Benefits of Cyprus offshore.
Benefits of Cyprus offshore
Benefits of Cyprus offshore. Cyprus is one of the most famous offshore jurisdictions in the world with a perfect location in the Mediterranean Sea. The island is situated in the middle of Europe and Asia, and has always been a popular destination for investors from both continents.
Cyprus is a perfect offshore jurisdiction for those looking to start their business in Europe and can use a lot of benefits of Cyprus offshore as it is a legitimate member of European Union and thus there are no limits in settling contracts between Cypriot and European companies. It also has the lowest tax rate among the EU countries.
The main attribute of the benefit of Cyprus offshore is that it is not considered as a tax heaven because the registered companies are not completely tax exempted. The corporate income tax rate is 10%. Those companies registered by a Cyprus resident have to pay 15% on taxes. A company registered in Cyprus but managed and controlled from elsewhere will only be taxed on the income generated in Cyprus. Cyprus has a large double treaties networks (over 45 countries), especially with East European countries.
Another advantage of Benefits of Cyprus offshore is the high level of privacy protection and its limited liability; political stability; excellent infrastructure; full capital gains tax exemption; dividends, interest and royalty payments are also tax exempt. Cyprus offshore jurisdiction is also a perfect location for registering ships, offshore trusts and offshore banking units. Furthermore, registering a company in Cyprus will bring your business a solid and attractive image for investors and business partners of different scales.
If you are looking to register a company in Cyprus we would be happy to assist you and will do our best to satisfy your needs.
BRIS GROUP will be happy to provide you with information, quotation and services.