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Home > Jurisdictions > Cyprus
Cyprus offshore company
Cyprus is an island in the Mediterranean Sea with a population of less than 900,000. The official languages are Greek, Turkish and English. English is widely used in business, industry and government. Cyprus joined the European Union in 2004 and has showed a considerable growth in its economy during the past 15 years. Cyprus has a long history as an International Financial Center. Cyprus enjoys the lowest corporate tax rate in Europe : there is a 10% corporate tax levied on the resident companies based on the worldwide income. The companies that we register are Private Companies Limited by Shares.
Cyprus Company, ideal for:
Main characteristics:
Company type
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Private Company limited by share. |
| Corporate legislation |
The Cyprus Bar Association is the governing authority and companies are regulated under the Cyprus Companies Law, Cap.113. |
| Information published relating to company officers |
Upon registration, all company officers name will appear in the business registry, available for public inspection. We can appoint nominee officers to avoid the client's name to appea. |
| Confidentiality |
Cyprus offers a high level of anonymity and privacy. |
Accounting requirement
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Yes |
Taxation
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Lowest taxation in Europe (10%)
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Legislation
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Modern offshore legislation |
Standard Currency
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Euro |
Time to form
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Cyprus has an efficient Registry : 4 days formation time
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Stability
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Stable jurisdiction with very good reputation |
Communication
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Efficient communication means |
Time zone
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Convenient world time zone : GMT+2 |
Secretary required
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Yes |
Paid up capital requirement
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No paid up capital requirement |
Basis of legal System
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Under Common Law |
Minimum shareholders / directors
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A minimum of 1 Director / Shareholder suffice for incorporation
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Bearer shares
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Bearer Shares are not permitted |
Fees
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€ 2400
.- to incorporate and € 1900
.- per year. Detailed Fees |
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