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S
ummary of Cyprus TaxationCompanies whose management and control is exercised in Cyprus are considered Cyprus resident companies and are taxed on their World Wide Income... - read more
I
mmovable Property TaxImmovable property tax is imposed on the market value of immovable property as at 1 January 1980 and is calculated on the... - read more
C
apital Gains TaxCapital gains tax (CGT) is imposed at the rate of 20% on gains from the disposal of immovable property situated in Cyprus... - read more
A
dvantages of Registering for VAT in CyprusApart from Cyprus enacting legislation which enables Cyprus companies to act as very effective Holding Companies, Cyprus can also act as an... - read more
V
alue added taxImposition of tax VAT is imposed on the provision of goods and services in Cyprus, as well as, on the acquisition of... - read more
D
ouble tax treatiesCyprus has signed over 30 treaties (see table) which provide for the beneficial treatment of withholding tax compared to non-treaty countries. Further... - read more
W
ithholding tax and Defence taxThere is no withholding tax on the payments remitted abroad by Resident Companies, with foreign participation, for dividends, interest and royalty rights. Further there...