Cyprus
Company Formation Services

Corporate Taxation In Cyprus
Advantages to Register In Cyprus

Taxation

Cyprus offers one of the most attractive tax regimes in Europe. A member of the European Union since 2004, Cyprus’ regulatory regime is in full compliance with the requirements of the EU and OECD. Cyprus has one of the lowest corporate tax rates in the European Union at 12.5%. The island’s advantageous tax rate coupled with an extensive list of double tax treaties places it high on the list of preferred jurisdictions for international tax planners.

All Cyprus tax resident companies are taxed on their income accrued or derived from all chargeable sources in Cyprus and abroad. A non-Cyprus tax resident company is taxed on its income accrued or derived from business activity carried out through permanent establishment in Cyprus and on certain income arising from sources within Cyprus.

A company is considered as resident in Cyprus if it management and control is based in Cyprus.

Foreign taxes paid can be credited against the corporation tax liability.

Corporate tax rate for all companies is 12,5%.

Type of income Exemption limit
Profit from the sale of securities The whole amount
Dividends The whole amount (*)
Interest not arising from the ordinaryactivities or closely related to theordinary activities of the company The whole amount (**)
Profits of a permanent establishmentabroad, under certain conditions The whole amount

Notes:
(*) Dividend income may be subject to Special Contribution for Defence;
(**) Interest income is subject to Special Defence Contribution;

Fixed Annual Levy

On 26th August 2011 The House of Representatives of Cyprus announced a fixed Annual Levy of €350 per annum on all companies which is payable by the 31st December each year. Non-payment of the levy may result in deregistration by the Cyprus Register of Companies.

Why TBA

What separates us from our competitors is that our services don’t end with the registration of your company. We offer a wide range of additional services others can’t or just won’t offer, such as lifetime free support.

Whilst most providers either specialise on personalized consultation at relatively high rates or run bulk registration factories without any support, we want to offer the positive aspects of both types.
Therefore TBA combines professional advice, worldwide registration services, reasonable fees, customized order processing, lifetime support and fast processing. Where others see company formation services as a bulk registration with no support and no individual assistance, we do care about your business needs

Should you have any question or matter
You would like to discuss or clarify with us

Or

Should you like to receive further Information
About our services and fees, …

Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your company.

You may call or email us, and we will be happy to assist you in a fast and efficient manner.

You can also come and visit us at our Limassol offices to discuss issues face to face if you prefer. Just arrange an appointment and we will be happy to meet with you.