Cyprus Company Formation

12.5% company tax

Our head office is based in Cyprus – here we specialise in corporate support services.

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.

Company Tax  12.5% Shareholder Required
Annual Reporting Required Director Required
Annual Audit Required Secretary Required
Accounts Required Registered Office Required
Time Required 1 Weeks Share Capital No Minimum.
Company Type Limited / Ltd Bearer Shares Not Allowed
Privacy
Your privacy is important to us – we do not share information with others. Our advice is free, and anything discussed will remain confidential.
Company Transfer
Transfer your company to us quickly and efficiently.  We will help you manage the process.
Website & Branding
  • Get a domain name and website for your business.  Costs start from only €300
  • Build brand and market your business:  logo and branding design – contact us for details
How it Works
We collect some information from you

We Assess the best options for you (FREE ADVICE)

We meet you on Skype to confirm your ID – NO VISIT REQUIRED

After payment we start the process

How to Order
Contact us:

  • Chat on website (bottom right)
  • Email – susan@yourgroup.eu.com
  • Phone – 00357 25103904

We send you an information form and start the process

How to Pay
A). Bank Transfer

B). Visa/Mastercard

C). PayPal

CONTACT US NOW

We will assess your options FREE

Cyprus Company Formation Package Fee.

Cyprus Company Formation // 900 EUR

Company Documents are provided with apostile including:

  • Memorandum & Articles
  • Certificate of Incorporation
  • Shareholder Certificate
  • Directors Certificate
  • Certificate of Registered Address
Company Registered Office // 250 EUR
  • Registered office must be located in Cyprus.
Company Secretary // 250 EUR
  • Company Secretary is responsible for receiving and responding to official letters and notices.
Nominee Shareholder // 350 EUR
  • Nominee shareholder (optional) can provide enhanced privacy.
  • Trust deed included.
Nominee Director // 350 EUR
  • Nominee Director (optional) can provide enhanced privacy and demonstrate presence in Cyprus.
Cyprus Bank Account // 700 EUR
  • No visit required
  • Full suite of business services
  • E-banking
  • Debit / ATM cards
Accounting // 900 EUR
  • Accounting services for up to 100 items/entries per year
Benefits
  • Low Tax
  • No withholding tax on royalties for use outside Cyprus
  • 45 Double tax treaties
  • No withholding tax on interest
  • Credit relief for foreign withholding tax
  • Ability to carry forward losses indefinitely
  • Flexible and tax efficient re-organisation provisions
  • Group relief rules available
  • Tax-exempt business profits of non-resident companies
  • Tax-exempt gains on the trading and disposal of securities
  • Tax-exempt gains on the disposal of subsidiaries
  • Tax-exempt dividend income (subject to applicable criteria)
  • Tax-neutral group re-organisations
  • Tax-relief for group losses
  • Full adoption of the EU directives regarding
    • Parent / Subsidiaries
    • Mergers Mutual Assistance and Cooperation
    • Royalties and Interest income
Tax

The rate of corporation tax is 12.5%.  Companies pay corporation tax. Sole traders and partnerships do not pay corporation tax.  All companies that are tax-resident in Cyprus are taxed on income whether it comes from Cyprus or anywhere else in the World.  Companies which are not tax-resident in Cyprus, but have a permanent establishment (office) in Cyprus are taxed on income from business activity conducted in Cyprus.  Some exemptions from corporation tax are:

  • Profits from an office (permanent establishment) in another country
  • Dividends (Company profits paid to shareholders)
  • Profits from the sale of shares and other securities

Expenses incurred by the company solely for business purposes can be deducted from corporation and include:

  • Employer’s contributions to social insurance and approved funds on employees’ salaries
  • Entertainment expenses for business purposes (with limitations)
  • Donations to charities
  • Building maintenance for buildings subject to a Preservation Order (with limitations)
VAT
  • Standard Rate 19%
  • Reduced Rate 9%
  • Reduced Rate 5%
  • Zero Rate 0%

VAT returns are submitted every 3 months

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