Tag

Tax
Cyprus is considered an attractive destination to register a company due to the various benefits the island’s company and tax systems offer. CORPORATE TAX RATE The corporate income tax in Cyprus is 12.5%, a tax rate that is considered one of the lowest within the European Union. IMPOSITION OF CORPORATE TAX All Cyprus tax resident...
Read More
New Tax Measures to Attract Foreign Investors The government of Cyprus has announced new amendments in the island’s tax system in order to: Attract foreign investment and Increase Cyprus’ economic activity 1. NOTIONAL INTEREST DEDUCTION This measure enables companies to deduct deemed interest on new equity funds as of 1st January 2015.The interest will be […]
Read More