Cyrpus is your best choice if you are looking for the perfect gateway to penetrate new markets in Europe, Asia or Africa.
Main Tax Advantages of Cyprus
- 12.5% Corporation tax (Lowest within the European Union)
- Dividend income received from abroad is exempt (subject to conditions)
- Capital gains from the sale of immovable property situated outside Cyprus is tax exempt
- Taxable losses are carried forward for a period of 5 years
- Capital gains on sale of qualified Securities are not taxed
- No withholding tax on outward payments (Dividends – Interest – Royalties) to non-Cyprus tax resident companies or individuals
- Applicability of EU directives
- Extensive Double Tax Treaty network.