CONCERNING THE COMPANY FORMATION IN CYPRUS
Our law firm is one of the oldest law firms in Cyprus since 1969. We have the experience to make your company formation fast and simple. We provide nominee services (nominee secretary, director, shareholder).
Answer to frequently asked questions:
- Your presence is not required for your Cyprus company formation. We can do everything remotely.
- Documentation required is minimal.
- All foreign people can own a Cyprus company.
- You don`t need a real office in Cyprus.
- You can open a bank account for your company in Cyprus.
The advantages of registering a company in Cyprus:
- Cyprus is member state of the European Union
- Cyprus has modern regime acceptable by the European Union
- Cyprus has one of the lowest corporation tax rates in Europe (12.5%).
- Dividend income is exempt from corporation tax
- Effective tax on royalty income of 2.5%.
- No capital gains tax on profit from sale of securities
- No withholding tax on payments to non-residents (dividends, interest and royalties)
- Only 20% of profits generated from IP rights (royalties) are subject to tax
- Wide treaty network and use of European Union Directives
- Restructuring legislation in line with the European Union Merger Directive extending to companies in non-European Union countries
