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.
 
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.
 
Is possible to do this or find a way around if you⁠ don't have EU citizenship or it gets too complicated?
 
nice to post something what is possible so it get's informative for⁠ the rest of us reading this thread!

What did you figured out in order to solve this problem?
 
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