Cyprus is a long established reputable International Financial Centre.

Cyprus is considered to be one of the most developed and efficient business locations in Europe mainly because of its excellent infrastructure, large number of trained and qualified professionals and strategic geographical location.

The main features in the provisions of the Cyprus tax legislation that determine the attractiveness of Cyprus for optimization of international tax structures are:

• One of the lowest corporate tax rate in the European Union – 12,5%
• No taxation arising in Cyprus for profits realized from the disposal of Securities
• Dividends are usually exempt from taxation.
• Access to all tax beneficial EU directives
• Advanced tax ruling system
• Accessibility to an extensive network of Double Tax Treaties and the EU Directives.
• 80% of worldwide qualified royalty income generated from qualified IP owned by Cyprus resident companies (net of direct expenses) is exempt from income tax. Also, 80% of profit generated from the disposal of qualified IP owned by Cyprus resident companies (net of any direct expenses) is exempt from income tax as well.