Taxation in Cyprus

M.P MULTI-COUNT SERVICES LIMITED

CHARTERED CERTIFIED ACCOUNTANTS

SERVICES	The legislation provides for the following four tax rates: Zero rate (0%) Reduced rate of five per cent (5%) Reduced rate of eight per cent (8% up to 12 January 2014 and 9% as from 13 January 2014) Standard rate (15% up to 29 February 2012, 17% from 1 March 2012 up to 13 January 2013, 18% from 14 January 2013 to 12 January 2014 and 19% as from 13 January 2014) Exemptions Certain goods or services are exempt from VAT. They include: the letting of immovable property (the letting of immovable property with the right of purchase is not exempt); most banking and financial services and insurance services; most hospital, medical and dental care services; certain cultural educational and sports activities; supplies of real estate (except supply of new buildings before their first use) including supplies of land and of second-hand buildings; postal services provided by the national postal authority; lottery tickets and betting coupons for football and horse racing; management services provided to mutual funds


Assurance & Audit Services
Tax Planning and other Tax Services
Legal Services
Outsourcing Accounting function
Company Formation
Re-Domiciliation-(In Greek)
TAX RELATED LINKS
Double Tax Treaties
Taxation Booklet 2014
Taxation Rates 2014
VAT Rates in Cyprus 2014
Cyprus VAT- Who is liable to register?
Cyprus ideal Intellectual Property location
FAQ FOR TAXATION
FAQ For immovable property 2015
Penalties for late tax payment

The legislation provides for the following four tax rates: