Company Formation

Basic Package

1890
  • Company Incorporation
  • FullSet Of Corporate Documents
  • 1st Year Government Fees
  • 1st Year Company Domiciliation
  • Dedicated Account Manager for 1 year
  • Courier Delivery

Bank Account Package

2580
  • Company Incorporation
  • FullSet Of Corporate Documents
  • 1st Year Government Fees
  • 1st Year Company Domiciliation
  • Dedicated Account Manager for 1 year
  • Courier Delivery
  • Set Of Corporate Documents With Apostil
  • Bank Account Opening

Privacy Package

3990
  • Company Incorporation
  • FullSet Of Corporate Documents
  • 1st Year Government Fees
  • 1st Year Company Domiciliation
  • Dedicated Account Manager for 1 year
  • Courier Delivery
  • Set Of Corporate Documents With Apostil
  • Nominee Director
  • Nominee Shareholder
  • Power of Attorney With Apostille

Cyprus Offshore Company – Overview

Type of entity LTD, IBC
Type of law Common
Shelf company availability Yes
Company Registration Timescale 5 days
Standard currency Euro
Permitted currencies Any
Minimum paid up No
Usual authorized Euro 1,000
Double taxation treaty access Yes
Corporate Taxation 12,5%
Tax On Dividends 0
Tax on capital gains, royalties, interests 0
Minimum number One
Local required No but recommended
Corporate Directors Permitted Yes
Publicly accessible records Yes
Location of meetings Anywhere
Minimum number One
Publicly accessible records Yes
Location of meetings Anywhere
Required Yes
Local or qualified No
Requirement to prepare Yes
Audit requirements Yes
Requirement to file accounts Yes
Publicly accessible accounts No
Minimum Annual Tax/License Fee Euro 350
Requirement to file annual return Yes
Change in domicile permitted No

The Republic of Cyprus enjoys a strategically beneficial location at the intersection of the traditional shipping routes between Europe and the continents of Asia and Africa. It’s a hub of the busy trade routes linking Western Europe with Middle East and North Africa. While Greek and Turkish are the two official languages, English is wide spread, especially in the business community.

The offshore regime in Cyprus for offshore companies has changed as part of the island’s accession to EU, and as result of agreements with OECD. It also enjoys a wide network of Double Tax Treaties, becoming a dominant player for tax planning structures. Furthermore, Cyprus is renowned for its efficient, stable, and reliable banking system and effective professional sector, both audit and legal. Its entire constitutional and legal framework has enabled Cyprus jurisdiction to become an important offshore financial center.

Restrictions concerning maximum allowable percentage participation, as well as minimum monetary level of foreign investment in any company / legal entity in Cyprus, were lifted from January 2000 for EU Citizens, and from 1 October 2004 for non-EU Citizens.
Now, Cyprus’ Investment Policy allows 100% foreign participation in Cyprus Entities in almost all sectors of the economy not only for EU Citizens, but also for investors from third countries.

There is a 10% corporate tax rate approved for Cyprus companies which it apply for both onshore and offshore companies, plus 2% levy on wage bills. Therefore the corporate tax of a Cyprus company is one of the lowest rates in the EU.

The most important benefits that Cyprus offshore company offers are: free movements of profits derived from operation on non-resident investments; no withholding tax is payable on dividends, interest and royalty payments for your offshore company; full capital gains tax exemption is given on capital gains; salaries of foreign employees of offshore companies employed outside Cyprus are completely tax exempt; Cyprus is a major offshore business center with thousands of offshore companies, firms incorporated annually; dividends to shareholders are tax free; double tax treaties have been concluded between Cyprus and 38 countries; offshore companies situated in Cyprus may purchase various items for their own needs duty free.

Please contact us for the updated list of shelf companies or use the ORDER NOW button to check the list.

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