Cyprus company formation question

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29endlesspower

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Mar 19, 2024
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Hey guys!

I am a Cypriot resident and was born and raised here. I also did army here.

I want two things:

- I want to leave Cyprus and live in Netherlands or Norway
- I want to get rid of the army trips by doing the above

How can I set up a company and not pay SDC? Is there any solution to this? I am pretty sure it's impossible for me to get non-domicile, but was just wondering if there is a workaround for this, since with SDC, the taxes are close to that of a sole trader. My income right now is around €84k/year, but expected to rise.

Thanks!
 
For example, you︁ could operate as a branch office of a foreign company in Cyprus.
Assuming you don't︂ qualify as a tax resident in Cyprus but are a tax resident somewhere else, you︃ could save tax this way.
Norway and the Netherlands do not seem like the most︄ optimal countries for this purpose, but a Norwegian/Dutch company with a branch office in Cyprus︅ would indeed not pay SDC.
Tax residency in Estonia + Estonian company with a branch︆ in Cyprus would be a total of just 12.5% CIT in Cyprus, and no more︇ taxes in Estonia.
 
WOW! That's crazy! How long do‌ they last? What do you actually do there (like practice shooting or something)?
 
strange why they didn't respond to the thread! or‍ did they DM you ?
 
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