In Cyprus, there is no withholding tax on dividends payable to non-resident shareholders (whether a company or individual)
Profit from the sale of Securities (shares, bonds, debentures etc.) are also exempt from taxable income.
No outgoing withholding taxes on interests and royalties.
Low tax rates for trading income (12.5% on net profits).
No taxation on gains relating to foreign exchange differences (apart from Forex Companies).