Financial & Legal

Company formation Cypruscan be a complex and time-consuming process. However, with the help of a professional service provider, the process can be streamlined and made much simpler. Take advantage of this service today! An individual is subject to SDC if he/she is both Cyprus tax resident and Cyprus domiciled. An individual is treated as domiciled in Cyprus for the purposes of the SDC if he/she has a domicile of origin in Cyprus based on the provisions of the Wills and Succession Law (in general, an individual born to a Cypriot-domiciled father), with certain exceptions, or if/she has been a Cyprus tax resident for at least 17 out of the 20 years immediately prior to the tax year of assessment. An individual that is “non-domiciled” in Cyprus is not subject to the SDC. For more information, you can visit our website - https://www.eurofinanzza.com/

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