Cyprus offers a dynamic and advantageous framework for #mergers, #divisions, #conversions and #reorganisations within its borders and across the EU.
Apart from the well known benefits of merging two entities, mergers and reorganisations are also attractive from a tax perspective. Profits resulting from a qualifying reorganisation can be exempt from: #corporationtax, #capitalgainstax, #stampduty, land transfer fees, and relief is also provided from special defense contribution which would otherwise be payable in case of liquidation.
Please take a moment to read the information below!
Author: LIA Iordanou Theodoulou
www.pavlaw.com