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Key benefits of Doing Business in Cyprus

WHY CYPRUS Key Benefits for Cyprus Business Favourable tax rate of 12.5° • No tax on disposal of securities • No capital gains tax except from sale of immovable property located in Cyprus • Tax legislation approved by the European Union • Profits from permanent establishment abroad are fully exempt subject to conditions • Dividend income is tax exempt subject to conditions • Low profit margin for financing companies is allowed • Low personal tax rates for individuals with tax-free amount, significant reduction for first time employment of non residents in Cyprus and for overseas employment • No tax on income earned outside Cyprus for non residents Double Tax Treaties with 50 Countries, reducing withholding taxes up to 0% on dividends, interest and royalties paid to Cyprus • Azerbaijan • Hungary • India • San Marino • Serbia and Montenegro • Seychelles • Singapore • Slovakia • Armenia • Austria • Belarus • Ireland • Italy • Kuwait • Belgium • Bulgaria • Canada • Kyrgyzstan • Lebanon • Moldova • Slovenia • South Africa • China CIS (ex-USSR) • Czech Republic • Sweden • Syria • Tajikistan • Malta • Mauritius • Norway • Poland • Denmark • Thailand • Ukraine • Egypt • Germany • France Qatar • Romania • United Kingdom • United States of America • Greece • Russia • Yugoslavia No withholding taxes on payments of dividends, interest and royalties outside Cyprus Cyprus is an EU country member with EUR currency • Access to EU parent subsidiary directive • Access to EU interest and royalties directive • English as a business language • Advantageous geographical location and time zone Minimum requirements The minimum authorised share capital is €1,000 • The minimum number of directors is one. There are no nationality requirements for directors. • The minimum number of shareholders is one • A company secretary is required. • Audited Financial statements are required Filling of an Annual Return is required • Bearer shares can not be issued NEED MORE REASONS? Always nice Weather August is the Ihottest month in Nicosia with an average temperature of 25.6 C (78.1°F) The coldest month is January at 11.15 C (52.1°F) Discover beatifull beaches, golf facilities & tasty food KSA CERTIFIED PUBLIC ACCOUNTANTS Design by A Dec. 2013 weborts

Key benefits of Doing Business in Cyprus

shared by webarts on Jan 13
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A great Infographic, a visual presentation of Cyprus companies key benefits, double tax treaties and other privileges and general information about Cyprus island






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