Articles

Many international businesses are relocating in Cyprus to setup a company, a branch, a holding company or other structure like partnerships and trusts. Cyprus Companies offer many competitive advantages when compared with other global business centers. The following factors make Cyprus one of the most attractive international business hubs in the world for doing international business activities.

On 30th and 31th of May our team had the opportunity to participate at the #1 tech & business festival in Limassol, known as "Reflect Festival"! 

In the growing world of international business, dual company structures offer a strategic edge, particularly when leveraging the unique benefits of jurisdictions like Malta and Cyprus. This article offers insights into the advantages of such setups and provides a detailed analysis of the business landscapes of both nations. Whether you’re an established enterprise or an entrepreneur, understanding the potential of a Malta-Cyprus partnership can be transformative for your venture. In this comprehensive guide, we will give insights into this potent combination, helping you make informed decisions for your business’s future.

The non-domiciled rule is a clever tax law which was introduced by the Cyprus Income Tax office few years ago and it is a tax status for individuals who have not been living in Cyprus 17 out of the last 20 years. 

Benefits of this tax status? 

Individuals who are living in Cyprus and are tax residents but not domiciled are not subject to special defense tax which applies to dividend income, interest income and rental income.  

Therefore, an individual with worldwide dividend income is entitled to tax free dividends. 

How to find a really good accountant for your business 

Via Finhub off course! 

We only co-operate with the best accountants which we validate and monitor regularly therefore if you get an offer rest assure the accountant will meet your expectations. 

What makes a good accountant? 

An audit and assurance firm, regulated by the ACCA, ICAEW and the local Cyprus ICAPC is unlikely not to meet any professional requirements your business has to comply with the local laws and regulations.  

However, besides the workload there are more factors to consider in assessing whether your accountant is good for you: