Cyprus is a Presidential Republic, a Member State of the European Union since 2005. Cyprus is a politically stable country with multi-party democracy.
Cyprus has been an independent republic since 1960, population – 850,000.
The legal system of Cyprus is based on the English Common Law.
Company limited by shares (LTD) incorporated under the Cyprus Companies Law (identical to the 1948 Companies Act of the UK) can conduct business in any part of the world including Cyprus.
|Income (Corporate) tax||12.5 %||* non-resident company|
|Received dividends||0 %||certain exceptions|
|Paid dividends||0 %|
|Profit from trading in Securities||0 %|
|Capitals gains tax||0 %||exceptions if any immovable property is owned|
|Interest received (trading)||12.5 %||income tax|
|Interest received (passive)||30 %||defence tax|
|Interest paid||0 %|
|Royalty income||12.5 %|
|Royalties paid||0 %||if the right is used outside Cyprus|
|* if the director (management outside Cyprus) is a non-resident, a Cyprus company is not taxable in Cyprus.
Such a company cannot benefit from any Double tax treaties and cannot obtain a tax Certificate declaring it to be a resident of Cyprus.
|Double tax treaties with 44 countries|
- Member State of the EU
- The lowest income tax rate in the EU
- Good taxation rules
- An LTD can be used as a holding company, for international trade, asset protection, as an investment company, etc.
- An income tax of 12.5 % for resident companies
- Annually required to file an audited Financial Statement with the Register and tax authorities
|Name||Must end with the word “Limited” or “Ltd”
|Share capital||The standard authorized share capital is EUR 1 000, not required to be paid before the company is incorporated.
Stamp duty is payable, calculated on the basis of the value of nominal capital
|Shareholders||A minimum of one Shareholder, corporate Shareholders are allowed|
|Director||A minimum of one Director, corporate Directors are allowed|
|Secretary||Required, corporate Secretaries allowed. Must be a resident of Cyprus|
|Annual reporting||Annual reporting (form HE32) to the Registrar.
An audited Financial Statement is to be provided annually to the Registrar and tax authorities
Company formation packages Request package prices
Annual levy to the Register (if the company was registered before the 1st of July), EUR 350
|Incorporation of a new company along with the preparation of apostilled documents||25 business days|
Annual support (beginning with the second year) Request price
Annual levy to the Register (must be paid before June 30th), EUR 350
Annual financial statement – required
Audit – required
Ready made companies Request price
Information that has to be provided by the customer
Incorporation process is possible as soon as the Due Diligence procedure is completed. Please fill in and send us the Order form; immediately afterwards, we are going to send you the information on the document required within the boundaries of the Due Diligence procedure.
1. Consult to determine the order. To choose a jurisdiction for a company we offer a consulting services:
- via telephone +(371) 67280645
- via e-mail: firstname.lastname@example.org
- via online question form found in the header Ask an expert
- Navigation through our web site will help you to determine: benefits, prices and requirements in respective jurisdiction
2. Complete an application form. After you have made your decision, please complete one of the online application forms:
- Application for the incorporation of a new company
- Application for the acquirement of a ready-made company
3. Issue of invoice and settlement of order. Within one business day of filling in the online application form, you will receive an invoice via e-mail. You can pay the invoice using money transfer to the BBP bank account provided in the invoice or via Internet, using PayPal. We suggest using PayPal only in case the amount is less than 200 EUR.
ATTENTION! The invoice number should be written in the details of payment!
A payment acknowledgement will be sent to you as soon as we will receive the payment.
4. After we receive the required Due Diligence documents from you, we shall commence the incorporation or the preparation of the documents required in order to carry out the acquirement of a ready-made company.
5. Document delivery to the client. Documents are sent via international courier mail.
6. Further supporting services. We guarantee to inform, assist and provide you with all the necessary services for further support of the company.
Get acquainted with jurisdiction legislation free of charge!
Select one* legislative act that you would like to receive free of charge:
*Please note that we shall only provide one document for free. If you would like to receive more information please contact us!