Cyprus in International Tax Planning

The lowest tax rate in Europe coupled with a long list of double tax treaties, an enviable time zone location and a mature legal, accounting and banking infrastructure, places Cyprus high on the list of preferred jurisdictions for international tax planners.

Key benefits offered

• Introduction of the concept of tax resident and non-resident companies
• Taxation of worldwide income for tax residents and Cyprus-sourced income for non-residents
• A uniform corporate tax rate of 10%
• Tax-exempt business profits of non-resident companies
• Tax-exempt gains on the trading and disposal of securities
• Tax-exempt dividend income (subject to applicable criteria)
• Tax-neutral group reorganisations
• Tax-relief for group losses
• Full adoption of the EU Parent-Subsidiary Directive
• Full adoption of the EU Mergers Directive
• Full adoption of the EU Directive on Mutual Assistance and Cooperation
• Full adoption of the EU Royalty and Interest Directive

Read more advantages of Cyprus [1]as an attractive jurisdiction for business entities,

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Downloads

General Info: 

The Cyprus Company Factsheet [4]

The Cyprus Company - Opportunities for International Tax Planning [5]

Incorporation Info: 

Cyprus Company Application Form [6]

Cyprus Trust Application Form [7]

Legal References: 

Cyprus Fiduciaries Law - Draft [8]

ATG Technical Newsletters: 

Cyprus Double Tax Treaties [9]

Cyprus Holding Company [10]

Cyprus in International Tax Planning [11]

Using a Cyprus company to Structure Acquisitions [12]