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Cyprus Non-Dom Tax Residency - Vasil & Partners 60 Day Rule Residency
Undoubtedly, Cyprus is one of the best „onshore“ places to relocate amongst EU Member States. Under the “60 day rule”, one can become a Cypriot tax resident on the following cumulative conditions:
Remain in Cyprus for at least 60 days during a tax year,
Do not reside in any other country for more than 183 days,
Is not tax resident in any other state,
Maintain a permanent residence to live in Cyprus (either owned or rented).
No tax on worldwide dividends and interest income
No tax on retirement gratuity, special tax regime (rate of 5%) on foreign pension income
No tax on gains from disposal of investments
E.g, shares, bonds etc.
No inheritance tax, not wealth tax, no gift tax
Reasons and Advantages For Doing Business in Cyprus
Benson Formations is a boutique corporate service provider of our group focusing on helping you
set up and run your onshore and offshore business.
Why contact us? Because we are tax-wise.
Call us for a quick help!
+44 20 3974 1133
24 North Row, W1K 7DG London, United Kingdom
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What makes your different from other Firms?
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How to contact your attorney?
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What makes your different from other Firms?
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What information should I provide to case?
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What Payment Method are supported?
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How to contact your attorney?
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Phone: (+44) 20 3974 1133
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