FAQ
FAQ
If You Have Any Questions
How safe is my data and personal information?
We are 100% committed to keeping your personal data secure.
1. TaxNexcy.com is licensed, approved and regulated by ICPAC – the only recognized body of Accountants and Auditors in Cyprus.
2. We safeguard your data and protect your privacy by using industry-leading technology and practices.
3. We meet and exceed all rules and regulations relating to data protection (GDPR).
4. We always keep your information confidential. We do not sell and/or rent your information with any third parties.
I'm filing my tax form for the first time. Can I use TaxNexcy.com?
Of course you can! As long as you:
1. have a TIC – Taxpayer’s Identification Code (see below) &
2. you’re registered to TAXISnet (see below).
What is a 'TIC'?
TIC stands for ‘Taxpayer’s Identification Code’. Think of it like your personal ‘Tax Number’, given to you upon registration with the Cyprus tax office.
TIC consists of 8 numbers (digits) and a CAPITAL Latin letter at the end (e.g. 01234567X).
What is TAXISnet?
TAXISnet is the Cyprus’ Government website people use to submit their tax form (online).
Tip: you need a ‘Tax Identification Code’ (TIC) to be able to register to TAXISnet.
Do I have to be registered to TAXISnet to use TaxApp.cy?
Yes, to use TaxApp.cy you need to be registered to TAXISnet.
I'm Self-Employed. Can I use TaxNexcy.com?
There are two different tax forms in Cyprus (for individuals):
- The tax form for Employees – i.e. for those who have a job as employees of a company, &,
- The tax form for the Self Employed – i.e. for those who work for themselves, without the use of a company.
The two forms are quite different!
The bad news is that if you are a ‘Self-Employed’ you can not use our tax tool. The good news is that we can ‘manually’ prepare and submit your Self-Employed tax form ourselves.
All you have to do is Get In Touch!
I have been so far filing my tax form on my own, just fine. Why use TaxNexcy.com?
1. Your time is precious! We prepare and submit your tax form within minutes.
2. Your form is filed correctly and with no mistakes.
3. We’re there for you – every step of the process.
4. We have the ability to reduce your taxes – all tax deductions & exemptions revealed.
5. Will send reminders early on (there’s a EUR 100 penalty for late submission).
6. We are 100% secure and GDPR compliant. Your data is safe with us.
7. You have one less thing to worry about!
I'm not living in Cyprus, can I use TaxNexcy.com?
Of course you can!
TIP: Non-Cyprus tax residents only have to declare their ‘Cyprus sourced’ income.
And what is 'Cyprus sourced' income?
‘Cyprus sourced’ income is any income generated in Cyprus. For example:
1. income from renting-out Cyprus property;
2. salary (i.e. ’employment income’) earned from a Cyprus employer;
3. pension income from Cyprus employment, etc;
Get In Touch if you need any help!
I have a complicated tax situation. Can I use TaxNexcy.com?
Absolutely!
You can either use TaxNexcy.com, or send us a message. We will be happy to offer a tailored-made solution that works specifically for you!