Definition of residence for Cyprus entities

ConstantinosCorporate Income Tax, Cyprus tax0 Comments

The term “residence” is defined in section 2 of the Cyprus Income Tax Law.  It is of a great importance as companies tax resident in Cyprus are taxed at their worldwide incomes under Income tax or other applicable taxes (mainly Defence Contribution) Companies A company is resident in Cyprus if its management and control is exercised in Cyprus. Cyprus tax laws … Read More