Cyprus Company Formation may be used for a wide range of purposes and with correct structure it will provide a tax-efficient way to conduct international business, since Cyprus company’s significant tax advantages and precious tax exemptions are the main reasons corporations from all around the world, choose Cyprus as their base of operations. Furthermore, the Legal system in Cyprus is based on the UK Common Law principles and is in line with EU law and regulations, while the Cyprus company formation procedure is simple, fast and straightforward as you can start operating in approximately 7 to 10 days. The process starts with the application of the name for approval within 3 working days and the registration is completed in approximately eight working days.
The main type of Cyprus company is Private Limited Company where the minimum number of members is one, the maximum number is limited to fifty and there can be no invitation to the public to subscribe for any shares or debentures. A limited liability company, allow shareholders to be only liable to the extent of the value of the shares they possess. Cyprus companies are often considered to be the most advantageous option for international business entities, the core activities of which include investing and holding assets.
There Are a Number of Reasons why so many private individuals and businesses decide to incorporate a Cyprus Company, the main advantages being tax saving, simple business administration, asset protection, privacy and anonymity. It’s not mandatory for the beneficial owners to be in Cyprus during any stage of the Company incorporation unless they willingly want to.
At Andreas Danos Law firm, our professional services are designed and tailored for entrepreneurs to operate their business and/or personal financial matters in complete confidentiality and privacy and we can arrange for all the necessary administrative services and banking all within the confinement of the law. As a result of our understanding of a client’s goals and requirements, we will make the necessary recommendations.
Our services include, but are not limited to the following:
- Company formation
- Registered office and registered agent services (where appropriate)
- Full nominee services (Directors / Secretary / Shareholders) to ensure total anonymity
- Opening of bank accounts
- Legalisation /Apostille of company documents and
- Formation of international trusts
We are happy to discuss each and every individual client’s requirements and we always tailor our services to suit the client’s specific needs.