Mentor Group Gold
I've read somewhere that 10% should be paid for defense. Could you clarify on this ?
Thanks, I wasn't aware of this defence tax but think it is the same as the regular TAX you have to pay if you incorporate your Cyprus company as a national company.Admin said:Defence tax at 10% is charged on the following cases:
(a) If the company is Cyprus tax resident – there is a 10% defence tax ( withholding tax) on interest receivable
(b) Dividends receivable from abroad are in general not subject to defence tax, but there is one exemption
© There is no defence tax on trading profits.