Cyprus has one of the lowest EU corporate tax rates at 12,5%. The island’s advantageous tax rate couples with an extensive list of double tax treaties places it high on the list of preferred jurisdictions for international planners
As an EU member state within the eurozone, Cyprus offers instant access to the EU's internal market of over 500 million people. The island has now become a key trading post for the EU in the eastern Mediterranean, Africa and Asia.
No capital gains tax (except for disposal of real estate in Cyprus or shares of company holding real estate in Cyprus to the extent gains are attributable to the real estate holding)
Cyprus has the most modern, competitive, flexible, fully approved tonnage tax system in the EU, combined with an excellent infrastructure. The tonnage tax allows shipping companies to be taxed on the basis of net tonnage of their fleet, rather than corporation tax.
