Cyprus' strategic location, full EU membership, robust legal system, competitive corporate income tax rate of 12.5%, and educated workforce make it an ideal country to start a business in.
A Cyprus holding company enjoys a very low Corporate Income Tax Rate of 12.5%, which is one of the lowest rates in Europe. To be treated as a Cyprus tax resident holding company, the management and control of the company must be exercised in Cyprus. Non-resident companies are taxed separately, according to the income they produce in the country.
A Limited Liability Company is legally separate from the people who own it and it has separate finances and separate liabilities from its owners. It has shares and shareholders and it can keep any profits it makes after paying taxes.
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
In its efforts to further improve the position of Cyprus as a major Global
A foreign company may establish a presence in Cyprus either through a subsidiary or a branch. We undertake Cyprus Company Formation and thew opening of a Bank Account.
Cyprus offers one of the most attractive tax systems in the World. Cyprus is a member of the European Union since 2004 and therefore, offers full access to the Business friendly European Directives
The Corporate Tax Rate is 12,5% on profits, one of the lowest in the European Union, There is no withholding tax on dividends, interest and royalties paid outside Cyprus and many more that make Cyprus's Tax System one of the most attractive in the World
