Can it be done to reduce tax by making use of the many DTA's between Cyprus and for instant Seychelles or Belize?
I want to achieve a 0% corporate tax.
I want to achieve a 0% corporate tax.
DTA and Cyprus company does it work to reduce tax?
- Thread starter blainchain
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Much appreciated information, so DTA seems to help many so that's explains why Cyprus is that popular as an offshore jurisdiction 🙂
I read that DTA's actually can be good if you live in a country that has made a DTA with the jurisdiction (can be offshore but as well simply low tax jurisdiction) where you want to register your offshore / low tax company!
There is plenty of information about the DTA on the OECD website.
There is plenty of information about the DTA on the OECD website.
DTA works great if you know how to use (misuse) it for your tax benefit. Only people that have poor knowledge about how to incorporate and structure a offshore or low tax company will not know what DTA's can mean for your future business. You always need to remember that DTA's if you live in a country that has a DTA in place will empower you to reduce the tax burden. DTA is GOOD doublethumbsup
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