Cyprus Company Formation Fees
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Shipping

Profits or Dividends payable by a shipping company registered in Cyprus, which owns ships flying the Cyprus flag and operates in International waters, are exempt from Cyprus Taxation.

The salaries of the officers and the staff of a ship which is registered in Cyprus, fly the Cyprus flag, and operates in international waters are exempt from tax.

Defence Fund Special Contribution

Dividends derived directly or indirectly from profits generated from the exploitation of a ship under the Cypriot flag, or from the rendering of ship management services, are not subject to special contribution to the defence fund.

For more detailed information about the Tax Law - Tax Facts, please either use the main menu on the left or click below to go to the relevant section (quicker):

Income Tax | Defence Fund Contribution | Social Cohesion Fund | Social Insurance | Capital Gains Tax | Immovable Property Tax | Stamp Duty | Stock Exchange Special Levy | Value Added Tax | Ship Management Services | Shipping | Double Taxation Agreements | Tax Calendar


Contact one of our officers to initiate the incorporation of a Cyprus registered company and start reaping the full benefits of an onshore, low-tax, EU jurisdiction. Simply fill in the contact box below or contact us by email on enquiries@fbscyprus.com
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