Do I have to pay taxes on profit or interest earned by my company?

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Most of the jurisdictions we work with do not impose taxes on profits made or interest earned by the company. Some, like Hong Kong, only tax profits made within the jurisdiction, whereas Cyprus charges a 10% flat tax. While a company may not be subject to tax reporting to its local authorities, you should consult with your own tax, legal or accounting advisor to determine whether you or the company are subject to tax in any other jurisdiction including the jurisdiction in which you are a tax resident.