Thanks for the reply.
I understand what your saying. So in essence forming a company in Cyprus doesn't really help me here as if I want 0% corporate tax I will need to form a company in a 0% corporate tax country like Seychelles?
But then a Seychelles IBC would be a resident of Seychelles or...
Hi
I wanted to clarify if I understood correctly the Cyprus tax rates on companies. If I setup an offshore company in Cyprus with all income earned outside Cyprus would the company be exempt from corporate tax in Cyprus? Do I have to setup a specific company in Cyprus for this or will any...