Tax in Cyprus
Cyprus is one of the most attractive locations worldwide of doing business, acquire property or retire mainly from tax perspective.
- A uniform corporate tax rate of 10% - the lowest in Europe.
- Extensive network of double tax treaties (33 countries).
- Probably the most favourable holding company jurisdiction.
- Dividends can flow through the Cyprus entity totally tax free.
- Reasonable company incorporation and operating costs.
- No withholding tax on dividends.
- Able to register for VAT purposes.
- Exemption of estate duty on inheritance shares.
- Low income tax for expatriates.
- Advantageous tax system for pensioners.