Cyprus offshore company formation

Cyprus is a legally stable country and a popular place for offshore company formation.

Despite various changes in legislation, the Cyprus offshore company incorporation remains a favourable option, offering the benefits of low taxation within the European Union (see also Bulgaria, Lithuania, Estonia).

In addition, an offshore company in Cyprus offers you a high level of anonymity and confidentiality, despite the obligation to register administrators in the public registry, since it is possible to use the services of nominee directors and shareholders.

Cyprus company registration is an ideal option for financial services companies: an investment company (CIF) with a license in Cyprus (CySEC) can be used to provide broker services (see Forex licence) in all EU markets via a simple passporting of your license.

Cyprus

Cyprus is officially called the Republic of Cyprus and is an Eurasian country, an island located in the heart of the eastern part of the Mediterranean Sea. It is located to the south of Turkey and to the west of Syria and Lebanon. Cyprus is the third largest island in the Mediterranean and a traditional tourist destination in great demand. It was formerly a British colony, and became independent in 1960, becoming a member of the Commonwealth in 1961.

Companies are governed by Cyprus Companies Law based mainly on the English Companies Law of 1948.

The ease of obtaining an intra-community VAT number along with a 12.5% tax on profits make Cyprus an attractive onshore jurisdiction for foreign investors.

Thanks to its advantageous tax system, Cyprus is proving to be one of the most popular offshore jurisdictions for holding, international trade and service companies.

Cyprus offshore company service fees

100% online.

1-3 working days.

USES OF AN OFFSHORE COMPANY IN CYPRUS

  • INTELLECTUAL PROPERTY AND HERITAGE PROTECTION

    A good choice to protect your property and assets, as well as your brand.

  • FINANCIAL INSTITUTION

    An activity that cannot be carried out without having a license (Brokerage, payment institution).
    Most payment institutions and electronic money institutions choose this country for the legal protection offered by the Central Bank of Cyprus.

  • Holding

    A holding is a parent company whose purpose is to bring together partners or shareholders who wish to acquire a significant influence in other companies.

  • INTERNATIONAL TRADE

    A favorable and suitable jurisdiction for carrying out activities such as e-commerce, import/export, and/or professional services, with income tax exemption.

  • BROKERAGE COMPANY

    Cyprus offers the possibility of obtaining a broker’s license for companies or individuals who wish to carry out a regulated brokerage activity under the supervision of CySEC.

ADVANTAGES OF SETTING UP AN OFFSHORE COMPANY IN CYPRUS

  • Capital

    No capital release requirement when setting up a business in Cyprus.

  • ACCOUNTANCY

    Bookkeeping is compulsory for any company domiciled in Cyprus.

  • RESIDENCE

    There is no restriction regarding the residence and/or nationality of the directors and/or shareholders.

  • TAX

    Exemption from income tax, capital gains tax and inheritance tax.
    Exemption from tax on dividends obtained abroad.
    Profit tax is 12.5%

  • CONFIDENTIALITY AND STABILITY

    Flexible legislation, politically stable, with a modern vocation and bureaucratic ease to create a company while guaranteeing the secrecy and confidentiality of investors.

offshore company cyprus

Cyprus company formation main characteristics

Incorporation time frame 1 – 3 working days
Type of business entityLtd, Lp
Corporate tax12,5%
ISO standardsAvailable
Information concerning ShareholderDisclosed
Information concerning directorsDisclosed
Nominees servicesAvailable
Financial licenseAvailable
Valid EU VATAvailable

Looking to start your own Cyprus Offshore Company?

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