Cyprus has a simple, transparent and attractive tax regime fully compliant with EU and OECD standards having the following main characteristics:

• General corporate tax rate of 12,5% on profits and one of the lowest effective corporate tax rates in the EU;
• Dividend income, profits from overseas permanent establishments and profits from the sale of securities are exempt from tax;
• No withholding tax on dividend, interest and royalty paid from Cyprus;
• Unilateral credit relief for foreign taxes;
• No capital gains tax/ except on real estate situated in Cyprus;
• No detailed transfer pricing rates (arm’s length principle only);
• Group loss relief;
• No wealth taxes and only minimal stamp duties;
• Most international transactions are free of VAT charge;
• 80% exemption of royalty income and gains from disposal of intellectual property;
• Wide network of favourable Double Tax Treaties with fifty key jurisdictions;
• Generous tax exemptions for non-resident individuals taking up highly paid employment in Cyprus.

• Strategic Location
• European Union Member
• Attractive Tax Environment
• Extensive Double Tax Treaties Network
• Robust and Transparent Regulatory Environment
• High Quality Professional Services
• Availability of Human Talent
• Low Set-up and Operating costs
• Well developed Infrastructure
• Quality of Life and Climate