Cyprus Offshore CompanyEU Member State; Low Tax Rate; Over 43 Tax Treaties
Open a Cyprus Offshore Company
The Republic of Cyprus is in the eastern Mediterranean and a reputable and legitimate, low tax jurisdiction.
Cyprus is also a full member of the European Union (EU), using the Euro currency, and boasts over 43 double tax treaties which can assist in international tax planning. Planning is an important aspect of registering a company. We will assist and advise you, to make sure the Cyprus company is structured in a way meets your needs and can maximise tax efficiency. And make sure you are aware of the details relating to;
- Share Capital; Subscription of Shares
- Appointment of Director(s); Company Secretary; Company’s Registered Office Address
- Company name selection
Or you may choose to purchase a ready made (“shelf”) company for immediate use.
All Cyprus companies include:
Preparation and drafting of Memorandum and Articles of Association, in Greek and English language (other languages upon request)
Full set of corporate documents (including 2 bound Memorandum and Articles of Association)
Certificates (in English) of: Incorporation; Director & Secretary; Shareholders; Registered Address
Register of Members and Directors, and Share Certificates
|Total Set-Up Cost||€2,750||€1,700||€1,100|
*Bank account with Cyprus or Belize bank (further conditions apply) **Based on up to 100 transactions per year
|Corporate Tax:||12.5 %||Shareholder:||Required|
|Formation Time:||2 Weeks||Company Secretary:||Required|
|Corporation Type:||Limited / Ltd||Registered Office:||Required|
Cyprus Annual Reporting Requirements:
Annual Government Levy: Payable each June. Failure to do so results in penalties and could result in the striking-off of the company from the Registry. Corporate Tax: Annual submission of IR4 and HE32 to Inland Revenue and Company House. Submitted upon completion of audit. VAT: VAT registered companies must submit a VAT Report on a quarterly basis. VIES: VIES registered companies must submit monthly reports.