Petros Theodotou, founder ServPRO, Cyprus will be attending as a Speaker at InvestPro UAE Dubai 2016 with Presentation: “Recent changes in the tax legislation in Cyprus.”

Why Cyprus
- Simplified and transparent tax regime
- 12,5% corp. tax rate with generous tax incentives
- Strategic geographical location
- Legal and regulatory framework
- High level of professional services
- Extensive network of DTT, 50+ countries.
- Outstanding infrastructure and communications
- European Standard of living
- Natural gas opportunities
- Full compliance with EU laws and regulations

Introduction to Tax Incentives
- 12,5% corporate tax rate –one of the lowest in EU
- Generous participation exemption regime:
- No WHT on dividends paid from one Cy Co to another
- Tax exemption on dividends income from abroad (conditions apply)
- Foreign PE profits are tax exempt
- Gains from sale of securities are tax exempt
- No CGT or other taxes from the sale of immovable property situated outside Cyprus
- Attractive IP regime with 80% tax exemptions
- Favorable tax treatment of losses
- Tax relief on foreign tax paid
- No withholding taxes on dividends, interest and royalties paid to non-residents
- Notional interest deduction on equity introduced
- Competitive personal income tax rates and first employment exemptions to foreigners
- Non-Dom status to individuals with full exemption of
SDC
- Full access to EU tax Directives
The Cyprus Economy
- Cyprus entered the bailout scheme in 2013 with a recession of 5,4%
- 3 years later exited successfully the bailout scheme with a growth of 2%
- Used only 7,25 out of the 10b Euro
ServPro Services
- Accounting & financial reporting
- Immigration (Citizenship/Residency)
- Immovable property / real estate
- Economic substance solutions

Click to join InvestPro UAE Dubai 2016