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Sole Trader Registration?

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Sole Trader Registration?

Postby beatusvir » Mon Oct 03, 2016 10:00 am

I am Dutch, so an EU citizen. I want to start a business in Cyprus as a sole trader. Would anyone be able to tell me what documents are required for registration with Immigration?

Thanks,
Andy
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Re: Sole Trader Registration?

Postby Get Real! » Tue Oct 04, 2016 2:14 pm

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Re: Sole Trader Registration?

Postby Tim Drayton » Tue Oct 04, 2016 5:46 pm

In my experience as a British citizen who has set up in Cyprus as a sole trader, Cyprus is a business friendly place with a minimum amount of red tape. All you will need to do is go to the tax office and get a tax number and the social insurance office and get a social insurance number - and you willl have to start paying in there at once. That is all you will need. Of course, in due course you will receive an income tax form and you will have to complete that and pay income tax. The VAT threshhold is very low in Cyprus, so you will probable also need to register with the VAT office and get a VAT number, but that is not mandatory for getting a residence permit.
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