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Cyprus has a vast network of 62 (approx.) double tax treaties in place with countries both in EU and outside the EU. Please refer to the last pages of the PWC tax guide below: https://www.pwc.com.cy/en/publications/assets/tff-eng-2021.pdf

Hello Royalties received in Cyprus from USA attract no withholding tax. Please refer to article 14 here: (https://www.irs.gov/pub/irs-trty/cyprus.pdf) Just a clarification on the IP box regime. The IP box involves only qualifying assets which explicitly excludes business names, brands...

Hello @LUKSO I will urge you to consider Cyprus as an option. It is an EU country and has one of the most beneficial tax regimes in EU. Currently Cyprus attracts a lot of interest from Crypto investors and Crypto service providers around the Globe. At present date no legislation was enacted...

Hello I would agree with @Sols that to properly setup a bulletproof structure in an offshore jurisdiction would require for you to relocate and build proper substance. This means that you would need to obtain tax residency in that country and abandon your residency in Norway. I would suggest...

Hello I can confirm that if one obtains the status of a non-domiciled tax resident of Cyprus, he/she will be exempt from Special Defence Tax ("SDC") of 17% and will only be liable to a trivial 2.65% GESY (National Health System Contribution) on those dividend income with a cap of Euro 180,000...

I was stating my assumptions pertaining the Cyprus level alone. Other countries like the USA have implemented laws and are taxing cryptos upon conversion to each other. France on the other hand stated that no tax will arise on conversion between Crypto assets but only once the Crypto Assets are...

Apologies for the oversight. For individuals the concept of taxation is the same and in the absence of regulation tax will be imposed at the different bands as follows: €19.501 - €28.00020% €28.001 - €36.30025% €36.301 - €60.00030% €60.000 +35% Again in the absence of...

When it comes to the taxation of cryptocurrencies these will fall under the same tax principles as with any other business activities and a tax rate of 12.5% will apply. The tax trigger is thus when one cryptocurrency/altcoin/stablecoin is exchanged to fiat currency. in addition, there is no...

Just to clarify - the provisions stated above do not concern the separation between professional investor and passive trader but instead this was part of anti-avoidance legislation to avoid shifting profits from a very low tax jurisdiction (tax haven). The concept of professional investor...

Hello There is no separation between professional investor and passive investor in the Tax legislation so I am not sure were did you receive information that professional traders are taxed differently. Cyprus at the moment attracts a lot of daytraders dealing in stock markets, money markets and...

Hello I must recommend Akis Papakyriacou LLC, a law firm offering a vast array of services focusing on corporate matters. I had several dealings with this firm many times in the past and always exceeded my expectations. My advise as currently the legal and tax framework in Cyprus is rapidly...

Hello Dazl Could you please share more info so that we can understand what structure you current have in place for your company in Seychelles and what is the connection with Cyprus? Just to note that, Seychelles is currently considered a tax haven jurisdiction and has been blacklisted by the...

Hello Please see below correct calculations in the three scenarios you presented above, which I hope can help you decide on the best optimised structure for your companies: Company A - Amazon FBA (Ecommerce) Self employed taxes and contributions: Payout (Salary assuming self-employed...