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Corpag Services (Cyprus) Ltd

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Corpag Services (Cyprus) Ltd

Overview:

Products

   Limited liability companies
   Trusts
   Ship registration

Advantages

   Low income tax (10% on the net trading profit)
   Payments of dividends, interest and royalties to non residents are not subject to any withholding tax
   Exemption from tax on dividends received from overseas (conditions apply)
   Capital gains are not subject to taxation
   Large network of tax treaties, including the USA, with very favorable clauses and in many cases the treaties impose low or nil withholding tax on dividends, interest or royalties at source
   Profit from dealing in securities is tax free (this includes trading in securities in Cyprus as well as overseas markets)
   E. U. member
   European Union directives apply
   Registration for V.A.T. for E.U. transactions at low rate (15%)
   Euro currency introduced as of January 1, 2008

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