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1- Very Low Tax (0% to 12,5%) – (see for details below)

2- Able to open a well-developed office in Cyprus as well as Virtual Finance Office (VFO).

3 -Benefits from Double Tax treaties

4- Excellent rank, location and climatic conditions

5- Excellent Banking and Professional Services

6- Inducement for receipt of dividends, interest and royalties, many cases at zero tax

7- No capital gains tax on sale of property situated outside Cyprus

8- No taxes for trading of shares


* Corporate tax rate *

Cyprus has corporate income tax rate of 0%-12,5%. This is the lowest corporate tax rate in the European Union. Exemption from tax on dividend income Dividend income is exempt from tax irrespective if its source provided that a minimum 1% holding in the company paying the dividend is maintained and either the paying company engages directly or indirectly in more than 50% of activities that give rise to non-investment income or the non-Cypriot tax burden on the dividend paying company’s income is not lower than 5%. Dividends are not considered to be sourced from investment income if they are derived directly or indirectly from trading subsidiaries.

No withholding taxes Dividends paid to non-resident shareholders are exempt from withholding tax in Cyprus. Also, no withholding tax is imposed on interest paid form Cyprus as well as on royalties paid form Cyprus in respect of intellectual property exploited outside Cyprus. The nil withholding tax rates apply irrespective of whether the recipient is a body corporate or an individual, the county of residence of the recipient or whether a relevant double tax treaty exists.

Capital gains and income tax exemption for securities

Cyprus does not impose income or capital gains tax on the profits and gains derived from the disposal of securities, irrespective of whether the profits and gains are considered to be of a revenue or capital nature. Securities, as defined in the law, include shares, bonds, debentures, founder’s shares and other securities of companies or other legal persons incorporates under a Law of Republic of Cyprus or overseas and options over such securities.

 Capital gains and income tax exemption for real estate

Cypriot companies can be used to hold real estate or other assets outside Cyprus with no Cypriot capital gains tax implications on disposal of the assets as capital gains tax only applies to gains on the disposal of immovable property which is situated in Cyprus or unlisted shares in a company which owns immovable property situated in Cyprus.