CYPRUS  TAX BENEFITS

• 12.5% ​​Corporate tax rate – One of the lowest in the EU
• Tax exempt income includes:
Dividends (conditionally)

Profit from the sale of shares and other qualifying securities (unconditionally)

Profit from disposal of vessels

Profit attributable to foreign PE (conditionally)

Extensive Double Tax Treaties network

Access to EU directives

No thin-capitalization rules or D / E ratios

No payments to non-residents (apart from royalties paid for IP economically lized in Cyprus)

• Exit tax
rules (in general)
• Capital gains tax only gains from the sale of real estate situated in Cyprus listed on the recognized stock exchange)
• IP Box regime: effective tax rate of 2.5% on profits from the use and sale of qualifying non-current assets
• Tonnage Tax regime
• Low tax rates
• Possibility to obtain tax rulings in advance by tax authorities provides flexibility and minimization of tax risk
• Tax incentives for expatriate employees taking up employment in Cyprus – 50% exception of the remuneration from any office or employment exercised in Cyprus that exceeds € 100,000 per annum by an individual who was not a tax resident of Cyprus prior to the commencement of employment years 5) -20% exception with a maximum of € 8.550 of remuneration from any office or employment exercised in Cyprus by an individual who was resident outside Cyprus before the commencement of his employment (applicable for 3 years)
• Stamp duty on contracts in exception relation to Cyprus flag vessel
• ‘Non-dom’ rules for Cyprus tax resident not domiciled in Cyprus. Any interest, rents or dividends, whether actual or deemed, irrespective of whether such income is derived from sources within Cyprus, and is irrespective of whether such income is transferred to a bank account in a bank or economically used in Cyprus.