*** To maintain good standing, your Cyprus company must pay an annual renewal fee. This fee is a flat rate and free from hidden charges.

What’s included for 2990

● Incorporation of Company
● Cyprus Government Registration Fees
● Registered Office for 1 year
● Registered Agent for 1 year
● Certificate of Incorporation
● Memorandum of Association
● Register of Members
● Membership Certificates
● Lifetime support

Why Cyprus

Cyprus is one of the most business-friendly and tax-efficient countries in Europe. It offers low corporate tax rates, EU membership, strong financial privacy, and an international business hub.

Benefits of opening a company in Cyprus

1. Low Corporate Tax (Only 12.5%)

✅ One of the lowest corporate tax rates in the EU at 12.5%.

✅ Foreign-sourced income may be tax-free (if structured correctly).

✅ No withholding tax on dividends, interest, or royalty payments to non-residents.

✅ IP-Box Regime – Only 2.5% tax on income from intellectual property (IP).

2. Strategic EU & International Location

✅ Located at the crossroads of Europe, the Middle East, and Africa.

✅ EU Member State – Free trade access to 450 million consumers in the European market.

✅ Common Law System – Based on British law, offering a reliable legal framework.

3. Strong Banking & Financial Privacy

✅ Well-regulated banks with international banking options.

✅ Crypto & FinTech-friendly – Recognized regulatory framework for digital assets.

✅ No public access to Ultimate Beneficial Owner (UBO) register (except for EU authorities).

4. Simple & Fast Company Formation

✅ Company registration takes just 3-4 days.

✅ No minimum share capital requirement (except for financial institutions).

✅ 100% foreign ownership allowed – No local shareholder required.

✅ No physical presence required – You can register a Cyprus company remotely.

     5. No Tax on Dividends & Capital Gains

✅ No dividend tax for non-residents – Investors receive 100% of profits tax-free.
✅ No capital gains tax (CGT) on the sale of shares, except for Cyprus real estate.
✅ Tax-efficient holding company structure – Profits from subsidiaries are tax-free.

6. Residency & Citizenship Benefits

✅ 60-Day Fast-Track Tax Residency – Become a tax resident with zero tax on worldwide income.

✅ EU Residency & Citizenship Options – Business owners can apply for residency after 5 years and citizenship after 7 years.

✅ No wealth tax, inheritance tax, or exit tax.

Types of Business Entities in Cyprus

Cyprus offers several types of business structures to suit different needs, from small businesses to large multinational companies. Here’s a breakdown of the most common types of business entities in Cyprus:

1. Private Limited Company (Ltd) – Most Popular

✅ The most common business structure in Cyprus.

✅ Limited liability – Owners are only liable for their investment.

✅ Can be 100% foreign-owned.

✅ Minimum one shareholder and one director (can be the same person).

✅ No minimum capital requirement.

✅ Suitable for startups, SMEs, and international businesses.

2. Public Limited Company (PLC)

✅ Used for large businesses & companies listed on the stock exchange.

✅ Requires at least two shareholders and minimum €25,629 share capital.

✅ Must publish annual financial statements and have a board of directors.

✅ Subject to stricter regulatory compliance.

3. Cyprus Holding Company

✅ Tax-efficient structure for managing international subsidiaries.

✅ No tax on dividends received from foreign subsidiaries (if certain conditions are met).

✅ No capital gains tax on the sale of shares.

✅ Beneficial for companies holding intellectual property (IP), real estate, or other investments.

Incorporation Procedure

Documents from individuals:

• Certified Copy of a Passport
• Certified Copy of a Utility Bill e.g., Gas / Electrical or Bank Statement (dated within the last 3 months)
• 3 Proposed company name
• Completed Application Form (we will provide).

Documents from legal entities:

• Copy of the Certificate of Incorporation;
• Copies of incorporation documents (Articles of Association and Memorandum of Association).
• Register of directors/shareholders/members

Note: Where documents are in a language other than English, a certified translation of the full document into English must be provided, with the original document.

Company Structure

• Minimum Number of Directors: One, who may be a natural person or a corporate body.
• Minimum Number of Shareholders: One, which can be the same entity as the director.
• Beneficial Owners: While beneficial owners are not part of public records, you must provide this information to the Registered Agent who maintains confidentiality.

Timeline

Once we have received all the required identification documents, the company formation process will take approximately 3-4 working days subject to compliance review.

Taxation Policies