Does a Cyprus company has to pay tax on capital gains?

[bugeja]

Hello,


I was just wondering if a Cyprus company has to pay tax on capital gains?

 

[JohnLocke]

No, you don't have to pay any taxes as capital gains are not subject to‌ any taxation.

You can find more information about the Cyprus Tax Reform at the below‍ link:

Cyprus Tax Reform

 

[bugeja]

This means money earned on Dividends received from other onshore companies and from stock trading‌ is free of tax (tax exempted) correct?

 

[JohnLocke]

Yes correct, there‍ is not tax to be paid on such activity.

 

[bugeja]

Thank you, now I have my Seychelles company I will look into a Cyprus company‌ to enter EU market.

 

[frank]

Private Investment is actually allowed for a Cyprus company?

 

[JohnLocke]

Yes sure it is allowed.

 

[Sany zeth]

Where there is profit you need to pay taxes period..

 

[Anton]

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.