George Klitou

Relocation to Cyprus: Why Entrepreneurs and Companies Are Making the Move.

Leave a Comment / Business Growth, Business Strategies, Company Formation, Corporate Tax, Cyprus Company, News / George Klitou

With its tax-friendly policies, streamlined company formation, and Mediterranean lifestyle, relocation to Cyprus is becoming the smart choice for entrepreneurs, digital nomads, and international businesses. The island offers not only personal and corporate tax benefits but also attractive incentives for companies that want to relocate their operations and workforce. Here’s everything you need to know […]

Relocation to Cyprus: Why Entrepreneurs and Companies Are Making the Move. Read More »

5 Things You Should Know About the Cyprus Company

Leave a Comment / Business Growth, Business Strategies, Corporate Tax, Cyprus Company, News / George Klitou

Cyprus has become a top destination for international businesses thanks to its attractive tax system, EU membership, and straightforward company registration process. Whether you’re a startup founder or an established entrepreneur, understanding the key elements of Cyprus company formation is essential for success. Here are the 5 most important things you need to know before

5 Things You Should Know About the Cyprus Company Read More »

Unlock Innovation and Tax Efficiency: The Cyprus IP Box Regime and Company Formation

Leave a Comment / Business Growth, Business Strategies, Company Formation, Cyprus Company, Industries, News / George Klitou

Cyprus has emerged as a premier destination for businesses aiming to optimize their intellectual property (IP) assets and benefit from a favorable tax environment. The combination of the Cyprus IP Box regime and the country’s attractive corporate tax structure offers compelling advantages for companies worldwide. What is the Cyprus IP Box Regime? The Cyprus IP

Unlock Innovation and Tax Efficiency: The Cyprus IP Box Regime and Company Formation Read More »

Cyprus as European Destination for Digital Nomads

Leave a Comment / Business Strategies, News, Personal Tax, Tax Updates / George Klitou

In recent years, Cyprus has gained popularity among remote workers and freelancers seeking a new base in Europe. Thanks to the introduction of the digital nomad visa Cyprus, this Mediterranean island is now officially open to professionals who want to combine work with an enviable lifestyle. Whether you’re running your own online business, freelancing for

Cyprus as European Destination for Digital Nomads Read More »

New Cyprus Tax reform for 2026

Leave a Comment / Corporate Tax, News, Personal Tax, Tax Updates / George Klitou

The president Christodoulides, in a recent presentation, has outlined the major updates coming with the Tax Reform, aiming to provide financial relief for both individuals and businesses. The reform includes an increase in the tax-free income threshold, additional deductions based on household composition, and significant tax cuts for businesses through the abolition of existing levies.

New Cyprus Tax reform for 2026 Read More »

Top Tax Incentives in Cyprus for International Businesses.

Business Growth, Business Strategies, Corporate Tax, News, Personal Tax / George Klitou

Cyprus stands out as a premier destination for international businesses and entrepreneurs seeking a tax-friendly environment. Its strategic location, EU membership, and comprehensive tax benefits make it a hub for global operations. Below, we explore the key tax incentives that position Cyprus as a top choice for companies and individuals alike. Non-Domicile Status: Tax-Free Global

Top Tax Incentives in Cyprus for International Businesses. Read More »

A new upgrade for Cyprus economy. Fitch Upgrades Cyprus’ Credit Rating to ‘A-‘ with Stable Outlook.

Cyprus Company, Investment in Cyprus, News, Tax Updates / George Klitou

Foreign investors and entrepreneurs considering relocation to Cyprus using the Cyprus company as a vehicle, have now more reasons to feel confident on taking such a decision. Fitch Ratings has upgraded Cyprus‘ long-term foreign-currency rating to ‘A-‘ from ‘BBB+’, citing strong fiscal discipline and economic performance. Highlights include: These factors enhance Cyprus’ investment appeal and

A new upgrade for Cyprus economy. Fitch Upgrades Cyprus’ Credit Rating to ‘A-‘ with Stable Outlook. Read More »

Moody’s Upgrades Cyprus’ Credit Rating to A3: A significant milestone and a testament to economic strength.

News / George Klitou

Cyprus has achieved a significant milestone, with Moody’s upgrading its long-term issuer and senior unsecured ratings to A3 from Baa2, reflecting strong fiscal discipline and economic growth. This upgrade positions Cyprus as a highly credible investment destination. Key Factors Behind the Moody’s upgrade of Cyprus. Stable Outlook Moody’s expects risks to remain balanced, with contained

Moody’s Upgrades Cyprus’ Credit Rating to A3: A significant milestone and a testament to economic strength. Read More »

Cyprus Tax resident or Malta Tax resident?

Business Strategies, News, Personal Tax / George Klitou

Tax residency Comparison: Cyprus vs Malta Tax Resident program Both Cyprus and Malta are popular destinations for individuals seeking tax efficiency, but they have distinct differences in their tax regimes. Here’s an in-depth look at how these two jurisdictions compare: Non-Domicile Status Cyprus vs Malta Cyprus: Offers a Non-Domicile (Non-Dom) status that exempts foreign income,

Cyprus Tax resident or Malta Tax resident? Read More »

Non domicile status in UK will be abolished in 2025. Is the Cyprus Non-Dom the alternative for investors?

News, Personal Tax, Tax Updates / George Klitou

UK will abolish its long-standing “non-dom” tax regime in April 2025, marking a significant shift in how the country handles tax residency for foreign nationals. The move was announced during the 2025 budget presentation, with emphasis that this change will phase out the outdated concept of domicile in the tax system and at the same

Non domicile status in UK will be abolished in 2025. Is the Cyprus Non-Dom the alternative for investors? Read More »

Extension for the Submission of Individual Income Tax Return and Payment of Tax/Contributions for 2023

Corporate Tax, News, Personal Tax, Tax Updates / George Klitou

The Tax Department announced yesterday 30th of October that the Council of Ministers of the Cyprus Republic has approved an extension for the submission of the Individual Income Tax Return and the payment of Tax/Contributions for the year 2023 until November 30, 2024.

Extension for the Submission of Individual Income Tax Return and Payment of Tax/Contributions for 2023 Read More »

Accounting Associate

Careers / George Klitou

Accounting Associate Read More »

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