Cyprus has an advanced tax planning culture as it combines the low or, in certain cases, zero tax rates and the extensive double taxation treaties network. The continued efforts of the government of Cyprus to expand and enhance its network of double taxation agreements, by way of negotiations with new countries and update of existing tax treaties, has turned Cypriot companies into an essential part in large international structures.
Cyprus, having one of the lowest fixed corporate tax rate (12.5%), in the European Union and a very competitive V.A.T. rate (19%) together with all the additional benefits provided by the Cyprus tax law in relation to Dividends, Interest and Royalties make Cyprus companies more attractive in the following tax planning structures:
- Holding Company
- Trust Company
- Finance Vehicle Company in order to finance other corporate entities
- Trading Company
- Royalty Company
- International investment schemes
Our team of tax experts and our associate accountants and/or auditors, advise clients on complex issues in the area of taxation, focusing on the optimal tax structures, while serving the clients operating needs.