Cyprus

Cyprus offers one of the most attractive tax regimes in Europe. A member of the European Union since 2004, Cyprus’ regulatory regime is in full compliance with the requirements of the EU and OECD.

• Cyprus resident companies are taxed on their worldwide income
• Zero tax on Dividends: Companies resident in Cyprus are exempt from income tax in respect of dividends received from other Cyprus resident companies
• Zero tax on profits from the sale of shares and other securities
• Foreign investors can invest up to 100% in any Cypriot enterprise, without a minimum level of capital investment
• Tax treatment of Losses: Tax losses can be carried forward and set off against future profits indefinitely. Group relief has been introduced
• Double Taxation Treaties with over 60 countries
• Lowest corporate tax in EU: All companies are subject to a uniform tax rate of 12.5%
• Zero withholding tax on dividends, interest or royalties paid to non-residents
• Bilateral Investment Agreements with many countries