Cyprus Tax Planning

Cyprus has been a member of the European Union since 1 May 2004.

The fiscal regime put in place from 1 January 2003 to harmonise the tax legislation with the EU Directives and the EU Code of Conduct of business offers a range of alternative tax advantages for structuring business through Cyprus..

Cyprus has the lowest corporate tax rate in the European Union.

The low tax rate coupled with an extensive list of Double Tax Treaties, an enviable time zone location and a mature legal, accounting and banking infrastructure places Cyprus high on the list of preferred jurisdictions for international tax planners.

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  • Cyprus Tax Planning