WHY
CYPRUS
Cyprus has established itself as one of the most attractive business and financial hubs in Europe — combining a favourable tax environment, a strong legal framework, and a strategic location at the crossroads of Europe, Asia, and Africa.
The island offers a competitive corporate tax rate of 12.5%, full compliance with EU regulations, and access to an extensive network of double tax treaties. These advantages make Cyprus an ideal jurisdiction for international tax planning, holding companies, investment structures, and business expansion.
Beyond its tax benefits, Cyprus provides political stability, a robust banking and professional services sector, and a highly skilled, English-speaking workforce. Its legal system, based on English common law, ensures transparency, investor protection, and business confidence.
At Core-Tax, we help businesses and individuals leverage the full potential of Cyprus as a premier international business centre. Whether you’re establishing a new entity, managing cross-border operations, or ensuring compliance with local regulations, our team provides the expertise and support you need to succeed in Cyprus and beyond.
Strategic Location
• Cyprus is an island situated in the north-eastern basin of the Mediterranean Sea at the junction of three continents, Europe, Asia and Africa, thus enjoying a strategic and central geographical location which enables Cyprus Companies to be used as a gateway to Europe, Asia and Middle East;
European Union Member
• The full EU membership of Cyprus since 2004 and its accession to Eurozone since 2008 render a Cyprus-registered Company a prestigious vehicle;
Robust and Transparent Regulatory Framework
-
The Cypriot tax system is fully aligned with EU Directives and adheres to the Code of Conduct for Business Taxation, ensuring compliance and fairness while discouraging harmful tax practices.
-
Cyprus legislation permits the use of nominee shareholders, directors, and secretaries, offering flexibility and protecting the confidentiality of business owners.
High-Quality Professional Services
-
Cyprus boasts a highly skilled, multilingual workforce, well-versed in international business standards.
-
The country offers efficient and reliable accounting, legal, and banking services, supporting both local and international enterprises.
.jpg)
Robust and Transparent Regulatory Framework
-
The Cypriot tax system is fully aligned with EU Directives and adheres to the Code of Conduct for Business Taxation, ensuring compliance and fairness while discouraging harmful tax practices.
-
Cyprus legislation permits the use of nominee shareholders, directors, and secretaries, offering flexibility and protecting the confidentiality of business owners.
High-Quality Professional Services
-
Cyprus boasts a highly skilled, multilingual workforce, well-versed in international business standards.
-
The country offers efficient and reliable accounting, legal, and banking services, supporting both local and international enterprises.
Attractive Tax Environment
-
Corporate tax rate of 12.5%, one of the lowest in the European Union.
-
A wide network of double tax treaties offering favourable terms with numerous countries.
-
No withholding tax on dividends paid to non-resident individuals or companies.
-
Profits of foreign branches are exempt from Cyprus tax when management and control are exercised outside the Republic.
-
No inheritance or estate tax in Cyprus.
-
Capital gains tax applies only to the sale of immovable property located in Cyprus.
-
Profits from the sale of securities are completely exempt from taxation.
-
Dividends received from Cyprus-resident companies are tax-free.
-
Dividends from non-resident companies are also exempt from tax, provided certain conditions are met.
-
Generous group relief and loss carry-forward provisions enhance corporate efficiency.
-
No tax on repatriation of profits from Cyprus companies to non-resident shareholders.
