Choose Cyprus as Home for Business

Choice of registration place and performing own business will greatly affect prospects of the enterprise development, its capabilities, comfort, with which business will be conducted.
Many beginners and experienced executives prefer to establish companies in steadily developing countries with a global economy. Cyprus occupies one of the leading places on the list of such jurisdictions. After the 2013 crisis ending, the Republic government for restoring its reputation has revised tax system (for example, the real estate duty was abolished), so investors are attracted here not only by comfort for doing business but also by an opportunity to obtain European citizenship through investment.

If someone doubts that favorable conditions for business management cannot be found in Cyprus, this article will convince everyone of any other truth.

Company registration

The procedure for the Republic Company’s registration takes about a week, and you can do it either through a representative who provides services for opening offices and participation in Cyprus or using online service. It must be remembered: choosing a name from the list of available free will speed up the registration procedure, checking your own name may take more than a month, which, accordingly, will lengthen the enterprise opening time.

Staff issue

Outsourcing is one of the dynamically developing areas of the island’s business.

The newly formed organization will have a choice:
  • hiring high-qualified professionals – here are a lot of them, due to the large universities rivalry, plus they claim on a lower salary than specialists from other European countries;
  • use good-quality consulting services, saving time, money.

The Banking system as a part of European

Cyprus banks (their number is more than 40) operate under the direction of the Cyprus Central Bank, integrated into the overall European banking system. Work of this industry is organized according to the British system. Payment cards issued by local financial institutions are accepted in any country around the world, and online banking possibilities allow account holders to manage funds from anywhere.

Legal system advantages

Unlike the majority of offshore zones, which attract by simplified business conduct and small taxes, Cyprus can also offer a stability, an ability to cooperate safely with counter-parties from any countries, a duty-free goods movement throughout the EU.

The number of states (with which the Republic has treaties on the double taxation avoidance) is approaching sixty.

According to legislation, ready-made companies can be transferred to the Republic. Compared to other European jurisdictions, maintaining enterprises cost will be quite low on the island.

Tax bonuses

Competent reforms of tax system make it possible to maintain competitiveness, investment attractiveness.

Here you are guaranteed to get:
  • zero tax on dividends, interest income, royalties;
  • 0% rate on securities purchase and sale;
  • non-taxable real estate outside the island;
  • receipts from abroad branch at a zero rate.
It remains to add that the percentage of income tax here is 12.5, VAT – 19, which also distinguishes the country among the European space as a place with the lowest tax rates.
If you wish to register a company in Cyprus or to have a consultation regarding doing business in this jurisdiction, feel free to reach
us at 
or at +357 (25) 25-44-66

Other News

Our website uses cookies to ensure that we give you the best experience on our website. We also need them to understand our users’ behaviour.
Find out more about cookies in our Privacy Notice.
Offshore Company Registration in Andorra
Offshore Company Registration in Belize
Offshore Company Registration in UK
Offshore Company Registration in Gibraltar
Offshore Company Registration in BVI
Offshore Company Registration in Hong Kong
Offshore Company Registration in Germany
Offshore Company Registration in Dubai (UAE)
Offshore Company Registration in Canada
Offshore Company Registration in Delaware (USA)
Offshore Company Registration in Cyprus
Offshore Company Registration in Dominicana
Offshore Company Registration in Malta
Offshore Company Registration in the Marshall Islands
Offshore Company Registration in Costa Rica
Offshore Company Registration in the Netherlands
Offshore Company Registration in Luxembourg
Offshore Company Registration in Seychelles
Offshore Company Registration in Singapore
Offshore Company Registration in the Cook Islands
Offshore Company Registration in the Baltic States
Offshore Company Registration in Panama
Offshore Company Registration in Switzerland
Offshore Company Registration in Estonia
Opening of Bank Account in Dubai (UAE)
Opening of Bank Account in Delaware (USA)
Opening of Bank Account in Cyprus
Opening of Bank Account in Malta
Opening of Bank Account in Netherlands
Opening of Bank Account in Luxembourg
Opening of Bank Account in the Cook Islands
Opening of Bank Account in Seychelles
Opening of Bank Account in EU
Opening of Bank Account in Singapore
Opening of Bank Account in the Baltic States
Opening of Bank Account in Panama
Opening of Bank Account in Switzerland
Opening of Bank Account in Estonia
Opening of Bank Account in Andorra
Opening of Bank Account in Belize
Opening of Bank Account in UK
Opening of Bank Account in the British Virgin Islands
Opening of Bank Account in Germany
Opening of Bank Account in Gibraltar
Opening of Bank Account in Hong Kong
Offshore Account in Cyprus
Open a company in Cyprus for only 3,500 euros
Tax Planning and Optimization
Accounting Management and Automation
Legal and Nominee Services
Real Estate Investment
Immigration Services (Permanent Residency)