Cyprus Just Raised Taxes to 15% for ALL Companies

Ricardo Gorski breaks down the tax reform from February 26th announced by the Republic of Cyprus. Ricardo focuses on the most important changes that will affect entrepreneurs, investors, and business owners.Note: This episode is originally from February 2025.Cyprus plans to increase its corporate tax rate from 12.5% to 15% for all companies, regardless of turnover. This marks a significant shift, as the 15% rate was previously only applicable to large multinationals with over €750 million in annual revenue.Ricardo explains what this means for existing Cyprus companies and those considering relocation, and he clarifies the current status of the reform.