Become a Cyprus Tax Resident Under the 60 Day Rule
60-days Rule / Cyprus Non-Dom Regime
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An individual is considered to be tax resident in the Republic of Cyprus provided that he/she was physically present in the Republic of Cyprus for a period exceeding 183 days. However, an individual may opt to become tax resident in the Republic of Cyprus under the “60-day rule”, introduced for the purposes of determining Cyprus tax residency for individuals. In particular, relying on the “60-day rule”, an individual may opt to become tax resident in the Republic of Cyprus if his/she is not tax resident in any other Country and provided he/she fulfills the following additional requirements cumulatively:
THE LAW The Council of Europe has introduced Directive 2018/822, as regards the mandatory automatic exchange of information in the field of taxation in relation to
Background: It is commonly understood that everyone should pay their taxes as they come due and the relevant competent authorities in each member state should
On the basis of sections 104 and 105 of the Municipalities Law 111/1985 the Municipalities are imposing an annual professional tax on legal entities having
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