Companies registration

Cyprus is a reputable European jurisdiction with no offshore status and profit tax (income tax) is 12.5% ​​- the lowest income tax in Europe. If a Cypriot company sells goods and services to residents of the European Union, there is also a need to pay VAT (VAT). A company in Cyprus provides some opportunities for tax planning, depending on the specifics of the business.

 

A Cyprus company is exempt from VAT (VAT) if the recipients of the goods and services provided by the Cyprus company are non-EU residents.

A company registration in Cyprus allows you to use the advantages associated with the use of the tax treaties for the avoidance of double taxation agreements concluded between the Republic of Cyprus and other countries (including Russia).

 

Treaties for the avoidance of double taxation (signed agreements):

Russia, Ukraine, Belarus and most of the CIS countries (except Georgia), Austria, Belgium, Bulgaria, Great Britain, Hungary, Germany, Greece, Denmark, Egypt, Ireland, Italy, Canada, China, Kuwait, Malta, Norway, Poland, Syria, Slovakia, USA, Romania, Czech Republic, Sweden, Finland, France, former Yugoslavia.

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A registered address and a secretary (legal entity or individual) are required in the territory of Cyprus.

• The minimum number of shareholders is one (natural or legal person).

• The minimum number of directors is one (natural or legal person). Nationality and residency do not matter.

• The director and the shareholder can be the same person.

It is recommended that at least one director in a Cyprus company is a resident of Cyprus, which will allow using the advantages associated with the conclusion of treaties for the avoidance of double taxation between Cyprus and other countries.​

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We will help you to do the following:

• Incorporate a company.

• Provide a nominee service.

• Provide the service of renting registered and actual offices.