subject: Grow Your Wealth Faster With A Cyprus Holding Company [print this page] Companies from all over the world are beginning to understand and experience the benefits of a Cyprus Holding Company. By transferring the base of their holding company from their current jurisdiction to the more tax favourable jurisdiction of Cyprus many companies are experiencing the benefits of a favourable tax regime without the need to suspend or stop its operations.
A holding company does not produce any goods or services of its own. Its entire purpose is owning shares in other companies. A holding company is used as a strategy for minimizing the risk of loss of assets, equity and finances.
A Cyprus Holding Company is able to enjoy a large list of legal and tax benefits that can keep more of its profits in the Company, which will allow it to grow at a faster rate. If the holding company is being used as a place to hold and store wealth then moving to a favourable tax regime, such as Cyprus, can allow you to grow your money faster as you are able to pay less tax on your profits.
Cyprus is one of the leading nations for the creation of offshore holding companies, trading companies and bank accounts. Cyprus has a well-established infrastructure and offers a unique position to other offshore tax havens, as it is a part of the European Union.
By relocating your holding company to Cyrus you will experience a range of tax benefits, which include:
Flat 10% corporate income tax, the lowest rate in the European Union
Gains made on the sales of securities and derivatives are tax exempt
Tax losses are carried forward indefinitely
No capital gains tax will arise from the re-domiciliation of your holding company
No tax on the liquidation of any Cyprus holding company
Meets international tax standards set by the OECD and is a white listed country
No capital gains payable for the de-domiciliation of your holding company
Dividends from qualifying subsidiaries can be tax exempt
No withholding taxes on the payment of royalties, dividends or interest
Cyprus has an extensive tax treaty network with over 40 countries
