Cyprus is considered to have one of the most attractive Tax regimes in Europe for both organizations and individuals, allowing professionals to use Cyprus as a base and operate anywhere in the world.
- Corporate tax rate 12.5%
- Low income tax
- Income Tax exemptions
- Income Tax deductions
- EU State Member
- IP Box
- Tonnage Tax System
Personal Tax in Cyprus
The low corporate tax rate, the attractive income tax regime with multible tax exemptions and deductions are the most important advantages, but Cyprus has much more to offer. A state member of the European Union, Cyprus provides the opportunity to companies and investors to operate under a secure legal framework and environment, protecting businesses and at the same time promoting their growth.
What is Individual Tax?
The tax obligations based on the yearly income of any Cyprus Tax Resident.
Corporate Tax in Cyprus.
What is the corporate Tax rate for Cyprus companies?
The corporate tax rate in Cyprus is 12,5% and is calculated on the annual profit of any Cyprus registered company.