Cyprus Information: Business, Taxation and Investment

Cyprus Tax-News.com Coverage

- 18/01/2012 EU Tax Burdens Stabilize
- 28/11/2011 Cypriot Banks Issue Tax Warning
- 15/11/2011 Healthspan To Challenge UK LVCR Decision
- 01/11/2011 Cyprus Referred To ECJ Over Car Import Tax
- 20/10/2011 Cypriot Government Calls For VAT Hike

More Cyprus Tax News »

Cyprus Tax Treaty Updates from TreatyPro

Treaty Update: Russia - Cyprus
28/7/2011
According to preliminary media reports, Russia ratified a Protocol to the DTA with Cyprus on July 14, 2011. The Protocol was signed in 2010 and amends the 1998 treaty.

Treaty Update: Cyprus - Luxembourg
28/7/2011
According to preliminary media reports, the finance ministers of Luxembourg and Cyprus have agreed that negotiations should commence towards the signing of a convention for the avoidance of double taxation.

Treaty Update: United Arab Emirates - Cyprus
14/7/2011
According to preliminary media reports, the United Arab Emirates government ratified the country's DTA with Cyprus on June 28, 2011.

More Cyprus Tax Treaty Updates from TreatyPro »

Cyprus Knowledge Base

Cyprus Executive Summary

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Cyprus Service Provider's Directory

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Other Related Information

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Cyprus Contributed Articles

- Exploitation of hydrocarbon resources in Cyprus
Contributed by Andreas Neocleous & Co LLC.
- EU labor law in offshore gas-drilling operations
Contributed by Andreas Neocleous & Co LLC.
- Can You Trust Any of the New Offshore Jurisdictions?
Contributed by CS&P Fiduciaire
- Regulation proposal regarding the promotion of activities in the field of the protection of EU's financial interests
Contributed by Andreas Neocleous & Co LLC.
- New package of measures for EU economic and financial strategy
Contributed by Andreas Neocleous & Co LLC.
- A new profitable EU immigration policy
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- Offshore oil drilling, gas exploration and production on activities in the EUc
Contributed by Andreas Neocleous & Co LLC.
- Take the money and run
Contributed by Laveco Ltd.
- Cyprus Shipping
Contributed by Department of Merchant Shipping Cyprus
- The Connecting Europe Facility (CEF) Regulation and its impact on Cyprus Republic
Contributed by Andreas Neocleous & Co LLC.
- Holding companies: why are they necessary?
Contributed by Laveco Ltd.
- Legislative proposal preparation on EU financial transactions tax
Contributed by Andreas Neocleous & Co LLC.
- A reliable choice for international business planning
Contributed by Fiducenter (Cyprus) Ltd
- Energy Market: New legislation on wholesale traders in the EU
Contributed by Andreas Neocleous & Co LLC.
- Economic and tax news bulletin September
Contributed by Anthony Ashiotis & Co.
- Public finances, budgetary developments and planned changes in the EU and in Cyprus
Contributed by Andreas Neocleous & Co LLC.
- EU ENVIRONMENT POLICY: Results and next steps
Contributed by Andreas Neocleous & Co LLC.
- Energy Development Perspectives for the Republic of Cyprus
Contributed by Andreas Neocleous & Co LLC.
- The Adoption of MiFID in Cyprus
Contributed by Patrikios Pavlou & Associates LLC
- Eight factors to consider when choosing a corporate and fiduciary agent in Cyprus
Contributed by Fiducenter (Cyprus) Ltd
- Migration of offshore funds to europe: The cypriot ICIS alternative
Contributed by C. S avva & Associates
- Profit Margins on Intra Group Loans through a Cyprus Tax Resident Company
Contributed by Aspen Trust Group
- Panama shrugs off threat from Colombia dry canal
Contributed by Gerli Wren & Co.
- The Royalty Routing Company Structure
Contributed by Aspen Trust Group
- Cyprus International Trusts
Contributed by CS&P Fiduciaire
- Pledges over Cyprus Shares
Contributed by Harris Kyriakides LLC
- Cyprus Investment Firms: licensed to provide forex, brokerage, portfolio management and other investment services in Cyprus and the EU
Contributed by Anastasios Antoniou LLC
- US entities and US Foreign Bank and Financial Account Reporting (FBAR) Requirements
Contributed by Laveco Ltd.
- Cyprus Private Funds International Collective Investment Schemes
Contributed by Anastasios Antoniou LLC
- Seven methods of ensuring a smooth running of a Cyprus company
Contributed by Fiducenter (Cyprus) Ltd
- Cyprus Company offers the lowest tax rat in the EU, Contributed by Anastasios Antoniou LLC
- The Banking Regulation Review - Cyprus Chapter, Contributed by Patrikios Pavlou & Associates LLC
- The International Comparative Legal Guide to: Product Liability 2011, Contributed by Patrikios Pavlou & Associates LLC
- Ten areas in need of good planning when using a Cyprus company
Contributed by Fiducenter
- Cyprus Commercial Companies and the Need for ‘Substance’
Contributed by Fiducenter
- Why Cyprus?, Contributed by Anthony Ashiotis & Co.
- The New Cyprus Tonnage Tax System
Contributed by Andreas Chrysostomou, Head of Maritime Policy and Standards Division, Department of Merchant Shipping

Cyprus Comments

To ask a question or if you have an opinion you want to share: start a new thread, or reply to a thread below:

Topic: Cyprus

Company questions in Cyprus

I am planning to open a company in Cyprus. I earn ~40000 EUR a year and I am looking for a legal low tax jurisdiction. I saw most providers advertising the 10% tax in Cyprus and when I am looking at this page I see a higher tax: http://www.lowtax.net/lowtax/html/jcypetx.html

My goal is to spend the money on personal needs, therefore I want to pay dividends. Somebody told me that in Cyprus you don't have to pay dividends. Does that mean that I cannot spend the money I earn on personal stuff only on stuff that the company needs?

How much would be my tax with dividends for ~40.000 EUR/year? Do I have to pay VAT as well?  

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Topic: Cyprus

Residency, Tax benfits and Working Offshore

I am hoping to apply for residency in Cyprus, and as a company Director the Cypriot registered company will pay 10% Tax on any profits. However, If I am resident will I be liable to individual income tax even tho I will be working offshore for more than 183 days each year.  

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Topic: Cyprus

pledge of shares

Please advice on whether pledge of shares should be registered in Cyprus in the following cases: a) pledge of a Cyprus company's shares; b) Pledge of Russian company shares that is in the ownership of Cyprus company; c) pledge of shares that Cyprus company holds in another Cyprus company? I have found some information re question at issue but the data is different ((((  

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Topic: Cyprus

Is there any cypriot trade register?

Hello, is there any publicly available (internet) source where I could get basic information about cypriot companies (like address and business activity) and which includes all (also offshore) Cyprys-registered companies? I have some links (i.e. www.ccci.org.cy, www.mcit.gov.cy) but no info about the companies I am looking for.
Thanks in advance.
 Izabela

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Topic: Cyprus

Taxation of dividend in Cyprus

I m a foreigner ( non resident ) starting a business in Cyprus . My company will trade goods and to the end of the year i will have a profit .
After paying 10 % tax on the profit , do I have to pay also another tax for the dividend ?
Please , help me with this issue
Kind regards  Răzvan

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