Cyprus is committed to the OECD guidelines to eliminate harmful tax competition initiatives against harmful tax practices, in light of which the tax system in Cyprus underwent some major reforms, which however have rendered Cyprus to be in a stronger position and retain its attractiveness as a base for international business.
With one of the lowest tax rates in Europe, combined with its extensive double taxation treaties network, its convenient location and time-zone, as well as the mature, professional legal, accounting and banking services, Cyprus is highly-ranked amongst investors and international tax planning specialists. Together with all the additional benefits provided by the Cyprus tax law in relation to Dividends, Interest and Royalties, it makes Cyprus companies more attractive in the context of tax planning structures
Key benefits offered
Our team of tax experts stand ready to offer our clients advise as to optimal tax structures in accordance with their specific requirements and circumstances.