Taxes
How high are the corporate income tax in Cyprus?
- 12.5% corporate income tax
- No obligation to distribute profits
- Dividends are wholly exempted from taxation in Cyprus
- Corporate taxes are to be declared in the Republic of Cyprus by filling the appropriate form
What Double-tax treaties has Cyprus?
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion
Andorra, Armenia, Austria, Azerbaijan, Barbados, Belarus, Belgium, Bosnia, Bulgaria, Canada, China, Czech Republic, Denmark, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hungary, Iceland, India, Iran, Ireland, Italy, Jersey, Kazakhstan, Kingdom of Bahrain, Kuwait, Kyrgyzstan, Latvia, Lebanon, Lithuania, Luxembourg, Malta, Mauritius, Moldova, Montenegro, Norway, Poland, Portugal, Qatar, Romania, Russia, San Marino, Saudi Arabia, Serbia, Seychelles, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Swiss Confederation, Syria, Thailand, The States of Guernsey, Ukraine, United Arab Emirates, United Kingdom, USA, Uzbekistan
Status: End of 2020