The corporate tax in Cyprus is only 10%, which is the lowest anywhere in the European Union.
Dividends can be freely transferred to any other holding company without any further withholding tax.
In order to benefit of the Cyprus corporate tax rate, it is not sufficient to establish a so called „letter box company“ held at an accountant or lawyer. These constructions are not recognized as active companies by other European Member States.
It is required to establish an active company, that has it‘s own individual office, office equipment and personnel.
ABATUS Ltd. is engaged in providing complete services to operate active trading companies in Cyprus.