(Cyprus Taxation) When planning your taxes in Cyprus , take advantage of the double tax treaties, meaning that a company will not be taxed twice when transferring capital between countries. Cyprus , with its tradition in International Money Transfers, has an extensive network of accounting and legal professionals who have extensive experience with International Business Companies(I.B.C.). Planning your taxes in Cyprus through your I.B.C. will always assure you of the lowest possible tax rate on your company's profits (0-10%).

(Cyprus Taxation) Due to the “special” relationship of the country's economy with the offshore finance sector, a compromise was worked out during negotiations with the E.U., in order to allow Cyprus to maintain a low tax rate. Cyprus has the lowest rate that is not offshore. The standard corporate tax rate of 10% (0% for shipping companies, and 4.25% for maritime management companies) is the lowest in the European Union, and the lowest non-offshore corporate tax rate in the world. This means that Cyprus attracts various International Customers, particularly from the E.U., former USSR , and Middle East .