Cyprus in a nutshell
Cyprus is the third-largest island in the Mediterranean lying at the intersection between Africa, Asia and Europe. It offers not only some of the most stunning scenery you will find anywhere, including fantastic beaches and snowy mountains, but is also an ideal place for entrepreneurs to set up their business.
Enjoying Life
Safe and secure
Lively and peaceful
Multicultural
High standard of living
Qualitative education
Wonderful climate and healthy environment
Ease of immigration
Doing Business
Strategically located
Member of the EU
Reliable legal system
Comprehensive tax system with tax incentives both to companies and individuals
Robust regulatory framework
Ahead of Competition
Simplified procedures on company formation
Low corporation tax on net profits at 12,5%
Dividends and interest are exempt from Cyprus income tax and subject only to SDC in the case of domiciled tax residents
Foreigners can apply for and obtain the non-domicile status being relieved from SDC on dividends and interest received
Profit on disposal of securities is tax exempt
Capital gains are not taxable in Cyprus except for the 20% tax on gains on immovable property located in Cyprus
Intellectual Property (IP) exemption of 80% of the overall profit derived from the qualifying intangible asset
Exemptions and deductions on individuals' income tax