Cyprus has the European Union's most favourable tax system for corporate & individuals

It is important to highlight that Cyprus is not an offshore tax haven. The Cypriot tax regime and tax legislation is in full conformity with both European Union Laws and Directives and with the Organisation for Economic Cooperation and Development (OECD). In fact, Cyprus has not only fully adopted all EU Directives, it has even gone further by not imposing minimum holding period, percentage holding and any other restrictions used by most Member States. This then also becomes one of the main tax benefits to investment activities via Cyprus; that is, the sector's global recognition, conformity and credibility. Testament to this is also the extensive network of Cyprus double taxation treaties, working closely with other nations to benefit their private sector, encourage investment, growth and progress, whilst ultimately also benefiting the company's home country.

Indeed, tax planning advantages in Cyprus reach far beyond saving tax (money). It is a complete business strategy for investment (especially to Europe, Middle East and Africa), as well as a global solution for financial efficiency. These benefits are for large corporate companies, small and medium size enterprises (SME), as well as individuals.

CYPRUS CORPORATE TAX HIGHLIGHTS Cyprus stands out as a premium corporate tax planning jurisdiction due to the following key aspects:

·      Now with a 12.5% cap, Cyprus has the lowest corporate tax in the European Union – applies to both onshore and offshore companies. Corporate tax can be reduced to 0% since gains from trading in securities are completely exempt

·      No withholding tax on dividends, interest and royalties paid from Cyprus; Dividends to shareholders are tax free. There is no minimum participation on in bound dividends to qualify for tax exceptions

·      Profits from the sale of shares, bonds, debentures and other titles of companies established anywhere in the world are exempt from tax

·      Extensive double tax treaties network – Cyprus has double tax treaties with over 50 countries.

·      50% of income from interest derived by a Cypriot registered company is exempt from corporate tax

·      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

·      No Controlled Foreign Corporation legislation

Borderless Mortgagor Group is an International Property Consultant, with a global network of over 3000 properties lenders offering 1000 different Offshore Solutions in over 20 different countries. The process is streamlined, fast, and efficient—so clients can enter the property market quickly and find the property that best suits their needs.

For more information on overseas lending and international properties please visit https://borderlessmortgagorgroup.com

 Borderless Mortgagor Group lawyers in Cyprus can provide you all the information about the taxation system. You can also contact us if you need details about company incorporation or the legal system in Cyprus

No Obligation. No-Risk. Completely Confidential.

Tailor-Made Customised Offshore Solutions.

Made Completely For You.