Immigration: Relocation
Cyprus tax legislation & advantages
- ‘Largely Compliant’ upgraded OECD Global Forum rating EU & OECD, CRS, EOI, BEPS, FATCA Compliant / Access to EU directives
- One of the lowest corporate income tax rates in the EU at 12, 5%
- Dividend participation exemption
- Exemption from tax on profits from disposal of securities (shares, bonds, debentures)
- No withholding taxes.
- No succession taxes.
- Low taxation of capital gains (except for disposal of real estate in Cyprus or shares of company holding real estate in Cyprus)
- No Thin Capitalization rules
- No Controlled Foreign Company (CFC) rules
- Notional Interest Deduction (NID) on investment in Cypriot companies
- Tax favorable IP Box regime
- Start-up legislation (Pending Parliament approval) Cyprus provides tax incentives for investing in innovative Start-ups and SMEs. The qualifying investors are the following:
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- Existing innovative Enterprises: R&D costs represent at least 10% of its total operating costs in at least one of the three previous years
- New innovative Enterprises (Start-ups): Assessment based on business plan
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Contact us!
+357 22675231
Send us a message!
indianos@indianos.com.cy
Visit our office!
Diagorou 4, Kermia Building, Office 204, 1097 Nicosia, Cyprus
Working hours:
Mon - Thu: 8:30 am - 6 pm
Fri: 8:30 am – 2:30 pm