INTERNATIONAL TAX PLANNING

INTERNATIONAL TAX PLANNING

The Cyprus tax system is in full compliance with EU and OECD regulations. It has certain favourable features which render the use of a Cypriot holding company very attractive, in particular using it as an intermediate holding company location in a number of circumstances e.g. for international or domestic groups investing outside Cyprus, aiming at tax exempt dividend income streams; to hold subsidiaries that have scope for significant capital appreciation and with the intention of being disposed of in the future - as such disposals are not taxable in Cyprus, and to benefit from the favourable withholding tax provisions of the Cyprus double tax treaties network.