Obtain Cyprus Tax ID
Every physical person who settles in the republic has to obtain a Cyprus Tax Identification Number.
The acquisition of Cyprus Tax Identification Number is a simple process and usually takes 1-2 days to completion.
Individual (physical person) who works within the republic has the obligation to be registered to the Tax Department provided that his yearly gross income exceeds the €19,500.
Individuals that stay in the republic for a period equal or more than 183 days within a tax year and can present income arising from abroad can also acquire Cyprus Tax Identification Number.
Thus they will be taxed on their income arising from any place in the world.
Companies (legal entities) based in Cyprus republic (the management and control of which takes place in Cyprus) are obligated to be registered and obtain a Cyprus Tax ID number.
Documentation Required for acquiring Cyprus Tax ID number.
- Completed application and submitted to the Tax department
- Personal ID or Passport
- A recent utility bill or a valid rental agreement
- Registration Certificate for EU nationals (Residence Permit - Yellow Slip)
Procedure of obtaining the Registration Certificate for EU Nationals (Yellow Slip)
It can be achieved via employment (freelance also) in Cyprus or by proofing sufficient income from abroad.
Documentation according to each case
:Via employment
| Via sufficient income from abroad
|
