Cyprus Trading Company
One of the main advantages of registering a trading company in Cyprus is the favourable
tax regime of 10 % on the corporate profits, which is the lowest in Europe.
That benefit in collaboration with Cyprus key
geographical location, being situated at the cross-roads of two continents makes it a very important strategic reason to set up a trading company in Cyprus.
More specifically, in international
triangular trading, the Cyprus Company can be used as an intermediary to purchase goods from a third party overseas to be sold to another country, utilising thus the favourable tax system of 10 % on the annual profits and reducing the overall tax burden of the transaction.
In addition, due to the
numerous double tax treaties that Cyprus has entered into with third countries like those of Eastern and Central Europe, the Cyprus Trading company may enter into trading activities with these countries and its profit will be taxed only in Cyprus at a low tax rate of 10 %.
From the 1st of May 2004, date of Cyprus' accession to the European Union, a Cyprus Trading company that is registered to VAT in Cyprus may sell and receive goods to/from other member states at
zero VAT rate.
Contact:
info@pkalopetrides.com.cy, Tel: +357 22669017