The Cyprus Company
The Cyprus Holding Company enjoys the following advantages:
- 12,5% corporate tax on trading profits
- No withholding tax on outward payments
(Dividends-Interest-Royalties)
- No participation exemption and no holding period exists.
- No CFC rules;
- Nothin capitalization rules;
- Capital gains from the sale of immovable property situated outside Cyprus are tax exempt;
- Taxable losses carried forward indefinitely; from 2012, a temporary limitation of five years is introduced in the tax system under which, losses will be allowed to be carried forward for offsetting future taxable income, for a period of five years from the year to which the profits relate.
- Capital gains on the sale of securities: 100% exemption unless immovable property in Cyprus is involved;
- Group relief availability (75% holding);
- Tax-free re-organizations (cross-border permitted);
- Foreign PE profits exempt;
- Tax-free corporate re-domiciliation permitted;
- Possibility for establishing an SE (European Company);
- Applicability of all EU directives;
- Extensive Double Tax Treaty network.
- Advance ruling practice exists;
- Easy to open bank account worldwide on the Cyprus company
A secure destination for holding of investments, assets, intellectual property etc.
The most important reasons for the applicant to choose the Cyprus for study are:
Studying in English
Possibility of getting scholarships at all levels of school
Safe and friendly environment with crime ratio less than 1%
No need to have TOEFL, IELTS for getting admission
No need to interview
Visa is guaranteed by the institution
Approved by the Ministry of Science
Approved by the Ministry of Health
Variety of vegetarian, halal, local and western food
Traveling easily for foreign students to other European countries
First class transportation system
Located in the safe geographical environment at the crossroads of Europe, Asia and Africa
After studying the possibility of living and working in Europe
Compulsory health insurance for the duration of the education and support of students
Studying more than 50,000 international students in Cyprus confirms it’s famous attesting
Allowed to work part-time for up to 20 hours per week for international students
Socially secure, stable government and low crime rates
Possibility of transfer from Cyprus to the other European and American countries, during the study
Studying with the international standards and high level of education.
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Cyprus is a EU27 Member since May 2004, Economic and Monetary Union Member since January 2008. Foreign investors have the opportunity to access the EU market and vice-versa. Cyprus is Europe’s eastern outpost at the crossroads of three continents– Europe, Africa and Asia – providing a gateway to and from each one of them. Cyprus is a dynamic business centre that offers relatively lower operating costs while also providing top quality services, including accounting, auditing, tax, business administration, legal, investment and funds management. Cyprus has a robust telecommunications system, two international airports (Larnaca, Paphos) and two ports (Limassol, Larnaca). Furthermore, the relatively small distances make the island a very friendly and easy to get around business location.
Cyprus offers a wonderful environment with a very comfortable standard of living. Living and working in Cyprus is combined with fabulous weather, beautiful nature, art and culture, safety, security, and above all, hospitable people. Cyprus combines the international competitive business environment with a pleasurable and balanced way of life. The UNDP Human Development Index Report 2013 ranked Cyprus 31st out of 187 countries for the quality of life.
The Knight Frank Report ranked Cyprus on the Fall of 2013 as the 5th better place for Lifestyle among major European Cities and other competitive destinations. The report was also published in the Financial Times on October 2013.
http://www.cipa.org.cy/easyconsole.cfm/page/searchPage