The term Tax planning is widely used but it is often misunderstood. WE at CMF consider it the art of managing your affairs in ways that postpone or diminish taxes. Proper tax planning which is usually achieved more effectively at the early stages of development can result in cost savings, increasing the return on your investment. The tax framework in Cyprus offers potential investors an array of options to utilise to mitigate their overall taxation on a corporate and individual level.
The introduction of the term Domicile in the Cyprus tax law allow a foreign investor who wishes to relocate to Cyprus to enjoy among others tax free dividends for up to 17 years.
Individuals who are constantly on the go can become Cyprus tax residents with as little stay as 60 days in the island.
Our Tax specialists are dedicated to guide you and assist you to make the right choice.