Tax Advantages

Advantages of a Cyprus Company Incorporation:

  • Profits of Cyprus companies who have their residence in Cyprus, are subject to a corporate tax rate of 12,5%, which is one of the lowest tax rate within the European Union (EU).
  • Incorporation of Cyprus company is possible with 100% foreign ownership with a minimum one shareholder and one director both of which may be other corporations or natural persons.
  • No withholding tax on dividends, interest and royalties declared by companies to non-resident/domiciled shareholders.
  • Dividends paid to a Cyprus company are exempt from corporate tax.
  • Tax exemption on gains from the disposal of shares and other securities.
  • Beneficial IP regime which covers an 80% exemption on profits from the exploitation or licensing and gains on disposal of Intellectual property
  • Full capital gains tax exemption on the transfer or sale of shares in a company, except where the company owns immovable property in Cyprus.
  • Benefit from Double Tax Treaties with more than 55 countries.
  • Unilateral relief from tax in Cyprus on amounts of tax paid or withheld abroad.
  • There is no Wealth Tax or Inheritance Tax

More information about the reasons to invest in Cyprus at:

Mycyprus tax calculators
Cyprus Tax Department

Visit the MyCyprusTax for more information on how to submit you income tax form.

Visit the Cyprus Tax Department for more information on how to calculate your taxes.