Cyprus Company Incorporations
We are a UK based group which specialises in incorporating and administering companies all over the world, including jurisdictions with low taxes and high levels of confidentiality. We look forward to working with you.
Advantages of incorporating in Cyprus:
- Double taxation treaties with more than 40 countries
- No withholding of tax on dividends
- No capital gains tax
- Income tax reduction
- Favourable tax regime including 10% corporation tax
- High Political stability
- High levels of confidentiality
- Complete anonymity
- Financial privacy and asset protection
- Maximization of shareholders value and investment return
- No minimum capitalization
- Availability of Freezone Area
- Efficient legal, accounting and banking services
- Excellent telecommunications
- Absence of CFC legislation
- Access to the EU Parent-Subsidiary Directive and EU Interest and Royalty Directive
- Bilateral investment agreements with 17 countries
- Freedom of movement of foreign currency
- Strong legal system based on English common law
- Democratic country with a free market economy
- European standard of living
- Pleasant climate and agreeable topography
- The workforce is amongst the most highly qualified in the world
- One of the lowest crime rates in Europe
- English is widely used in commerce, industry and administration
- Access to international markets
- Low formation and administration costs
- Member of the EU
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Cypriot company incorporation requirements:
- Minimum of one Shareholder / Member
- Minimum of one Director / Managers (may be corporate)
- Bearer Shares are not allowed
- Company Secretary is required
- Standard Authorised Capital
- CYP 1,000
- Registered Office/Agent required
- Company Secretary is advisable
- Government Register of Directors / Managers and Shareholders / Members is required
- Annual Return must be filed
- Accounts are submitted
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Cypriot company incorporation procedure:
- Carried out through a Cyprus Law Office
- Approval of the name of the company
- Application to the Central Bank for Exchange Control approval
- Preparation and printing of the Memorandum and Articles of Association of the company in the Greek and English languages
- Filing with the registrar of companies the memorandum and Articles of Association of the company in the Greek language together with the forms HE1, HE2, HE3, a copy of the approval of the Central Bank and the receipt for the payment of the registration duty
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Company structures in Cyprus:
- Private Company Limited by Shares- IBC
- Exempt Private Company
- Company Limited by Guarantee
- Branch of Overseas Company
- General Partnership
- Limited Partnership
- Sole Proprietorship
- Trusts
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