Cyprus Tax Residence status for individuals by the 60 Days Rule
The Parliament of Cyprus has approved by common consent the proposal of amending the rules for determining the tax residency of individuals in Cyprus - 60 days tax residency Cyprus Under the currently existing law, individuals are considered tax residents in Cyprus if they were physically present for at least 183 days per year. Under the new revised conditions an individual is considered a Cyprus Tax Resident if the following three criteria are cumulatively met: 1. They remain in Cyprus for at least 60 days a year of assessment. (60 days tax residency cyprus) 2. They carry out any business in Cyprus; and/or work...
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