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How to establish a tax residency in Cyprus in 60 days

If you’re looking for a straightforward way to reduce your global tax burden, Cyprus should be on your radar. With its sunny beaches and welcoming business climate, Cyprus offers one of the most accessible tax residency regimes in Europe. You can become a tax resident in Cyprus within just 60 days—a massive advantage for digital nomads, entrepreneurs, and anyone seeking more flexibility in their financial lives. Let’s break down exactly how the Cyprus 60-day tax residency works, its requirements, and what benefits you can expect. What is the Cyprus 60-day tax residency rule? Cyprus makes it possible to become a tax resident by spending as little as 60 days per year on the island, provided you meet several key conditions. This is an alternative to the traditional 183-day rule found in many countries. Here’s what you need to qualify under the 60-day rule: Stay in Cyprus for at least 60 days in a tax year Not be tax resident in any other country during that year Not spend more than ...
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Legal aspects of launching apps: What developers need to know

" The excitement of releasing a new app can easily sweep you off your feet—but there’s more to a successful launch than just code and design. For developers, the legal side of app development is just as crucial as great UX or scalable infrastructure. Small legal missteps can lead to big headaches: fines, product bans, or even lawsuits. Here’s a straightforward breakdown of what you really need to know to launch your app legally and stay out of trouble. Choosing the right business structure and jurisdiction Before writing a single line of code, think about your business setup. Are you launching as an individual, forming a partnership, or starting a company? Your choice isn’t just about taxes—it defines your liability, how you’ll share profits, and even which app stores you can register with. Many developers go for an LLC (Limited Liability Company) or similar entity because it protects their personal assets if something goes wrong. Forming a company can also boost your credibili...
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Cyprus vs. Malta: Which jurisdiction is best for gaming companies?

The choice between Cyprus and Malta as a home base for gaming companies is more relevant than ever. Over the past decade, these two Mediterranean islands have grown into major iGaming and tech business hubs, attracting startups and established groups with friendly regulations, EU market access, and appealing lifestyles. If you’re planning to launch, expand, or relocate your gaming business, knowing the real pros and cons of each jurisdiction will help you make a smart, future-proof decision. Below, I break down the key factors—tax, talent, licensing, business setup, and more—to help you assess which jurisdiction might best fit your business goals in 2024 and beyond. Taxation: Corporate taxes, incentives, and structure Cyprus : Cyprus offers a straightforward corporate tax rate of 12.5%—one of the lowest in the EU. For tech-focused and IP-rich companies, there’s even more good news: qualifying intellectual property profits can benefit from an effective tax rate as low as 2.5% through...
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How to choose between LTD and branch in Cyprus

Thinking about expanding your company to Cyprus? You're not alone. The island’s business-friendly climate and low corporate taxes attract entrepreneurs from all over the globe. But before diving in, there’s a crucial decision you’ll need to make: should you set up a Cyprus LTD company, or just open a branch of your existing business? The answer can shape your whole operation—from tax bills to liability and beyond. Let's break down the ins and outs so you can make a choice that lines up with your strategy. Understanding the basics: What’s an LTD vs a branch? A Cyprus LTD (Private Company Limited by Shares) is its own legal entity. Once it’s registered, it stands alone, even if its shareholders are all from abroad. This means the company itself is responsible for its debts, not the parent company or shareholders. In contrast, a branch is simply an extension of your foreign company in Cyprus. It’s not a separate legal entity—the parent company remains on the hook for everything ...
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Cyprus as a gaming jurisdiction: Is a license required?

Cyprus has become one of the most talked-about gaming jurisdictions in Europe, and not without reason. With its inviting Mediterranean climate and business-friendly laws, the country is drawing the attention of gaming operators from all around the globe. But what makes Cyprus so appealing for iGaming businesses? And, more importantly, does running a gaming business in Cyprus require a license? If you are considering Cyprus as a base for your betting or gaming operations, here’s what you need to know. Gaming regulation in Cyprus: The legal landscape Cyprus is both an EU member state and a major international business hub. This gives companies in the gaming industry access to the whole European market, while also offering competitive tax conditions. The primary regulatory body for gaming and betting is the National Betting Authority (NBA), which operates alongside the Cyprus Gaming and Casino Supervision Commission for land-based casinos. The legal backbone is the Betting Law 37(I)/201...
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Tax residency in Cyprus in 60 days

Cyprus is rapidly gaining popularity as a modern destination for those seeking both lifestyle and tax efficiency. With its sun-soaked coasts, robust infrastructure, and a friendly environment for business, it's no wonder that international entrepreneurs and digital nomads are paying attention. But beyond the beaches and vibrant ex-pat life lies a tax system that rewards those who structure things smartly. Today, let’s break down how you can qualify for tax residency in Cyprus in just 60 days – and why that matters. What is tax residency and why does it matter? Tax residency determines where you pay taxes on your worldwide income. In many countries, becoming a tax resident often means navigating long, expensive processes or complicated physical presence rules. Cyprus stands out for its clear, accessible framework – giving people real options. By becoming a tax resident in Cyprus, you can benefit from low personal tax rates, generous exemptions, and access to more than 60 double ...
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How to choose between LTD and branch in Cyprus

If you’re thinking about expanding your business to Cyprus, you’ll likely face one of the first big decisions: Should you open a Limited Liability Company (LTD) or a branch office? Both structures can give your international project a solid launchpad, but each works in its own way. Let's walk through the pros and cons—without the jargon. Cyprus has gained a reputation as a hub for international business. Its low taxes and EU status are hard to beat. But choosing the right setup is vital for proper tax planning, day-to-day operations, and your long-term strategy. LTD vs branch in Cyprus: The basics The Limited Liability Company, or LTD, is the go-to route for many. It's a separate legal entity, distinct from the parent company. This means your Cyprus LTD is responsible for its own debts and obligations. In contrast, a branch is not separate. Instead, it's legally part of your parent company, acting as its local arm. Why does this matter? Mainly, it's about risk and c...
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