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
