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Why choose us ?

  Company incorporation
within 1 working day.
 
  No extra charges
for expedited formation
service.
 
 
  Company is ready to trade
from day 1.
 
  Full range of post
incorporation services
available.
 
 
Cyprus is situated in the eastern Mediterranean at the crossroads of three continents, Europe, Asia and Africa. It covers an area of 9251 sq. km. On 1st of May 2004 Cyprus became a full member of the European Union and as at 1st of January 2008 a member of the Eurozone.
 
Under the current tax legislation, there is no longer a differentiation in the tax treatment of local companies and International Business Companies as a single corporation tax rate is applicable for all companies.
 
Cyprus is one of the most attractive locations worldwide of doing business, acquire property or retire mainly from a tax perspective. With a uniform corporate tax rate of 10% (the lowest in the EU) , an extensive network of double tax treaties (over 40) and excellent infrastructure facilities, Cyprus has firmly established itself as a reputable international financial centre.
 
The most common structure in Cyprus is the International Business Company (IBC). The key characteristics are outlined below.
 

General

 

Type of entity:

IBC

Type of law:

Common

Minimum government fees (excluding taxation):

Not applicable

Corporate taxation:

10%

Double taxation treaty access:

Yes

Share capital

 

Standard currency:

Euro

Permitted currencies:

Any

Minimum paid up:

€ 1

Directors

 

Minimum number:

One

Local required:

No

Corporate Directors Permitted

Yes

Publicly accessible records:

Yes

Location of meetings:

Anywhere

Shareholders

 

Minimum number:

One

Corporate Shareholders Permitted

Yes

Publicly accessible records:

Yes

Location of meetings:

Anywhere

Company Secretary

 

Required:

Yes

Corporate Secretary Permitted

Yes

Local or qualified:

Local

Accounts

 

Requirement to prepare:

Yes

Audit requirements:

Yes

Local Auditor:

Yes

Requirement to file accounts:

Yes

Publicly accessible accounts:

No

Other

 

Disclosure of beneficial owners to Registrar

No

Requirement to file annual return:

Yes

Change in domicile permitted:

No

 

 

Our services are not limited to the above mentioned structure. Cyprus Trusts are also available upon request.

 

 

Foreign Exchange Rates

Per Euro   04-09-2010
 USD 1.2834
 GBP 0.83320
 CHF 1.3043
 JPY 108.38
 ZAR 9.2645