Incorporation
Services

High sun & low tax

Cyprus has made it very attractive for digital nomads or simply individual business with a favorable tax system ofr corporate and individuals, while having a startup-friendly 60-day rule setup, which means that individuals spending at least 60 days a year in Cyprus, under certain conditions, is considered a Cypriot tax residence.
In other word a perfect way to establish your startup.

The standard corporate tax rate is 12.5%, one of the lowest levels in the EU.

Facts

  • Tech companies producing Intellectual Property (IP) can apply for an 80% tax exemption, reducing the corporate tax rate to an effective 2.5%. Tax rates for individuals are among the lowest in the European Union.
  • No income tax is required on the first €19,500 of personal income.
  • Non-domiciled tax residents do not pay tax on dividends, interest or rental income earned abroad.
  • Investments in innovative small businesses can be deducted from taxable income, up to an annual limit of €150,000.
  • Dividend payments are exempt from taxation, enabling most tech entrepreneurs to minimize their overall tax burden.

A correct setup is important, and it can be done in a certain way that supports the modern digital lifestyle.
We know the procedure and have expert partners on the side, so that you can focus on your business.

This email address is being protected from spambots. You need JavaScript enabled to view it.

2019 © hügge space - Privacy Policy - Info

This email address is being protected from spambots. You need JavaScript enabled to view it.