There are many reasons foreign corporations or entrepreneurs take the decision to form a holding company in Cyprus. Here we sum up the 8 most important reasons why they decide to form a holding company in Cyprus.
The bank account opening in Cyprus for business purposes is something bothering many entrepreneurs wishing to move their operations in the country.
The Cyprus Anti Money Laundering Law 188(I)/2007 has been recently amended for the purposes of introducing into local law the provisions of the 5th AML Directive 2018/843.
How entrepreneurs and investors can establish legal entities, companies, partnerships, european companies, branch overseas companies in the republic of Cyprus.
The company registration procedure in Cyprus is rather easy and fast. It can last up to 10 days, but usually is completed 6-8 days after the application submission.
What are the main steps, and what you should know in case you are interested in forming a Cyprus company.
To start with, the applicant has to collect all the relevant paperwork and certificates.
Note. We suggest that you discuss with our people the name choices before submitting, in order to avoid any rejection because of company name conflict.
The next step is the submission of the company name to the Cyprus registrar office for approval.
Usually in between 3 days the name is approved, so KTC will prepare the new company Memorandum and Articles of association according to the nature of the business and the will of the shareholders.
At the next stage- usually on day 7 or 8 all the founding documents of the company are issued.
As a last stage our firm will arrange the issuance of Cypriot Tax ID Number for the new company.
We also proceed to the bank account opening on the name of the company.
These are briefly the stages of the Cyprus company registration.
You can always contact our experts for more details about it. We will be more than happy to answer any questions and guide you towards your goals.
Do you consider company formation in Cyprus or re-domiciliation of your company or operations in the country? Here is how we can help you make it.
Cyprus has been an attractive international business hub for few decades now due to tax advantages but now more incentives are available.
Cyprus company formation is an easy a fast procedure. But what are the annual fees to the Cyprus government – Cyprus Registrar Department?
Forming a Cyprus Company will allow you to start operating in a very short time, enjoying immediately all the significant exemptions and advantages of Cyprus Tax regime.
In the this inforgraphic, we demonstrate all the relevant information regarding, the basic characteristics, the procedure of forming a Cyprus company, the documentation and time needed.
Cyprus is becoming one of the top emerging investment fund centers in Europe, offering unique access to high-growth markets.
The local tax favors high net worth individuals, investors, or entrepreneurs who want to setup a startup or relocate with their families or businesses due to the various tax benefits.
The Cyprus tax regime is one of the Europe’s most attractive thus making the country a popular destination for big international firms to transfer their base, and operations.
The nation’s commitment to innovative research and a rapidly growing start-up ecosystem is supported by the state and EU funds that cover expenses for the next 3 years.
The advantages and disadvantages of doing business in Cyprus according to the report of the World Bank.
What kind of partnerships are provided by Cyprus law and how they can be used. What is the procedure to for a Partnership in Cyprus?
This journey is going to be tough. Mistakes will be made. That is fine. You have to be prepared and make less mistakes. Trial and error is a great way to learn, but having a path to follow until launch is a must strategy to success.
The last few years international enterprises from various sectors have relocated and now operate under the European standards via Cyprus, enjoying security and at the same time attractive tax legislation.
The country is a great jurisdiction for registration of intellectual property as it combines the copyright protection laws of European Union with the signed treaties and protocols that the republic has signed.
All companies operating in Cyprus are obliged to adhere to the employment legislation of Cyprus.
Nicosia Office61 Agiou Pavlou Street, Agios Andreas, 1107, Nicosia, Cyprus
Larnaca Office90 Spyrou Kyprianou, Kontopyrgos TowerOffice 202, 6052, Larnaca, Cyprus
+357 22 777020
+357 22 777021
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