EXCEPTIONAL NATURALIZATION

For the background information on the topic please refer to the article Acquiring Cypriot Citizenship by Direct Investment. What is the applicable law? Law 141(Ι)/2002-2011 (sections 109-113 και 3rd schedule) Appendix “D” of the Treaty of Establishment of the Republic of Cyprus Ministerial Council Decision dated 10.10.2011 1.  Immediate Investments Investment Purchases of immovable property, or businesses/companies […]

WHO DO CYPRUS DIVIDEND TAXES APPLY TO?

In last week’s article, an overview of the Cyprus’s defense tax was given. As briefly outlined before, Cyprus’s defense tax also, in certain cases, applies to dividends. However, whether or not the dividends are taxed depends on if the income is received by a corporate shareholder or an individual. Since Jan. 1, 2003, dividends have […]

ANNUAL LEVY FOR 2012

The annual levy of the Cyprus registered entities for the year 2012 is payable by 30 June 2012. All active companies must pay the fee by that date in order to avoid any unnecessary penalties and charges. Dormant companies are exempt from the levy. However, should file the necessary declaration with the registrar of companies […]

YOUR CYPRUS COMPANY TAX QUESTIONS ANSWERED

If you’re considering registering a Cyprus company, you probably have questions about tax laws. You might wonder if your Cypriot company has to pay tax, and if you’ll be able to benefit from double tax treaties. You might also wonder, in the case of a dispute, in which country will the resolution be handled? Does an Offshore Cyprus […]