Low corporate income tax rate 12,5%.
Dividend income:Received from a company resident in the Republic is not taxable.
Received from a company non-resident in the Republic is not taxable (subject to certain conditions).
Tax losses can be carried forward against taxable income over a period of five years from the end of the tax year in which they were incurred
Qualifying tax payers under the new Intellectual Property (IP) regime are eligible to a deduction equal to 80% of qualifying profits generated by qualifying assets.
No withholding tax on dividends paid to non-resident in the Republic.
Gains from the disposal of securities are exempt from taxation.
Profits from permanent establishment outside the Republic (subject to certain conditions).
Non-domicile Cyprus tax residents are exempt from special defence contribution on their worldwide income from dividends, interest and rent.
Extensive double tax treaties network (including Russia, Ukraine, India, UK etc.).