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Taxation in Cyprus Explained: What They Don't Tell You

Contact us at tax.one/
In this video I am talking about taxes in Cyprus and 3 crucial tips that no one is telling you.
Chapters:
0:00 Intro
0:11 Germany vs. Cyprus
2:38 Cyprus taxes
3:02 Corporate tax
3:21 IP Box Regime
3:50 Tax haven
5:23 Dubai vs. Cyprus
7:03 Company taxation
7:30 Individual taxation
8:11 Setup for employees
9:04 Non dom tax residency
8:28 0% Dividend tax
10:50 How to become a Non dom
12:40 Benefits in Cyprus
13:51 Offshore companies
15:18 Crucial tip 1
16:24 Crucial tip 2
17:13 Crucial tip 3
I am discussing taxes in Cyprus in very detail.
How do you move to Cyprus and become a Non dom? How does the taxes really work here? Can you create Offshore companies? I'm discussing these questions and many more.
In addition to that I am sharing general benefits of having a company in Cyprus and I compare it to Germany, where I used to live before.
If you want to move to Cyprus, incorporate a company or invest into the Cyprus real estate market, reach out to us here:
Website: tax.one/
Email: yt@tax.one
Instagram: @lowertax
The content of this channel is intended solely for informational purposes and does not constitute legal, tax, investment, or any form of professional advice.

Пікірлер: 34

  • @supercat380
    @supercat38019 күн бұрын

    Smart man with a vision and logic. Welcome to Cyprus!❤

  • @Rhumage
    @Rhumage4 ай бұрын

    You've actually convinced me to move to Cyprus. I hope to be there in 6 months.

  • @taxone

    @taxone

    4 ай бұрын

    Glad to hear. The island is waiting for you.🏝️😊

  • @cyprusman5908
    @cyprusman5908Ай бұрын

    We were really fed up living in the 'YUK' and being taxed to death and ripped off for everything over 20 years ago, so sold up and moved to Cyprus to live the dream in 2003 for a much better standard of living all round. And have never regretted it for financial reasons and life style. Our village council tax is €170 a YEAR and we get our bin emptied twice a week. We have great health care system, and have both state and private health care which is brilliant with no waiting lists. And we can see a dentist or doctor in the same week. And pay peanuts in income tax !

  • @thewizardsofthezoo5376

    @thewizardsofthezoo5376

    Ай бұрын

    s**sh here it's close to 300 quid a month and it's been raining for the last 3 years.

  • @ROSCO608
    @ROSCO60817 күн бұрын

    I like your German-like irrefutable logics. You just earned a follow.

  • @VeinsDeLAlfaz
    @VeinsDeLAlfazАй бұрын

    Hi Ricardo, I am considering Non-Dom Cyprus: are foreign EU company pensions taxed at 5% in Cyprus?

  • @YarayDamians
    @YarayDamians18 күн бұрын

    Its 12,5% tax on dividend as a non dom.

  • @christophecoat1914
    @christophecoat19143 ай бұрын

    Hi, I moved to Cyprus 3 months ago because of your videos on your 2nd channel. I've got my appointment for the end of May with the immigration MEU1 which ask for prove of sufficient income and health insurance (international insurance or local?). Does Non-Dom statut has to be filled after they agree and I got the Registration Certificate? Could you do a video about The MEU1 to explain it, it's confusing. Thanks in advance

  • @Ggaman
    @Ggaman4 ай бұрын

    congrats on the new company Rico! potential client here... hope to connect soon :)

  • @taxone

    @taxone

    4 ай бұрын

    Thank you, appreciate the comment. How did you find the new channel? :)

  • @Ggaman

    @Ggaman

    4 ай бұрын

    i'm a long time follower of your personal channel. been thinking about relocating here for more than a year already. the only thing holding me back right now is trying to find clients (i do UX for complex systems)@@taxone

  • @ronyzmiri
    @ronyzmiri5 ай бұрын

    Another great one!

  • @taxone

    @taxone

    5 ай бұрын

    Glad to have you here as well, Rony!!

  • @jetlaggedchef6806
    @jetlaggedchef6806Ай бұрын

    What are the requirements to get an appropriate visa and residency if you are from the US?

  • @0xlodz
    @0xlodz4 ай бұрын

    Amazing content, thank you! Does the IP Box regime applies to freelancers who provide IT services? It seems to only apply to companies that build SaaS products.

  • @taxone

    @taxone

    Ай бұрын

    Thank you very much as well. The IP Box does not apply to service providing invoices, it applies to revenue generated when registered intellectual property is exploited.

  • @0xlodz

    @0xlodz

    Ай бұрын

    Thank you!

  • @lauchgainz7481
    @lauchgainz74813 ай бұрын

    Are there any news on crypto taxation?

  • @taxone

    @taxone

    Ай бұрын

    Hey, we have a separate video about Crypto taxation in Cyprus.

  • @himanshusomani1744
    @himanshusomani17445 ай бұрын

    Great video. We can connect

  • @taxone

    @taxone

    5 ай бұрын

    Thanks, all contact details are in the description.

  • @Luckie337
    @Luckie3373 ай бұрын

    What about crypto currency. Cashing out in Cyprus?

  • @taxone

    @taxone

    Ай бұрын

    We have a separate video for Crypto taxes in Cyprus.

  • @WhyYouTrippin
    @WhyYouTrippin2 ай бұрын

    What are the requirements to incorporate a company and relocate to Cyprus?

  • @taxone

    @taxone

    Ай бұрын

    Feel free to fill out our form and we'll get back to you.

  • @aupti
    @aupti3 ай бұрын

    How about tax on renting an apartment abroad

  • @taxone

    @taxone

    Ай бұрын

    There are many factors that come into play. Which country and whether there is tax at source, where you receive the rental income (personal or company), there are also deductions in Cyprus, and other things, so it's best to fill out our form and we will get back to you.

  • @VERTICALWisdom
    @VERTICALWisdom4 ай бұрын

    Would like to get info on banking if we are US citizens.

  • @EDH784

    @EDH784

    3 ай бұрын

    you're f#cked 🤣🤣 get a new passport

  • @taxone

    @taxone

    Ай бұрын

    We are happy to assist, please fill out our contact form at tax.one/cyprus/ and we speak soon.

  • @Anti_1
    @Anti_13 ай бұрын

    Germany is the 3rd largest exporter worldwide,and you're telling me that what you couldn't make it in Germany you can make in Cyprus 😅😅

  • @patrick1992

    @patrick1992

    2 ай бұрын

    The burocracy is horrible in Germany. Also the tax authoritys make problems with everything. Every big write of they challenge like he is explaining with the suites. I have friends where the tax authoritys asked them why there was a Shisha on the dining invoice of an business meeting with a client... Thats a small inside for you😂

  • @taxone

    @taxone

    Ай бұрын

    We're talking mainly for small and medium sized businesses here. Of course, if you're a multinational company, life get's easier because you have a team of hundreds or thousands of people that deal with the daily hassle a solopreneur deals with. That's the main point why we think Cyprus is the superior choice when it comes to starting or scaling a business. But also for established companies, Cyprus offers a better tax scheme where you can safe a huge amount of taxes as a big company.