For Sale   >   Cyprus Flag  Cyprus   >  Larnaka  >  Larnaca
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  • €1,200,000
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  • Business
  • For Sale 
  • Larnaca
  • cyprus Flag Cyprus
We are offering a ltd company of which this property is one of its assets.

The advantage of buying this company which includes the property is that the tax payable is only on the net profit earned at the rate of 10%.

Furthermore, another advantage is that when the company re-sells the property it will pay 10% income tax on profit made instead of 20% capital gains tax.

For non residents of Cyprus, this company will allow them to buy unlimited properties and land and save on taxes whereas an individual from abroad is only permitted to buy one property. This is a double opportunity.

Features:

- 10% corporate tax rate for business profits

- Tax advantages for non residents

- Exemption from income or corporation Tax of gains made by an individual or company resident of Cyprus from the sale of securities

- No Transfer Fees

- High Growth Potential

- 1050 square meters

- Area building density allows 2 additional floors to be built

- Unlimited properties can be bought with Ltd company for non Cypriot resident

- Excellent Location

We are offering a ltd company of which this property is one of its assets.     The advantage of buying this company which includes the property is that the tax payable is only on the net profit earned at the rate of 10%.    Furthermore, another advantage is that when the company re-sells the prop...
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