Services
- Audit and assurance
- VAT related services
- Taxation and international tax planning
- Accounting
- Management consulting
- International Trusts
- International Business company services
Cyprus for Commercial reasons
- Membership of European Union as from 1 st May 2004
- Anonymity of the beneficial owners of a company
- High standard of banking system
- Freedom from exchange control
Cyprus for tax reasons
- The lowest tax system in the European Union at 10 % on taxable profits
- One of the most favorable Holding company jurisdiction(even a small holding of 1 % in foreign companies entitles the Cyprus Holding company to enjoy substantial tax benefits)
- Availability of Group losses relief without any time restrictions, under certain conditions
Publications
Below you will find a list of publications that FRS Audit Services Ltd posts on a regular basis to help our visitor with facts about cyprus legislation and other important issues.
Please re-visit this page often to get the latest information.
Basic Cyprus Tax information effective as of January 2008:
- Income Tax,
Corporation tax - Capital Allowances,
Special Tax Regimes,
Special Contribution For Defense,
Capital Gains Tax,
Immovable Property Tax,
Transfer Fees on Immovable Property,
Stamp Duties,
Registrar of Companies Rights and Fees,
Maintaining Proper Books of Account and Records - Value Added Tax (VAT),
Trusts, Double Tax Treaties - Social Insurance Contributions,
Social Cohesion Fund,
Stock Exchange Transactions Fee,
Tax Diary,
Cyprus Holding Companies,
Triangular Trading with and International Business