• Established member of the European Union since 1^stMay 2004.

• Popular tourist’s destinations and ideal business location.

• Save Time with direct flight connections to Europe, Africa and Asia.

• One year multiple entry visas for European countries are straight forward.

• High quality health and education system.

• Low cost of living for the whole family

• Key sectors Tourism, Shipping, Investment funds, and Professional Services Industries and Construction services industries.

• Maintains statutory corporate tax rate of 12, 5%.

• Double Taxation Agreement with over than 50 countries across the globe.

• Foreign sourced dividends are generally exempted from Cyprus Tax.

• Foreign workers and residence permits willingly acquired.

• First €19.500 of income is fully exempt from Cyprus tax.

• A Cyprus tax resident individual by obtaining the Cyprus non domicile resident status is totally exempt from Cyprus taxes on dividend, interest and rental (property situated in Cyprus) income.

Tax rates, scope and reliefs may change. Any statements concerning taxation are based upon our understanding of current taxation laws and practices which are subject to change. Tax information has been summarised.

Contact us for personal advice

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