In light of the recent BREXIT Polls and results as UK votes to leave the European Union, Cyprus companies are an excellent alternative to the traditional UK LLPs.
Why Cyprus?
Cyprus is considered to be one of the most attractive jurisdictions in Europe to form a limited liability company due to its advantageous tax system. As a full member of the EU as of the 1st of May 2004, Cyprus can offer you one of the lowest tax regime in Europe of just 12.5%.
Moreover, Cyprus holding companies enjoy all the benefits that the low tax jurisdiction has to offer such as full exemption from tax on dividend income, no withholding tax for dividends paid to non-residents, no capital gains tax Cyprus' tax system is in full compliance with EU requirements and also with the Organization for Economic Co-operation and Development (OECD) requirements against harmful tax practices.
As an already established international financial Centre with a wide network of Double Tax Treaties, an excellent legal and economic infrastructure and numerous other advantages, Cyprus Company Formation may be the answer to your international tax planning requirements.
Cyprus company formation: Cyprus tax system main features:
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Corporation Tax Rate is 12,5%, amongst the lowest in the EU
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Foreign source income is tax exempt
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Profits on transactions in shares is tax exempt
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No withholding taxes on outbound dividends, interests and royalties
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No thin capitalization rules
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No exchange controls
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No capital gains tax (except on real estate located in Cyprus)
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Wide network of favorable tax treaties
We are here to answer any questions you may have about our services. We can also offer solutions based on your individual requirements, and offer you a quotation based on what you need.