you will probably pay taxes in that foreign company (i.e. this is the case for Germany). Officially, living in another country for longer than 3 months is only possible, if your company officially sends you there. Otherwise, there are issue with social...

The minmum annual security for self employed depends on each profession. The amount you indicated is for kost professions so expect the same. However, all our clients relocating to Cyprus form a company for tax optimisation. The non-domicilaition status provides exemption of Special defence...

The order you mentioned is correct

There is a cap on annual contributions of €57,408 income Also there is NHS at the level of: - 2,65% - employee -2.9% - employer -4% - self employed NHS has a cap on €180k of annual income Minimum wage is only applicable for certain professions. Since 1.1.2023 the Council of Ministers...

Hi Please specify. You are asking socioal insurance contribution rates for which status?: an emoyee, employer or self employed?

This is indeed wierd and very risky if they are operating in this manner. The EU threshold is €10,000 B2C per annum. This is not per country but applies to sales in entire EU

Crypto is a way of payment and not a separate provision of service to be capable of providing a VAT exemption. As I said before there is currently no VAT exemption under EU law for settling products/services using crypto.

No this is illegal. The EU law does not provide any VAT exemption for settlement of invoices via crypto. I would assume that any crypto transactions that this company makes are not reported to any authority.

You can use an app monetization platform to carry these tasks for you, but from what I understand they require 20%-50% royalty fee

This is not true. Citizens of non-EU countries need permission from the Council of Ministers to acquire property in Cyprus. This procedure is a mere formality, since permits are issued without any restrictions. Only two things are checked: whether the buyer has any problems with the law and...

Hello A Cyprus company will be a good fit in your case. The overall setup process is quite easy and with correct tax planning you can avoid CFC rules between Dubai - Cyprus. My suggestion, you can keep the structure lean and operate through a Cyprus company alone in combination to acquiring...