Is anyone aware of key benefits of Cyprus company formation for an international entrepreneur to optimize taxes?

[LevelUpLarry]

I’m an international entrepreneur and wanna optimize taxes I’m thinking of expanding into Cyprus and wanna know if there are any key perks for people like me? Also wouldn’t mind hearing some real-life dirt from folks who’ve done it

 

[slipperypete]

I’m an international entrepreneur and wanna optimize taxes I’m thinking of expanding into Cyprus and wanna know if there are any key perks for people like me? Also wouldn’t mind hearing some real-life dirt from folks who’ve done it

yo Cyprus is lowkey the MVP of quiet tax hacks

12.5% corp tax, zero tax on dividends to non-residents, and if you structure it right — you’re ghostin like a fkn wizard

 

[LevelUpLarry]

yo Cyprus is lowkey the MVP of quiet tax hacks

12.5% corp tax, zero tax on dividends to non-residents, and if you structure it right — you’re ghostin like a fkn wizard

sounds too smooth
where’s the catch? some government dude hiding in a bush?

 

[slipperypete]

sounds too smooth
where’s the catch? some government dude hiding in a bush?

nah man, the real threat is lazy lawyers who forget to file sh*t

Cyprus gov only cares if you miss your deadline or make noise

otherwise? they’re chillin

 

[Steven Cohen]

been running two companies through Limassol since 2019
one sells “AI consulting,” the other just invoices the first one
actual service? me googling stuff and pretending I have a team

 

[Goodboy13]

been running two companies through Limassol since 2019
one sells “AI consulting,” the other just invoices the first one
actual service? me googling stuff and pretending I have a team

that AI hustle sounds familiar lmao

I had a “machine learning blockchain app” company in Cyprus that was just a glorified PDF generator

nobody checked. I paid my taxes on time, they sent me Xmas emails

 

[LevelUpLarry]

that AI hustle sounds familiar lmao

I had a “machine learning blockchain app” company in Cyprus that was just a glorified PDF generator

nobody checked. I paid my taxes on time, they sent me Xmas emails

yo I love that
so no issues with banking or cross-border transactions?

 

[Steven Cohen]

yo I love that
so no issues with banking or cross-border transactions?

nah just use one of the shady-but-not-too-shady local banks
avoid the ones named after Greek gods and you’ll be fine

 

[Horkos]

real pro tip: set up as a Cyprus LTD but control it through a Marshall Islands entity

now you’ve got distance, plausible deniability, and the vibe of an international villain

 

[slipperypete]

real pro tip: set up as a Cyprus LTD but control it through a Marshall Islands entity

now you’ve got distance, plausible deniability, and the vibe of an international villain

isn’t that kinda sus if you ever wanna go legit tho?

 

[Horkos]

isn’t that kinda sus if you ever wanna go legit tho?

only if “legit” means letting the gov see your balance sheet

I prefer plausible greyness

 

[slipperypete]

yo I still haven’t figured out how I’m not on a watchlist

my Cyprus company is literally called “DataBridge Europe Ltd” and I’ve done zero data-related work

 

[Steven Cohen]

yo I still haven’t figured out how I’m not on a watchlist

my Cyprus company is literally called “DataBridge Europe Ltd” and I’ve done zero data-related work

that’s the trick

name it boring, file on time, send a holiday card to your tax agent — you’re untouchable

 

[LevelUpLarry]

ok so Cyprus = low corp tax, no div tax, and it lets me lie in peace if I behave?

 

[slipperypete]

ok so Cyprus = low corp tax, no div tax, and it lets me lie in peace if I behave?

basically

as long as you don’t slap “crypto” in the company name, Cyprus just shrugs and cashes your annual fees

 

[Horkos]

also shoutout to Cyprus’ IP box regime — can slash effective tax to under 3% if you play the IP game
even if the IP is just a template website from 2017

 

[Goodboy13]

also shoutout to Cyprus’ IP box regime — can slash effective tax to under 3% if you play the IP game
even if the IP is just a template website from 2017

lmao I told them my company owns “proprietary user behavior tracking tools”]

it’s literally Google Analytics

 

[LevelUpLarry]

bruh this thread is gold
I’m booking a call with a Cyprus agent rn
bout to incorporate “Stratos Advisory Group Ltd” and disappear into clean paperwork

 

[Steven Cohen]

bruh this thread is gold
I’m booking a call with a Cyprus agent rn
bout to incorporate “Stratos Advisory Group Ltd” and disappear into clean paperwork

welcome to the club
bring sunscreen and plausible deniability lol