Taxes

In February 2022 the House of Representatives amended the Central Agency for the Equitable Distribution of Burdens (Recommendation, Purposes, Responsibilities and Other Related Issues) Law of 1989 (Law 141/1989) (the “Law”), introducing a levy of 0.4% on the selling price of immovable property in Cyprus. The same levy is imposed on the sale of shares […]

Individuals wishing to move to Cyprus and become Cyprus tax residents have the opportunity to enjoy, for at least 17 years, a full exemption from withholding tax on worldwide dividend and interest income. Tax Residency for Individuals in Cyprus As per applicable tax rules, an individual who remains in Cyprus for more than 183 days