General tax information - types of securities, deadlines, other market specifics - Cyprus
Types of securities
The eligible securities issued in Cyprus are as follows:
- Government bonds (in dematerialised form only);
- Corporate bonds;
- Equities, including:
- Ordinary shares (registered and bearer);
- Preference shares with or without voting rights (registered and bearer);
- Rights;
- Warrants.
Withholding Tax Services
Government bonds and corporate bonds, | |||
Beneficial owner | Relief at | Quick | Standard |
No withholding tax is deducted on interest from Cypriote debt securities held in Clearstream Banking. | NA | NA | NA |
Equities | |||
Beneficial owner | Relief at | Quick | Standard |
No withholding tax is deducted on dividend from Cypriote equities securities held in Clearstream Banking. | NA | NA | NA |
Applicable default withholding tax rates
The default rates of withholding tax applicable in Clearstream Banking on income paid on Cypriote securities are as follows:
- 0% on interest from government bonds;
- 0% on interest from corporate bonds;
- 0% on dividend from equities
Holding requirements and/or restrictions
Please refer to the “Holding restriction" / "Investment regulation” section of the Clearstream Banking Market Profile - Cyprus.
Capital Gains Tax
There is no capital gains tax withheld through Clearstream Banking on securities held in Clearstream Banking. Capital gains tax may however be payable on specific gains. Clearstream Banking does not assist in this regard. Please consult your tax advisor for further information.
Stamp Duty
There is no stamp duty withheld through Clearstream Banking on securities held in Clearstream Banking. Stamp duty may however be payable on specific transactions. Clearstream Banking does not assist in this regard. Please consult your tax advisor for further information.