Eternity Law International News Registration of companies in Cyprus

Registration of companies in Cyprus

Published:
February 12, 2020

COMPANY REGISTRATION IN CYPRUS

Registration of companies in Cyprus is still a popular area for the registration of companies of various types. These include:

  • trading companies;
  • IT companies;
  • various holdings.

Let us consider in more detail the advantages of registering companies in Cyprus.

Main advantages

Cyprus has three main and important advantages:

  • low tax rate;
  • the ability to open bank accounts;
  • undoubted ease of registration.

Cyprus has the lowest taxes in the world. They make up 12.5% ​​of net income tax and the absence of dividend taxes. But these are not the only tax advantages in Cyprus. The country has an extensive range of various tax benefits. For instance:

  • profit from intellectual property;
  • deduction on conditional percentage of new capital.

This has become a clear advantage for companies involved in IT technology.

Other advantages of Cyprus for companies:

  • privileges for holdings and investment funds;
  • does not tax income derived from the sale of shares or companies;
  • digging and account are in the same jurisdiction;
  • registration takes place from 10 to 15 days from the date of application;
  • the opportunity to trade with the European Union.

Who will be interested in registering a company in Cyprus

First of all, it will be of interest to those whose main goal is to work in the EU market. Through Cyprus, goods are delivered throughout Europe, and this is not subject to duties.

For those who want to register a holding and plan the income of foreign companies, Cyprus will also be interesting. Such popularity is due to the lack of a bet on all receipts in the holding.

IT companies have long and firmly settled in Cyprus. The total tax rate on intellectual property income is only 2.5%. This is a great help for such companies.

Convenience of company management

In business, the main priority is the convenience of using the company. This factor is fundamental when choosing a country.

The company’s location in Cyprus will allow it to use various areas for management: in the field of accounting and auditing services, outsourcing is widely developed, the availability of first-class specialists and excellent communications allow unhindered work and business services.

The presence of outsourcing allows to reduce staff to a minimum, not to keep additional employees.

English in Cyprus is one of the official languages. Thus, when a company is registered and its work begins, the language barrier disappears by itself. This helps to save on hiring a translator when making deals or submitting documents.

Registering a company in Cyprus has undeniable advantages.

Our company is based on experience with this country and Eternity Law International specialists will be happy to рrovide you with assistance in resolving this issue.

You can order Registration of companies in Cyprus now!

Order now

Businesses for sale

Ready-made company with bank account in Cyprus for sale

Europe, Cyprus
Below you can see the information regarding the ready-made company in Cyprus for sale Ready-made company in Cyprus – whats included: Ready-made company in Cyprus for sale; Company with bank account; The company has opened bank account at Astrobank; Declared activities of company: marketing services; The company didn’t conduct any activities, no debts; Visit for...

Management Company in Cyprus

Europe, Cyprus
FEATURES OF CREATION A management company in Cyprus is always the perfect solution for the European Union fund registration process. This is facilitated by a huge number of reasons, among which it is worth highlighting a transparent registration process, an affordable taxation system in the country, an excellent legislative framework and law enforcement practice. Therefore,...

REGISTRATION OF THE COMPANY IN CYPRUS

Europe, Cyprus
Cyprus was a colony of Great Britain, but now it is an independent country and an EU member. Besides, Cyprus is consider financial heaven. For the last few decades, the authority built one of the most flexible taxation systems in the world. THE PROCEDURE REGISTRATION OF THE COMPANY IN CYPRUS Step 1. Choosing the legal...

You could be interested

Legal assistance in the ICAC

Individual entrepreneurs or legal entities often face an unpleasant situation when foreign counterparties do not fulfill their obligations under contracts and agreements. In such cases, it is recommended to turn to the International Commercial Arbitration Court as a dispute settlement body. Failure to act in such situations leads to many negative consequences, for example, to...

Operation of a cryptocurrency exchange company in Czech Republic

The entities operating in the FinTech domain are progressively setting up in the Czechia – an EU state with a strong economy and blockchain-friendly environment. Here crypto assets are regarded as an economic good or commodity rather than a standard unit of value of a currency. Although it is not a formal means of payment,...

Obtaining the citizenship of Dominica

Obtaining citizenship of Dominica is an excellent choice for anyone who thinks about obtaining another citizenship easily and without exorbitant costs. To find out the details of the conditions for its registration, as well as to get reviews of citizenship holders, read the article. If you want to understand what citizenship is for investment, what...

Formation of the bank in Montenegro

In accordance with World Bank Doing Business report, Montenegro’s rank is 42th of 190 jurisdictions in condition of ease of conducting business. Foreign investors in Montenegro have the same status as national individuals, moreover Montenegro attracts investors with pleasing taxation system. Also, Montenegro has a wide market of high-qualified employees, stable democratic policy. The formation...

Blockchain Summit 2018 in Kyiv

Eternity Law International, as a partner of the event, invites you to visit the third Blockchain Summit Kyiv 2018, which will be held on November 22, 2018 and will bring together more than 800 participants and 30 speakers from around the world. The summit will be held from 10:00 to 18:00 in the UBI conference...

Administrative advocate

Eternity Law International law company offers legal entities and individuals protection of their rights in cases of administrative offenses. Professional assistance of advocates will be needed if some people want to bring you to administrative responsibility. This can happen in cases where the administrative offense concerns certain points. Property encroachment; Disputes with government agencies; Violation...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7