This guide is written for freelance software developers, tech startups and IT companies. Rules change regularly and individual circumstances vary, so speak to a Tsquared accountant before acting. We regularly help clients with ip box 2.5% effective tax, freelancer vs. company, vat on cross-border digital services.
Key points
- Hardware allowances
- Software subscriptions
- Home-office share
- Keep receipts
Challenges you face, solutions we provide
Challenge: IP Box 2.5% effective tax
Our solution: IP Box eligibility assessed and nexus documentation kept current
Challenge: Freelancer vs. company
Our solution: Freelance vs. company comparison with real numbers before you switch
Challenge: VAT on cross-border digital services
Our solution: Reverse-charge and OSS VAT handled correctly on every cross-border invoice
Challenge: Stock options and equity
Our solution: Option schemes structured for the flat 8% regime with payroll reporting
Challenge: R&D cost tracking
Our solution: The 120% R&D super-deduction claimed with timesheet evidence
Frequently asked questions
- Home office and equipment: what's the short answer?
- Developers can deduct equipment, software licences and a proportion of home-office costs in Cyprus when they are used for the business.
- Can Tsquared help with home office and equipment?
- Yes. We advise freelance software developers, tech startups and IT companies in Cyprus on home office and equipment and handle the filings for you.