Yes correct, there is not tax to be paid on such activity.luiso said:luiso said:
This means money earned on Dividends received from other onshore companies and from stock trading is free of tax (tax exempted) correct?
Click to expand...
Yes sure it is allowed.frank said:frank said:
Private Investment is actually allowed for a Cyprus company?
Click to expand...
I might have to disagree a little bit with you on this one. Just like Admin said, some profits like capital gains doesn't have a tax that needs to be paid off.