Cyprus: for favourable tax systems and asset protection

Are you seeking to establish an offshore company and expand your business horizons? With its strategic location, investor-friendly environment, and a multitude of unique advantages, Cyprus presents an unparalleled opportunity. Here are some of the top benefits that Cyprus has to offer:

1. Favorable Tax System: Cyprus offers an enticing tax regime with a low corporate tax rate of just 12.5%. Benefit from tax optimisation opportunities and leverage an extensive network of double tax treaties to maximise your tax efficiency and retain more of your hard-earned profits.
2. Double Tax Treaty Benefits: Cyprus has an extensive network of double tax treaties with various countries, including the UK. These treaties can help you avoid double taxation and reduce the overall tax burden on your offshore business activities.
3. Zero Withholding Taxes: Cyprus does not impose withholding taxes on dividends, interest, or royalties, making it an attractive jurisdiction to repatriate earnings and reduce tax leakage.
4. Asset Protection and Privacy: Rest assured that your assets will be safeguarded, and your privacy protected in Cyprus. Benefit from strong confidentiality laws that ensure utmost privacy for business owners, offering you peace of mind.
5. Political Stability: Cyprus is known for its stable political environment, providing a secure and reliable backdrop for your offshore business activities.

Whether you seek tax advantages, market access, or a secure business environment, Cyprus provides it all. Consult with our experts at Turner Little to explore how you can harness the benefits of offshore company formation in Cyprus.