Why Cyprus
Strategically located at the crossroads of three continents in the Eastern Mediterranean, Cyprus offers great business and tax advantages as well as a high quality of life.
Whether setting up a company or planning to relocate your business to Cyprus, you will enjoy an efficient and Investor-Friendly environment, the safety of the European Legal Framework and Compliance Practices along with the Recapitalized Banking Sector.
Some of the advantages of Cyprus Companies are:
- Low corporate tax rate – 12.5%
- No withholding taxes
- Tax Exemption on disposal of shares, bonds, debentures etc.
- Attractive IP Regime
- Notional Interest Deduction
- Attractive personal tax exemption scheme for new employees and investors
- Non-Dom status
- 60-days residency program
At ALTA, we will help you set up a company in accordance with your tax requirements and specific needs. Furthermore, we will assist you with all necessary filing and registrations (TIC, VAT) as well as undertake Administration and compliance with local laws and requirements.