Strategic tax planning, VAT advisory, financial structuring, and personal tax optimisation — helping individuals and businesses maximise the exceptional tax advantages Cyprus offers.
Cyprus is one of the most tax-efficient jurisdictions in the European Union. With a flat 15% corporate tax rate, an extensive treaty network, zero withholding tax on dividends to non-residents, and the unique non-domicile regime for personal taxation, Cyprus offers unparalleled opportunities for legal tax optimisation.
Our tax advisors help businesses and individuals understand and apply these advantages — from initial structuring to ongoing compliance — ensuring you pay only what the law requires, and not a cent more.
* 0% withholding tax on dividends paid to non-Cyprus resident shareholders. Subject to eligibility criteria.
15% flat rate on taxable profits — with significant exemptions for IP income (2.5% effective rate), dividend income, and capital gains from securities.
New Cyprus residents may apply for non-domicile status — exempting them from Special Defence Contribution on dividends and interest income for 17 years.
Cyprus VAT at 19% (standard), 9% (reduced), and 5% (super-reduced). Strategic VAT registration and structuring to minimise compliance burden.
A complete range of tax and financial advisory services for individuals and businesses in Cyprus.
Strategic structuring of your corporate activities to minimise tax liability while maintaining full compliance with Cyprus and international tax law.
Registration with the Cyprus Tax Department for VAT purposes, advice on applicable rates, and preparation of quarterly/annual VAT returns.
Income tax planning for high-net-worth individuals, expatriates, and new residents — including non-domicile status application and 60-day rule advice.
Application for Cyprus Tax Residency Certificate — essential for accessing Cyprus double tax treaty benefits and proving fiscal domicile.
Guidance on applying Cyprus's 65+ tax treaties to reduce or eliminate withholding taxes on dividends, interest, and royalties from treaty countries.
Preparation of management accounts and financial statements in accordance with IFRS — supporting your Cyprus corporate tax return filing obligations.
We take a proactive, planning-first approach to ensure you extract maximum value from Cyprus's tax regime.
We analyse your current structure, income sources, and activities to identify all applicable tax positions.
A customised tax optimisation plan — restructuring, elections, treaty benefits, and timing strategies.
Registrations, filings, and restructuring executed efficiently. All deadlines met proactively.
Annual returns, VAT filings, and advisory on regulatory changes — keeping you compliant every year.
Key tax advantages that make Cyprus one of the most attractive jurisdictions in Europe.
One of the lowest corporate tax rates in the EU. Profits from qualifying IP taxed at an effective 2.5% under the IP Box regime.
No withholding tax on dividends, interest, or royalties paid to non-residents — making Cyprus ideal for holding company structures.
Non-domicile residents pay 0% on dividends and passive income. Available to qualifying new Cyprus residents for up to 17 years.
Cyprus has no capital gains tax on the disposal of shares, securities, or most foreign property — only Cyprus real estate is subject to CGT.
Non-domicile status (Non-Dom) exempts qualifying Cyprus tax residents from Special Defence Contribution (SDC) — meaning 0% tax on dividends and interest income received. It is available to individuals who were not Cyprus tax residents for the 20 years prior to becoming resident, and lasts for 17 years. It's one of the most powerful personal tax incentives available in the EU.
The 60-day rule allows individuals to become Cyprus tax residents by spending at least 60 days in Cyprus per tax year — provided they do not spend more than 183 days in any other single country and meet certain other conditions. This is an alternative to the standard 183-day rule and is particularly beneficial for international business people.
Cyprus has abolished inheritance tax entirely. There is also no wealth tax. Combined with the capital gains tax exemption on securities, this makes Cyprus exceptional for wealth preservation and intergenerational planning.
A Cyprus company must register for VAT when its taxable turnover exceeds €15,600 in any 12-month period. Voluntary registration is also possible below this threshold. We advise on the optimal timing and structure of VAT registration for your business model.
Real experiences from clients who optimised their tax position through Prestige Consultants.
"We engaged Prestige to review our group's tax structure and explore Cyprus's holding company regime. Their advice resulted in a significantly more efficient structure and substantial annual savings. They understand both Cyprus tax law and how it interacts with EU directives — a rare combination."
"Moving my consultancy to Cyprus and setting up the right tax structure felt overwhelming at first. Prestige walked me through the Non-Dom regime, IP Box, and corporate tax options in plain language. The savings in my first full tax year more than covered their fee many times over."
"We relocated our European operations to Cyprus largely on the strength of Prestige's tax advice. Their analysis of our group structure was thorough and the projected savings proved accurate. The ongoing advisory relationship has been invaluable year after year."
"Prestige helped me understand and correctly apply the Cyprus Non-Dom tax regime. Their guidance on dividend income and capital gains treatment was precise and practical. The savings in my first year as a Cyprus tax resident more than justified the advisory fee many times over."