United Kingdom Non-Dom Regime is coming to an end and Cyprus is considered as a Prime Destination.

?The United Kingdom Non-Dom Regime was a popular choice mainly for high Net Worth Individuals but the United Kingdom Government has now officially decided that their Non-Dom Status will be abolished as from 6 / 4 / 2025.

Currently there is a high Momentum of Overseas Entrepreneurs becoming Cyprus Non-Dom Tax Residents and effecting their International as well as Local Business Affairs from Cyprus.

Non-Dom resident persons are specifically exempt from Cyprus taxation on dividends and Interest irrespective of the source Country and irrespective of whether the Funds are remitted to Cyprus or not.

Furthermore there is a complete Tax exemption on all gains from sale of Shares and other qualifying titles as well as from Capital Gains which do not relate to Immovable Property situated in Cyprus as well as there is no Inheritance tax.

We can provide Legal Advice and Assistance for the following Matters:

. Detailed Tax Planning and Legal Advice for each Clients requirements

·??????? All Immigration Department Aspects

·??????? Registration with Cyprus Tax Authorities

·??????? All ongoing Personal Income Tax Obligations

·??????? Establishing and Administering a Cyprus Company

·??????? Establishing a Cyprus International Trust

·??????? Professional Director and Trustee services

·??????? Company Redomiciliation

·??????? Opening of Bank Accounts

·??????? Accounting/ Bookkeeping

·??????? Property and Real Estate Matters

. Permanent Residency Permits and Work Permits

Andreas P. Demetriades & Associates

Advocates Legal and Tax Consultants

OPTIMUM HOUSE

1 Andreas Patsalides Avenue

P.O. BOX?24533

Nicosia 1300

Cyprus

TEL: 00357 22 774775

FAX: 00357 22 420772

E - MAIL: [email protected]

SKYPE: demetriadeslaw

WEBSITE: https://www.martindale.com/Andreas-P-Demetriades/157912061-lawyer.htm

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