Articles

i am still interested to set up a company in cyprus. 

I hired in september 2020 someone else to set up a company for me, XXXX, maybe you know them. There happend a lot of troubles. After not get a new company opened up he offered me after 2 months an existing one for which ...

Company, Sole Trader or Employee?

Although we can go into a great extent for all of them, this article focuses on the last part which is deciding whether to trade as a physical person or as a company. The answer to this choice is made easier by the introduction of the 35% personal taxation on salaried income exceeding the first Euro 60,000 taxable income. Coupled with the legal protection a company offers, individuals who are going to set up a business in Cyprus are more likely to do so via the setup of a Cyprus company. 

You can not trade or do business if you are an employee other than of your own company. In addition to the non dom there are several tax benefits for overseas employees which could reduce their taxes up to 50% if employed by a Cyprus company.

My wife and I own and operate  a growing video game studio together and are considering moving ourselves and our business to Cyprus  for a mixture of tax and lifestyle reasons.

George, kindly advice and provide the following information with regards name of companies, directors, company secretary and shareholders of bothe companies. 

We will also need your KYC information such as