What is the Value Added Tax in Cyprus ?
faq – Cyprus Company Registration • The standard VAT rate ιs 15%. • The reduced rate is 5%. • Resident International Companies an register for Vat in Cyprus so that they can benefit with zero rated tax on Intra European trading and recover input-VAT on local expense Don’t got all information about Cyprus TAX regulations ? follow this link Cyprus Company formation fees and requirements Cyprus personal or business bank account, rates and fees • Special Contribution for Defense (withholding tax) faq – Cyprus Company Registration On dividends payable • There is a 15% withholding tax on dividends distributed to shareholders who are residents of Cyprus, but there is no tax on dividends paid to non-resident shareholders. • There is a deemed distribution of dividends for an amount equal to 70% of profits if not actually distributed within two years after the end of the tax year in which the profits arose and payment of 15% withholding tax on deemed distribution. • Profits allocated to non-resi
