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: [e-mail]
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.

[@Rhumage]

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

[@taxone]

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

[@ronyzmiri]

Another great one!

[@taxone]

Glad to have you here as well, Rony!!

[@0xlodz]

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.

[@christophecoat1914]

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

[@ignoreme1141]

The health care contribution tax: you say 2.65%, okay, but that is paid both by employer and employee, so if you are both employer and employee, that will amount to 5% or so, already higher.

[@Ggaman]

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

[@taxone]

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

[@Ggaman]

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

[@lauchgainz7481]

Are there any news on crypto taxation?

[@WhyYouTrippin]

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

[@himanshusomani1744]

Great video. We can connect

[@taxone]

Thanks, all contact details are in the description.

[@ignoreme1141]

7:10 No other taxes, costs or fees? What? What about social contribution tax for employer and employee, what about GeSy tax??

[@aupti]

How about tax on renting an apartment abroad

[@Luckie337]

What about crypto currency. Cashing out in Cyprus?

[@VERTICALWisdom]

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

[@EDH784]

you're f#cked 🤣🤣 get a new passport

[@ignoreme1141]

If there is 0% percent capital gains tax, 0% dividend tax, 0% interest tax for non-dom what kind of income gets taxed at progressive income tax?

[@EDH784]

normal income

[@ignoreme1141]

@@EDH784 what’s “normal” income? Salary? But that already gets taxed with GESY and social security

[@EDH784]

@@ignoreme1141 salary/wages from employment, I guess. Social insurance and NHIS are NOT a tax. They're a social contribution and medical insurance technically

[@ignoreme1141]

@@EDH784 so accordin to that you pay social contributions + gesy + magical "income tax", what, that's like 40% tax already? Absurd, so much for "tax haven" lmao what a joke

[@EDH784]

@@ignoreme1141 dont worry, you don’t get it…

[@Anti_1]

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]

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😂