Taxation Law & Tax Planning
Taxation Law & Tax Planning
Cyprus is a truly international business centre in Europe. A member of the EU since May 2004 and in a unique location at the cross-roads of Europe, Asia and Africa, Cyprus serves as an attractive centre through which to conduct international business. Promotion of private investment is highly supported by government policies; commercial banking is also of a very high standard whereas Cyprus also enjoys advanced technology infrastructure and direct air connection with Central and Western European countries, Russia and the Middle East.
Most importantly, businesses choosing to operate through a Cyprus company take advantage of the attractive corporate legislation of Cyprus and its significant tax benefits: a uniform corporate tax rate of 10% for all companies (one of the lowest corporate tax rate in Europe), tax exempt dividend income (subject to certain prerequisites), tax exempt profit from trading with securities, tax exempt profits from a permanent establishment maintained abroad, exemption of capital gains (subject to exceptions), competitive personal tax rates etc. Non E.U. citizens may also utilise Cyprus corporate entities as worldwide trading vehicles, subject to investment guidance issued by the Central Bank of Cyprus.
We provide comprehensive advice and services on:
- Designing efficient, cost effective and profit maximising corporate structures
- Formation, maintenance and development of corporate structures
- Representation, secretarial, administration and trustee services
- Introduction and liaising with financial institutions
- Introduction and liaising with professionals providing accounting and auditing services