Why do we offer Non-Dom with a company formation package?
As a foreign entrepreneur who wants to emigrate to Cyprus and enjoy the benefits of Non-Dom, setting up a company in Cyprus is a great option. This way, you can easily qualify for the Non-Dom program.
Furthermore, you can benefit from favorable corporate taxes and enjoy the Non-Dom tax exemption on dividends. Also, your income tax remains tax-free up to 19.500€. The maximum tax rate on income is 35%, but with an income of over 55.000€, you can reduce your income tax by 50% (up to five years). Check out our net salary calculator.
A brilliant option for solo entrepreneurs is to pay themselves a lower salary while benefiting from tax-free dividends.