evangelouloizou2019-10-02T11:54:54+03:00Corporate Tax Residency in Cyprusevangelouloizou2019-10-02T11:54:54+03:00
A Company is considered a Tax Resident of Cyprus if it is Managed and Controlled in Cyprus.
Intellectual Property Tax (IP Box) in Cyprus drops the effective tax rate to as low as 2,5%. Probably the lowest effective tax rate for IP in the European Union. This is why a lot of multinationals are moving the management of their IPs in Cyprus