Shanda Consult Ltd
73, Makarios Avenue
5th Floor
1070 Nicosia
Cyprus
Phone: + 357 222 72 300 pbx
Fax: +357 222 72 340
www.shandaconsult.com
The Cyprus Holding Company!
Choosing the right location for a holding company involves careful consideration of various tax and non-tax factors. A Cyprus holding company is often the preferred choice, due to the remarkable advantages of Cyprus.
The Republic of Cyprus has established itself as the most attractive jurisdiction within the EU and globally for holding companies. Its investor friendly environment, business-friendly and unique tax system, EU membership and OECD compliance made Cyprus an ideal location for holding company. Its strategic location between Europe and the Middle East makes Cyprus an ideal place for holding companies with interest in the wider Eurasia region.
Due to this strategic location Cyprus has been a hub for trade and commerce in the Eastern Mediterranean and the Levant since more than 3000 years, becoming a true melting pot of cultures and customs, providing services as a bridge between East and West.
Today as an EU member state since 2004 and member of the Eurozone since 2008, Cyprus offers plenty of advantages to investors and trading partners.
Being full member of the EU, Cyprus participates in the European Single Market, which allows the free movement of goods, capital, services and labour between EU member states.
During the last decades Cyprus has proven itself as a reputable international business and financial centre with a general corporate tax level of only 12.5 % on taxable income. Benefitting from specific, wisely shaped tax incentives, the overall effective rate of taxation may even be lower.
Cyprus has signed Double Taxation Treaties with more than 60 countries by now and it is in negotiations with several other countries.
Furthermore, Cyprus fully complies with all relevant regulations and directives of the EU, OECD, FATF and FSF. It is on the White list of OECD and has legally committed to the highest standards of transparency, which is an essential criterion for successful businesses in today’s world.
A Cyprus holding company may serve as a perfect gateway to the EU while receiving and paying dividends does not suffer from income tax (corporate tax) or withholding taxes.
For more information and advise on how a Cyprus holding company could help to structure your business please read on our website https://shandaconsult.com/cyprus/cyprus-holding-company