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Cyprus Corporation Tax

Cyprus Corporation Tax

2017-12-27T15:22:18+00:00 May 29th, 2017|Articles, News|

Basic:

  • A company which is tax resident in the Republic of Cyprus, is taxed on income accruing or arising from sources both within and outside the Republic.
  • A company which is not tax resident in the Republic, is taxed on income accruing or arising only from sources within the Republic.

Tax residency

A company is tax resident in the Republic if it is managed and controlled from the Republic.

Corporate tax rate is 12,5%

However there are several exemptions reducing the Corporation tax rate up to 0% for certain types of income.

For more information click onĀ Cyprus Corporation Tax.