• Cyprus Non-Domiciled (non-dom) Tax Resident
    The Process

    By Citius Trust Limited

    20-07-2016

    In our previous article, Cyprus resident non-dom status just made the place hotter! Q&A on how to get there, we analysed the newly introduced tax status in Cyprus, tax resident non-domiciled (non-dom).

    This article outlines what is required to achieve this status.

    According to the legislation, the tax payer has to provide sufficient evidence and demonstrate that they are entitled to the non-dom status.

    The documents that could be asked, and which are at the discretion of the tax officer examining the request, are the following:

    • To demonstrate the domicile of origin:
      • Birth certificate of the applicant;
      • Birth certificate of the parents of the applicant;
      • Documents that prove the place and period of the permanent residency of the parents of the applicant (e.g. passports, certificates of residency, employment documents at the time of birth of the applicant);
      • Any other document(s) which can prove the domicile of origin.
    • To demonstrate the:
      • domicile of choice;
      • period of 20 consecutive years of being non-Cypriot tax resident; and
      • period of 17 years out of the last 20 years of being non-Cypriot tax resident
        • Certificates and/or other documents from foreign tax authorities;
        • Certificates and/or other documents from foreign local authorities;
        • Documents and account statements from utility service providers (telephony, electricity, etc) from foreign countries;
        • Employment documents in foreign country and certificates of payments of social insurance contributions in that country;
        • Documents and certificates that prove the period of residency in Cyprus as above (the above list is not exhaustive).

    Official documents that need to be completed:

    • Τ.Φ.38 - Application form for obtaining non-dom status. This is completed along with the relevant questionnaire and submitted to the relevant tax authorities for examination.
    • Τ.Φ.624ΦΠ - Waiver of Special Defence Contribution deduction at source. This is provided to the institution that pays interest so as the Special Defence Contribution is not deducted.

    Related Articles:

    The information provided in this article is for general information purposes only. The information is not intended to be comprehensive or to include advice on which you may rely. You should always consult a suitably qualified professional on any specific matter.

    Related Topics:
    Back to Articles Back to Citius Trust Limited
  • The information provided in this article is for general information purposes only. The information is not intended to be comprehensive or to include advice on which you may rely. You should always consult a suitably qualified professional on any specific matter.

Citius Trust Limited

Citius Trust is an independent boutique services firm, which provides bespoke solutions to clients. Our aim is to deliver top quality end-to-end solutions for our clients, optimize costs, streamline operations and processes and drive value. Our directors take the lead role in managing our relationships with our clients, they are always available and provide ad hoc advice. We offer world-class intellectual capital through a transparent, tailored and client friendly approach.

View profile

Follow Us

Cyprus Self-Managed Alternative Investment Funds with Limited Number of Persons (AIFLNP) - Compliance Calendar Have you ever been in a situation where although you have the competency to perform a task you are unsure what the totality of the task might be? This situation can arise when numerous regulatory requirements are imposed on an organisation and further exacerbated by the almost exponential increase in the velocity of change of these requirements.

Read more
Specialist writers View All
Copyright © 2012 - 2017 Offtax Ltd. All rights reserved. Compare Countries News & Articles About Join Us Directory Contact Us