Archive for August, 2017

THE CYPRUS NON-DOMICILE SCHEME – Amendment to the Law the ’60 DAYS RULE’.

In an effort to enhance the competitiveness, fairness and simplicity of the Cyprus tax system and to make it more attractive to foreign investors, the Cyprus Government passed on 9th July 2015, among others, the “Domicile” concept. The introduction of the non-domicile rules aims to attract high-earners to relocate to Cyprus, by using Cyprus as a business centre and transferring the headquarters of their business thus creating real substance.

For more information please read our English or Russian Memo.

ENG                        RUS