Cyprus-Forum.com

[punkz64]

Hi everyone, I,m planning to move over to Cyprus round February next year. My girlfriend wants to start her own business but I,m still planning on working in the uk. She will need a yellow slip, but will I as I will be in an out of Cyprus afew times. Could do with some advice. Thanks all.

[Sotos]

Are you both EU citizens?

[Tim Drayton]

If you are a British citizen, as long as the UK remains in the EU, it is your automatic right to work or start a business in Cyprus or any other EU country. You will have to go to the tax office and get a tax number (if you are going to open a company, then it will be more complicated and you will need more than just an income tax number), go to social insurance and get an insurance number (and start paying self-employed contributions), then you go to the Immigration Department to apply for resident. As the VAT threshold is extremely low in Cyprus, you may also want to consider whether to register for VAT, and you may also want to consider whether to use the services of an accountant.

[punkz64]

Yes we are, we are currently living in the UK

[Tim Drayton]

Incidentally, you will find that everyone at the tax office and immigration speaks English and the forms there are available in English (the annual income tax declaration form is available in English and can be completed in English); at social insurance English is less widely spoken and all the forms and signs there are in Greek only; I believe that the VAT office operates in Greek only, too, although my accountants deal with VAT so I have no direct experience there.