Introducing the Cyprus Tax Regime
As Cyprus is a low-tax jurisdiction it offers an important combination of incentives which create attractive planning opportunities to benefit high net worth individuals and corporations for tax mitigation, wealth preservation and increased stability and flexibility in terms of their financial management.
As a member of the European Union, Cyprus maintains a respectable worldwide reputation as its fiscal and regulatory regimes fully comply with international best practices ensuring that as a country it has stayed on the OECD White List of jurisdictions since its inception. Therefore, Cyprus’ regulatory framework is designed in such a way to protect the international business companies registered in Cyprus while still allowing them to conduct their activities in an environment as free as possible from tiresome bureaucratic limitations, with a multitude of tax advantages, simple administrative procedures and no limits on foreign investment.