Mediterranean Sea

Location

Euro (EUR)

Currency

Legal System

Private Limited Company, Public Limited Company

Corporate Structures

Tax System

  • Corporate tax rate is 35%, but with refunds, the effective rate can be as low as 5%
  • No withholding taxes on dividends, interest, or royalties for non-resident companies

Legal Framework

  • Based on Civil Law; governed by the Companies Act
  • Private Limited Company is a popular structure requiring a minimum capital of €1,165

Advantages

  • Stable economy with access to European markets
  • Favorable tax environment with refunds
  • Strong financial services sector

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Cyprus, Nicosia

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