Cyprus is a beautiful island with developed infrastructure and sound, business friendly financial practices, situated in the crossroads of Europe, Asia and Africa in the Eastern Mediterranean basin. Advantages of Cyprus Cyprus has traditionally been an attractive international financial ...
Information Center
Cyprus companies
Company formation The most common vehicle used for businesses is a company limited by shares. A new Cypriot company can be incorporated by our Office within 2 weeks. Certain information on the beneficial owner should be submitted to our Office. For details and request to form a Cypriot company, ...
Cyprus Tax
Corporation Tax Cyprus tax resident companies are taxed at 12,5% from 1 January 2013 (previously at 10%) on their profits from all sources both in Cyprus and abroad. A company is tax resident in Cyprus if it is managed and controlled from Cyprus. The criteria of management and control are ...
Value Added Tax
Value Added Tax (VAT) is imposed on the provision of goods and services in Cyprus, on the acquisition of goods from the European Union and on the importation of goods into Cyprus. As from 13 January 2013 the standard rate of VAT is 19% Submission of VAT returns and payment of VAT or claim for ...
Tax Calendar
Date Obligation 31 January Declaration of Deemed Dividend Distribution for the year ended 31 December two years ago. 31 March Electronic submission of Company’s tax returns. 30 April Final deadline for avoidance of 5% penalty for payment of corporation tax of the penultimate year, ...
Bank holidays in Cyprus
1 January New Year’s Day Green Monday 25 March Greek Independence Day 1 April National Day Good Friday Easter Monday 1 May Labour Day Whit Monday 15 August Assumption Day 1 October Cyprus Independence Day 28 October Greek National Day 24 ...
Links
Inland Revenue Registrar of Companies Social Insurance Ministry of Energy, Commerce and Industry Ministry of Finance Bank of Cyprus Eurobank EFG ...
