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  1. H

    UK credit cards and/or bank accounts -> tax residence?

    I'm curious if anyone has ever heard of possession of UK credit cards and/or bank accounts being used to argue that the holder should be considered UK tax resident, despite not qualifying for any other reason (i.e., spending less than 16 days, having very few ties, and so on, as per the SRT)...
  2. H

    Cyprus - taking crypto profits into USDC

    Has it been established whether taking crypto profits into USDC is exempt from tax in Cyprus? Seems like crypto to fiat is taxable, but crypto to crypto is not. Just wondering whether the proposed legislation distinguishes stablecoins. Otherwise, taking profits into USDC and getting interest...
  3. H

    Obtaining an MEU3 in Cyprus

    Anyone who's applied for an MEU3, i.e. permanent residence (you can do this after 5 years of temporary residence): if immigration can simply check flight arrivals and departures, what's the point of going to the extent of keeping extensive records, credit card transactions, boarding passes, and...
  4. H

    Cyprus record-keeping

    How actively do the tax authorities test presence for sixty days in Cyprus for tax residence? Should one keep appropriate credit card transactions? Are there any cases of people having their tax residence rescinded because of this?
  5. H

    Treatment of UK ISAs in Cyprus

    In the UK you can add £20k per year tax-free for investing in stocks, shares, ETFs, etc. Does anyone have experience with how the appreciation or dividends are taxed on these in Cyprus?
  6. H

    Has anyone moved tax residence from Cyprus to UAE?

    Has anyone moved tax residence from Cyprus to Dubai? As per the title of the thread. Just interested in first-hand experience of this process, how much hassle the tax office in Cyprus may have caused/how much proof they asked for of a genuine move, and whether you stayed in the UAE for six...
  7. H

    Problems with this setup?

    How about: open a Cyprus company, and pay a monthly salary from it (and social insurance contributions) but not actually trade with it. Motivation: 60d tax residence (this requires either Cyprus employment or a Cyprus company to be maintained year-round), and also rights to healthcare via the...
  8. H

    Signing contracts and PE

    Could signing a contract (via Docusign) as a one-off while travelling ever be deemed as creating permanent establishment? Seems like most definitions of this determine that PE is created by a branch *and* habitual signing of contracts, rather than the occasional ad hoc signing.
  9. H

    Cyprus Exit taxation and getting out of the EU

    I've read @Martin Everson in multiple places warning about the EU, get out before it's too late, etc. This poses a slight difficulty to those of us wanting to hedge against Brexit a little by establishing residence in an EU member state before the end of the transition period. (Easier service...
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    Requesting Cyprus non-dom *and* 60 day tax residence in the same year

    Has anyone requested non-dom status and 60 day tax residence in Cyprus in the same year? I was told by a couple of people that the tax office can regard this as overly aggressive and prefer you to stay for 183 days for the first year. Also, should one ask for the 60 day TR as early in the year...
  11. H

    Best company to operate from Cyprus

    Looking to transfer my tax residence to Cyprus. I have a UK company already, and one other director (not a shareholder) in the UK. I may render this dormant and close it. I'm planning to set up a Cyprus company. To my mind, the main advantage of doing this is for the 60d tax residence. It's...
  12. H

    Have UK LTD, planning move to Cyprus

    Currently UK tax resident and sole director/shareholder of UK LTD doing IT services. Clients tend to be UK/Swiss. Planning to move to Cyprus partly as a hedge against Brexit, although some other reasons as well. This is already quite far along. (In some ways Malta would be preferable for access...

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