• About Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ
  • Contact Us
Login | My Posts
Accountants in Cyprus
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
Accountants in Cyprus
No Result
View All Result
Home Publications Articles

Benefits of Investing In Cyprus and Tax Benefits

February 8, 2018
in Articles
Reading Time: 2 mins read
Benefits of Investing In Cyprus and Tax Benefits

Cyprus is known for its favorable business culture which looks inviting for foreign investors. The list of accounting and audit firms in Cyprus offer world class services to businesses and individuals, especially for company formation in Cyprus.

 Being one of the popular tourist destinations,Cyprus becomes an ideal place for international firms. It has an advanced economy with a population of about 8.4 lakhs people. The island has high human development index (HDI), and good quality of life style.

So, let’s walk through the major reasons to invest in Cyprus:

Why live and work in Cyprus?

  • British Non-EU who wishes to settle in Cyprus can apply for a Temporary Employment and Residence Permit at Migration Department.
  • Taxable income up to €19 500
  • Top marginal tax rate of 35% (for taxable income in excess of € 65.000)
  • The latest personal tax incentive is 50% exemption
  • The latest personal tax incentive in Cyprusis 50% exemption. The exemption is valid for five years in scenarios where the annual remuneration crosses €100.000
  • Cyprus incorporation laws are quite practical and simpler

Reasons to invest in Cyprus and tax benefits:

  • One of the major reasons to invest inCyprusis that, even foreign investors get to leverage the low tax rates just like the local businesses. This makes Cyprus one of the thriving business designations and the most flexible international financial centre.
  • The re-domicile procedures to transfer the registration of a business from any foreign country are quite easy and faster in Cyprus. International companies get attracted to the taxation benefits in Cyprus which gives them hope for maximizing profits.
  • Cyprus registered companies pay tax at the rate of 12.5% which is the lowest rate in EU.
  • There is no tax applied on payments of interest or royalties except intellectual property.
  • Cyprus has a total of 62 double tax treaties with different countries.
  • Income up to 19500 is not chargeable for tax.
ShareTweetShare
Previous Post

Cyprus New Tax Legislation And Recent Amendments

Next Post

19% VAT on Plots

Next Post

19% VAT on Plots

Newsletter

Latest News

Interview: The future of the Cyprus accounting sector
Videos

The future of the Cyprus accounting sector

March 30, 2023

Interview: George P. Christou, Managing Director of Euroaudit, talks about the future of the Cyprus accounting sector, the challenges it...

Read more
Financial Services Sector: Future of Finance

Financial Services Sector: Embracing the Future of Finance

March 24, 2023
Financial Services

More financial services included in accountants portfolio

March 23, 2023

Accountants in Cyprus is an accounting portal that consists of information in the field of finance and a network of Cyprus accounting firms and other financial service providers .

USEFUL LINKS

  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos
Menu
  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos

USEFUL LINKS

  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms
Menu
  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms

AFFILIATED SITES

logo-lawyers-in-cyprus
lawyers-malta
2022 © Accountants in Cyprus. All Rights Reserved. Developed by Wizzweb
  • About
  • Cyprus Accounting Services
  • Auditors in Cyprus
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Accountants Cyprus
    • Cyprus Economy
  • Find Accountants
  • Contact Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ

© 2023 Accountant in Cyprus

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.