Cyprus holds the key to giving your business the winning advantage.

• 10% corporation tax; one of the lowest rates in the EU
• The best holding company jurisdiction; 1% holding in foreign company entitles Cyprus Holding Company to tax benefits
• No inheritance tax
• No tax on the sale of shares or securities
• No withholding tax on dividends paid to non-resident shareholders
• Group losses relief without any time restrictions (under certain conditions)
• Exempt from capital gains tax apart from the disposal of immovable property in Cyprus
• Non resident companies are taxed only on income derived in Cyprus
• Optional VAT registration allows VAT imposed on local expenditure and services to be re-claimed
• 34 double taxation treaties
• Anonymity of the beneficial owners of a company
• High standards of professional services at competitive & reasonable prices
• High standard of banking system
• No exchange control

CYPRUS TAX OVERVIEW…

Corporation tax:  10%

Dividend Tax (Special Contribution for Defence):

Personal Income Tax:

Capital Gains Tax:  20%

VAT rates:

• 15% (Standard rate)
• 8%
• 5%
• 0% (Zero)