TAXATION OF DIVIDENDS
Dividends received by a non-Cyprus Resident Company are also exempted from SDC (if the dividend paid out from less than 50% investment income). If not exempted dividends are subject to 17% SDC.
Dividends received by a Cyprus resident company are exempted from corporation tax (whether received from a company situated in Cyprus or abroad).
Dividends received by a Cyprus Resident Company are also exempted from SDC, unless the dividends are paid out of profits that are more than 4 years old.
Gains derived from the sale of shares are exempted. Capital Gains tax is imposed on gains derived from the disposal of property situated in Cyprus (and gains from the disposal of shares of unlisted company that owns immovable property situated in Cyprus).
COMPANY REGISTRATION FEES
The cost for the registration of a Cyprus company amounts to approximately Euro 1.500 plus VAT.