Cyprus Forex companies Why Cyprus is so popular with Forex companies the reason is simple It's because there is literally very little corporation tax very low running cost having the company there and of course the regulatory requirements are a bit softer than other European countries So by having your broker's license in Cyprus you ensure that you pay much less in the running of the office in paying for salaries and of course the taxes are significantly lower When we say significantly lower let me remind you that trading of securities is entirely tax-free in Cyprus Dividend tax is zero if you are an overseas shareholder or if you are a Cyprus tax resident but non-domicile Dividend income from positions to your company are taxfree Only interest income from portfolios is tax and of course it's taxed if the company has not any expenses Therefore the majority of the forex companies do pay tax on the trading of commodities and not securities And this is one of the main reasons why Cyprus has become so lucrative and so attractive for big forex companies such as um Exess such as uh remove the last part We don't want it
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