Cypriot International Companies

Onshore Status

The Cypriot international company is an onshore company. It does not enjoy any preferential tax treatment at the corporate level. In fact, the Cypriot international company is liable to tax on a world wide basis at the unprivileged corporate tax rate applicable to all other Cypriot onshore companies – 10%. This way, the Cypriot corporate entity is in a position to enjoy the full benefits of Cyprus’s extensive double tax treaty network.  It is also treaty-protected in terms of the non-discrimination clauses set out in the various double taxation treaties signed by Cyprus to date.

It is the onshore nature of the Cypriot international company that is so fundamental to its role as the tax-efficient corporate vehicle we know.