How do work cyprus scheme

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theotheo

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Aug 3, 2023
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Hello

I am not sure about how Cyprus scheme works

I am freelancer in IT and work remotely
Income 170-200 K EUR
I can leave and work from Cyprus
I can either stay 2month or more than 6 month in Cyprus

What scheme can be efficient ?
Thanks
 
It's been discussed dozens of times already. If you're an EU national or otherwise have the right to live and work in Cyprus, just go there, get a place to live, set up a local company, get non-domicile exemption, pay 12.50% corporate income tax, and pay yourself dividends instead of salary. The only tax you have to pay is around 2.65% GHS (max around 4,800 EUR/year).

Very simple. Have a good lawyer or accountant set everything up for you and manage your company. Will cost a few thousand EUR a year.

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This is the probably the answer to your question.
 
Different schemes are available and much of it depends on whether you have EU citizenship. Let me know if you want to discuss and I can PM you.
 
CyprusLawyer101 said:
Different schemes are available and much of it depends on whether you have EU citizenship. Let me know if you want to discuss and I can PM you.
Click to expand...
nice to post something what is possible so it get's informative for the rest of us reading this thread!

mrsv said:
Is possible to do this or find a way around if you don't have EU citizenship or it gets too complicated?
Click to expand...
What did you figured out in order to solve this problem?

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