Cyprus

Cyprus is a long established reputable International Financial Centre. Cyprus is a member state of the EU since 2004 and in full compliance with OECD (Organization for Economic Co-operation and Development) requirements and offers one of the lowest tax rates (12.5%) in the EU with an extensive network of double taxation treaties which enhance its competitiveness and make it an attractive financial centre through which to conduct international business

Tax costs play a significant role in investment decisions. Investors aim in maximising after tax return on investment. Therefore investment structures which have the least tax leakage are preferred by investors and are recommended by the advisors

As such, a Cyprus company can be utilised in structures exploiting local tax legislation and collect income which is taxed at lower rates. Withholding tax is eliminated or reduced under double tax treaties or under EU directives. The income can then be repatriated in any form the investor wishes without withholding tax

A Cyprus company is suitable both for EU inbound and outbound investments. There are no investment activities which are inappropriate for the Cyprus tax environment. However, there are investment activities which are indeed ideally suited to the Cyprus tax environment

Services provided by our Cyprus Associates:
• Audit & Assurance
• Accounting
• Payroll services
• VAT related services
• Business Management and Consultancy
• Internal Audit
• Company Formation and Fiduciary services
• International Business services
• International Trusts
• Citizenship by Investment