CYPRUS CORPORATE TAX HIGHLIGHTS

Corporation tax of 12.5% on net profits (lowest in the EU)

Existence of double taxation treaties with over 40 countries

Dividends to shareholders are tax free.

No withholding tax on interest

Expatriate employees, receiving their salary through Cyprus, do not pay income tax if working abroad.

Double tax treaties with over 50 countries

No inheritance or gift tax in Cyprus; No Net Wealth Tax

Free movements of profits derived from operation on non resident investments

Full capital gains tax exemption is given on capital gains

Salaries of foreign employees of offshore entities employed outside Cyprus are completely tax exempt

Access to EU directives

Profit from the disposal of shares, securities etc. are tax exempt