The local tax favors high net worth individuals, investors, or entrepreneurs who want to setup a startup or relocate with their families or businesses due to the various tax benefits.
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.
The last few years international enterprises from various sectors have relocated and now operate under the European standards via Cyprus, enjoying security and at the same time attractive tax legislation.
Cyprus is a destination for many international organizations holding Intellectual Property rights. The reason is the established IP Box and the Tax incentives given for this companies.
Cyprus personal tax regime is one of the most attractive in Europe. Professionals, entrepreneurs and salaried people consider Cyprus as their tax residence for the advantages of the local personal tax.
The deadline for the tax return form for self-employed individuals is near.
Tax credit legal amendment for property owners that rent to third parties and voluntarily reduce their rent collection amount.
Tax return submission 2018 for employeed and self-employeed individuals.
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.
The program was launched to create jobs, promote innovation, research, develop the business ecosystem and support the economic development of the country. But how Cyprus Startup Visa helps and attracts foreign entrepreneurs?
Why a Trust is very important mechanism in a successful tax planning. Learn also about International Cyprus Investment Scheme.
Nicosia Office61 Agiou Pavlou Street, Agios Andreas, 1107, Nicosia, Cyprus
Larnaca Office90 Spyrou Kyprianou, Kontopyrgos TowerOffice 202, 6052, Larnaca, Cyprus
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+357 22 777021
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