Attractive Tax Environment

Cyprus international tax environment is greatly enhanced by a wide network of Double Taxation Treaties with 50 countries. Among these countries, a number of important key jurisdictions are included in North America, Europe and the emerging economies of Russia and China and India. In general the main provisions in these treaties refer to avoidance of double taxation for income earned by a resident in one of the treaty signatories, having operations/ activities in the other treaty country and to reduced or zero rate of withholding tax on dividends, interest and royalties paid from the treaty signatory.