Taxation for physical persons and Investment Manager
Physical persons: First, a person who was employed for performing a particular service in Cyprus but was a non-resident of Cyprus by the time he was employed, it is highly probable to be exempted from the payment of 50% of income tax for a 10-year period on the remuneration. But to be eligible for the exemption, the payment for this service should be greater than 100.000 Euro. Additionally, for a person who was employed for a service paid by maximum 8.550 Euro, but he was not a resident of Cyprus when the employment was made, he will be granted a 20% exemption...
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