Cyprus Non Dom Dividends from companies - Who should be manager?
- Thread starter bigbite100
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Needs to be assessed in detail by an adviser in Gibraltar. Corporate income is taxable in Gibraltar if it's accrued and derived from Gibraltar. So it depends on what exactly your company does and how things are set up. If you plan to move to Gibraltar and want to make use of the territorial tax system, work with a good tax adviser/lawyer to find a solution to ensure your income is not considered accrued or derived in Gibraltar.
Okay so in that case it means if a gibraltar company sends an invoice to a US LLC it is taxable, because we are talking dividends here, right?
sorry, misunderstanding. you talked about dividends before. that is what i meant.
i mean because you were talking about dividends, just sending an invoice from a gibraltar company to a Non Gibraltar company would still be taxed with 12,5%. so in that case, Gibraltar doesn´t have any advantages to just staying with a CY company.
and @Sols what do you think?
i mean because you were talking about dividends, just sending an invoice from a gibraltar company to a Non Gibraltar company would still be taxed with 12,5%. so in that case, Gibraltar doesn´t have any advantages to just staying with a CY company.
and @Sols what do you think?
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