About Cyprus

Why choose Cyprus

  • One of the most competitive corporation tax, personal taxation and VAT rates in the European Union
  • Excellent network of double taxation treaties with more than 40 countries
  • No withholding of taxes for payment of dividends to non residents
  • Non resident companies are taxed only on the income derived in Cyprus
  • Capital gains tax is payable on the sale of immovable property in Cyprus, and on the sale of shares in a company that owns immovable property in Cyprus
  • Excellent group relief and carried forward losses legislation
  • No inheritance taxation in place since 1st January 2000