Company Incorporation in Cyprus

Since 2008 Cyprus adopted the Euro as its national currency, replacing the Cypriot pound. Cyprus remains a dream destination for many foreign investors by offering an efficient and sophisticated business environment, coupled with a corporate tax rate of just 12.5%. Incorporation in Cyprus is an attractive option, as the island has double-taxation treaties with over 60 other countries, including most of the high-tax countries in Western Europe, and many states in Central and Eastern Europe. As a low-tax centre, this makes Cyprus a particularly effective location for companies. On top of this, the economy is strong and stable, and business costs are generally low.

What are the main features of a Private Limited company?
• No minimum share capital requirement
• Number of shareholders must be between one and fifty
• Company must have at least one director and one secretary
• Registered office required

What are the main features of a Branch?
• foreign parent responsible for all liabilities of Cypriot branch
• branch required to register with Registrar of Companies

What are the main features of a Limited liability Partnership?
• general partnership: between two and twenty members
• limited partnership: at least one partner with unlimited liability
• required to register with Registrar of Companies

Cyprus company benefits

• Low corporate tax of 12.5%
• The minimum requirement is only one shareholder to incorporate long with one director where either or both can be of any nationality and reside anywhere
• Ideal for holding company
• Entryway to Europe because of EU membership
• Many investment opportunities because it is one of the most touristic countries in the Mediterranean and Europe. Opportunities in real estate, gas, agricultural and fishing.
• Bilingual population and workforce

Want to learn more about Cyprus and the company formation procedure? Get in touch with one of our experts

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