CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Cyprus Receives EU Approval For Angel Investor Tax Breaks

Cyprus Receives EU Approval For Angel Investor Tax Breaks

by Jason Gorringe, Tax-News.com, London

16 February 2022


The European Commission has approved a Cypriot scheme involving the grant of tax breaks to private investors – both natural persons and corporate investors – who invest into early-stage, innovative SMEs.

Investors providing finance to eligible companies may receive a tax relief of up to 30 percent of the amount invested, with an overall cap to such tax relief that cannot exceed 50 percent of their total taxable income, up to a maximum of EUR150,000 per year and of EUR750,000 within five years from the investment.

The scheme will run until December 31, 2023.

TAGS: Finance | tax | investment | European Commission | international financial centres (IFC) | offshore | venture capital | Cyprus | trade | European Union (EU) | Europe | Invest

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »