invest in startups and innovation

Investors willing to invest in innovative startups in Cyprus, now have a good reason to do so. Tax exemptions and various other incentives apply.

cyprus tax resident

Every physical person who settles in the republic has to obtain a Cyprus Tax Identification Number. The acquisition of Cyprus Tax Identification Number is a simple process and usually takes 1-2 days to completion.

cyprus company formation

The local tax legislation along with the simplified procedures make the Cyprus company a very attractive base to operate. Cyprus is a home for some international colossal companies as well as for new startup due to the incentives announced in 2017.

Cyprus tax applies some exemptions on the income tax for physical persons thus making the country an attractive destination for professionals and entrepreneurs willing to operate from Cyprus.

What are the obligations of a Cyprus tax resident?