Legarithm

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 ...

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...

Cyprus has become a popular hub for gaming operators, especially those targeting the European and global markets. The island’s widespread reputation for regulatory integrity, robust infrastructure, and favorable business environment puts it in the spotlight among iGaming entrepreneurs. But an important question arises: is a license required to operate a gaming or betting company in Cyprus? Let’s demystify the Cyprus gaming landscape, focusing on what’s legal, what’s prohibited, and the practical steps to obtain a license. What is allowed and what is prohibited in Cyprus? The framework for gaming in Cyprus is tightly controlled and primarily governed by the Betting Law of 2012 and its amendments. The National Betting Authority (NBA) supervises all betting activity, both land-based and online, ensuring fairness and consumer safety. In Cyprus, the key distinction lies between “betting” and “gambling.” While sports betting—both in physical locations and online—is regulated and permitted...

Cyprus is often described as a business owner's gateway to Europe. With great weather and a welcoming business environment, this island nation is the go-to spot for international entrepreneurs. Still, before jumping in, it’s critical to understand how the company registration in Cyprus process actually works — from required steps and timeframes to the real cost breakdowns. If you're thinking of taking advantage of Cyprus’s low corporate tax rate, EU access, and flexible business setup, you're in the right place. Below, I’ll walk you through the essentials you need to get your company started with transparency and confidence. Why choose Cyprus for your company Cyprus offers several key benefits that make it attractive for startups and global businesses. First, the corporate tax rate is only 12.5% — among the lowest in the EU. There are exemptions for dividend, interest, and royalty payments for non-residents, and double tax treaties with more than 60 countries. You get E...