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Deem Dividend

 

Under the deemed dividend distribution rules Cyprus resident company is deemed to distribute as a dividend 70% of its accounting profits two years from the end of the tax year in which the profits were generated.

Deemed dividend distribution is reduced with payments of actual dividends which have already been paid during the two years from the profits of the relevant year.

Special contribution for defence is charged to the extent that the ultimate direct and/or indirect shareholders of the company are Cyprus tax resident individuals.

For more information on the above issues please contact us

 

 

 

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Our aim is to provide you with the right, fresh ideas  with round-the-clock personal  approach, attention to every detail, clear response to problems and anticipation of developments before they arise.

Contact Us

16, Annis Komninis, P.O.Box 21480,    1060, Nicosia, Cyprus info@aggeorghiou.com.cy
Tel:+357-22769100  
Fax:+357-22769101

 

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