The Cyprus Tax System Explained in a Simple Way

December 11, 2018

In this article we will consider a brief overview of the taxes regarding businesses in Cyprus and some changes made to national tax legislation. The information provided below will allow you to conduct tax planning effectively and minimize the tax burden of your business.

Cyprus is a popular jurisdiction for foreign investors and businessmen. The country is a member of the European Union and taxes in Cyprus are lower than any other European country. The Cypriot government implements favorable tax conditions for current and future investors. Small, medium-sized and large enterprises can use all the benefits of tax planning and legal methods for reducing the amount that they pay in taxes.

Continue reading at source:  Gold News Cyprus