Corporate & Commercial

The taxation scheme on corporate tax for Cypriot companies, provides the lowest tax rate (12.5%) in the European Union. Cyprus being a member of the EU, provides access to EU directives and EU VAT registration.

Tax System

Its main features are:

1. One of the lowest corporate income tax rates in the EU at 12.5%

2. Dividend participation exemption

3. Exemption on disposal of “securities” (e.g. shares, bonds, debentures)

4. No succession taxes

5. No withholding taxes

6. Attractive IP regime

7. Tonnage tax for shipping companies

8. Notional interest deduction

9. Personal tax exemptions for new residents and non-domiciles

10. Incentives for investment into start-ups

Our team is ready to consult you on the following areas:

1. Formation of companies in Cyprus

2. Corporate management and administration

3. Domiciliation services

4. Corporate reorganization and restructuring

5. Shareholder agreements and corporate governance issues