A AndyAresa 🗣️ Active Recruit Feb 17, 2022 122 0 161 Feb 19, 2025 #21 generally, yes, but the accountants shall also take their fees for additional payroll processing
JimBeam 🧠 Recognized Voice Jan 20, 2017 924 0 161 Feb 19, 2025 #22 Well, then it's up to you to do the math: Salary cost (social contributions + GESY) + additional accountant costs --- VS --- dividends only + private insurance costs
Well, then it's up to you to do the math: Salary cost (social contributions + GESY) + additional accountant costs --- VS --- dividends only + private insurance costs
Houdini Fake user - Alias of JohnLocke Mar 29, 2016 1,074 0 161 Feb 26, 2025 #23 And when does that debt have to be repaid? Will it be taxed as personal income if you live in Cyprus, or would that be illegal?
And when does that debt have to be repaid? Will it be taxed as personal income if you live in Cyprus, or would that be illegal?
C CyprusLaw 🧠 Recognized Voice Mar 5, 2021 775 0 161 Feb 26, 2025 #24 Why would it be taxed as personal income? This is dividend income. If you have a non-dom status you pay no tax/SDC on dividend distribution.
Why would it be taxed as personal income? This is dividend income. If you have a non-dom status you pay no tax/SDC on dividend distribution.
A A Rebours New Member Jan 12, 2025 14 0 161 Mar 17, 2025 #25 I've done my maths on Excel and if the overall company revenue is low (which could be for this year), salary give you a much lower overall payout.
I've done my maths on Excel and if the overall company revenue is low (which could be for this year), salary give you a much lower overall payout.
cuno 🗣️ Active Recruit Complete Moron Dec 21, 2021 528 -1 161 Mar 17, 2025 #26 do you have any recommendation also does it cover entire Europe or Cyprus only ?
