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
- Self-employed registration
- Deduct equipment and software
- Provisional tax
- Compare with a company
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
- Tax for freelance developers: what's the short answer?
- Freelance developers in Cyprus pay personal income tax on profits plus Social Insurance and GHS, and can often save by moving to a company once income grows.
- Can Tsquared help with tax for freelance developers?
- Yes. We advise freelance software developers, tech startups and IT companies in Cyprus on tax for freelance developers and handle the filings for you.