Company registration in Cyprus

Cyprus has been actively developing for several years, increasing its own potential, thus attracting foreign investors and businessmen.

Because of economic, political stability, actively developing infrastructure, excellent weather conditions, strong regulatory framework, many foreign entrepreneurs decide to open a company in Cyprus, to move their families here. The procedure of opening a business in this region is quite complicated. Therefore, hiring professionals is the ideal method to solve the problem.

Registering a business in Cyprus: advantages

At the moment the creation of a company in Cyprus has certain advantages:

• there is a low level of corporate tax among other European countries;
• the country is not included in the offshore zone;
• the island is part of the European Union;
• the presence of stable corporate, tax legislation;
• the presence of favorable opportunities that allow you to open a company in Cyprus.

In addition, here every entrepreneur gets the opportunity to avoid double taxation.

What kind of company to open in Cyprus and how to choose the type of ownership?

The following forms of ownership are offered to entrepreneurs here:

• LLC (can be public or private);
• Partnership (limited or simple);
• Branch of a foreign company;
• EI.

The most popular option is to open a company in Cyprus with a limited number of shares.

Basically, the procedure of registration "from scratch" can take about one month.

Registration of a company in Cyprus: taxation

The progressive rate of taxation on finances received in the territory of the state may vary. It all depends on the status of the individual. The maximum amount of tax is 35%.

There is a real estate tax. And it is a minimum of 0.6% and a maximum of 1.9%. It depends on the price of the property. The contribution must be made by anyone living here every year until 30.09.

The income of a legal entity is taxed, and the amount of the contribution is 12.5%. As for VAT, the amount is 19%. The entrepreneur pays this tax for the supply of products, the provision of various services, the purchase of goods in the European Union, importing goods to the island.

How to obtain citizenship in Cyprus business owner?

There is a special program that allows you to obtain citizenship, as well as a passport of the state, making investments in the economy from 2 000 000 euros and more.

The candidate chooses one of 3 options for making investments, or combines them. Each option is executed for a period of 3 years. This program is currently distinguished by having the shortest terms. To participate in it, the candidate must be of legal age, have no criminal record, fulfill certain conditions.

Who to entrust to register a company in Cyprus?

Of course, the registration of any company requires attention, a lot of time, experience in this process. Therefore, when faced with such a task, be sure to contact our company. We will help you to register a company in Cyprus, we will do the work quickly, efficiently.

Our advantages:

• have a great experience;
• big list of services;
• acceptable prices;
• help of professional lawyers.

Also, our experts accompany each client at every stage of registration of the company.