- A non-domiciled earning divided income.
- Interest income.
- Rental Income.
- And many more. With an appointment we can explain you the Cyprus Non-Domiciled Tax Status and Tax Advantages.
Do I need to be there for Company incorporation:
No everything is done remotely.
Do I need to sign anything in original ?
No everything is signed electronically.
Why do I need a Cyprus Tax resident Director ?
If a Cyprus Company does not have a local Director and Secretary or the majority of the Board of Directors does not reside in Cyprus the Company is risking being treated as a Controlled Foreign Company hence not considered a Cyprus Tax resident Company. As a result the Company will not be able to take advantage of the Cyprus tax system benefits such as 12.5% Corporate Tax on Profit.
What documents are needed for Company incorporation ?
Copy of passport and utility bill however, for KYC purposes our office requires additional KYC documents in regards to source and value of wealth of the client.
When can I start trading with the Company ?
Once the Company is incorporated you receive a Company number and subsequently a Tax number. Once you have these 2 you can start trading.