Why Cyprus for A Company

WHY CYPRUS?

* 10% uniform tax rate (lowest in Europe)

Tax system fully complied to EU and OECD directives

* No further tax on dividends or profits for foreign beneficiaries

* Comprehensive Double Tax Treaty network

* No time restrictions on carrying forward of Tax losses

* Tax exemption for Cypriot non-resident companies, tax relief for

foreign tax imposed

* Low personal tax rates and Social Insurance Contribution

* Interest deduction for borrowing costs

* No tax on merges, takeovers and other re-organization activities

* No capital gains, except on sale of immovable property in Cyprus

Non Tax Incentives

• Stable Political and Economic Environment and reliable Legal Framework. Legal System based on English Common Law
  
  
• High Standard Legal and Accounting and other professional services at Law cost
  
  
• Advanced Banking System allowing internet – access world-wide
  
  
• Efficient and professional Tax Authorities and related Government services
  
  
• Excellent IT, telecommunication infrastructure sea and our accessibility for passengers and products, strategic location and time zone
  
  
• Easy to acquire immovable property to combine company tax incentives with holiday home or permanent residence enjoying 300 days of sunshine in the Mediterranean
  
  
• High standard of living, advanced health services.