Reasons to Opt for Business Establishment in Cyprus:
- Tax Advantages: The nation boasts one of Europe’s most favorable corporate tax regimes, with a mere 12.5% rate. Furthermore, Cyprus has ratified more than 60 double taxation agreements, significantly easing the tax load for businesses.
- Strategic Location: In Europe, Asia, and Africa, Cyprus is a prime business nexus. Its convenient air and sea access to various international destinations enhances its appeal as a business hub.
- Business-Conducive Environment: The island’s stable economy, proficient workforce, and solid legal framework create an ideal setting for business operations. The widespread use of English, stemming from Cyprus’s affiliations with the EU and the Commonwealth, facilitates smooth communication for international clients.
- Simplified Business Registration: The procedure for registering a company in Cyprus is straightforward, marked by minimal fees and simple documentation. Engaging a proficient law firm ensures the setup of your Cyprus-based company within ten days, leaving you to merely choose a company name while the experts handle the rest.
Steps for Incorporating a Company in Cyprus:
- Name approval submission.
- Draft necessary legal documents with our in-house legal team.
- Filing of documents with the Registrar of Companies.
- Official incorporation and issuance of certificates.
- Receipt of all incorporation documents, including apostilled certificates in English for global use.
Incorporating a business in Cyprus offers tax efficiencies and strategic geographical advantages and provides entrepreneurs with a supportive and straightforward legal framework. With the aid of skilled lawyers, the process can be completed swiftly, allowing businesses to take advantage of Cyprus’s favorable business environment.
