Company registration in Cyprus

Why to choose Cyprus?

Cyprus is one of the best EU jurisdiction for company registration, offering one of the lowest EU tax rates and great business environment.

Cyprus companies are taxed only with 12.5% corporate tax on their net profits, and providing the possibilities for dividends to be taxed with 0%.

The best company type in Cyprus

The most common type of company in Cyprus is the limited liability company (LLC) which provides the owners of the company to limit their liability subject to their share-capital.

A great thing about Cyprus companies is that at the stage of registration it is not required to deposit share-capital, hence, it eases the company registration process.

Tax aspects of Cyprus company

LLC in Cyprus offers you great tax planning solutions, as Cyprus companies are taxed only with 12.5% on net profits, and provide the possibilities to receive dividends with 0% tax. Cyprus has entered into more than 50 double tax treaties, ensuring great possibilities for tax planning on an EU and international level.

Registration procedure & required documents

A limited liability company in Cyprus can be established in less than a week in case all necessary documents are submitted for registration.

The company can be registered without a local presence, namely, you don’t need to be in Cyprus to open the company, all registration procedures can be done while you are anywhere in the world.

Only 3 documents are required to register a company:

1) Passport copy of the ultimate beneficial owner (UBO);
2) Utility bill not older than 6 months;
3) CV of the UBO and company’s management.

Additionally, Cyprus offers great banking solutions, and compared to other EU countries, in Cyprus corporate bank account can be opened very quickly.

Packages for company registration in Cyprus

STORE EU LAW FIRM offer 3 packages for company registration namely:

1) The basic package which includes company registration in Cyprus, contact person and digital office for 1 year – https://store.eulawfirm.eu/service/cyprus-limited-liability-company-basic-package/

2) The standard packages which includes company registration, contact person, digital office and bank account opening service in 1 bank – https://store.eulawfirm.eu/service/cyprus-limited-liability-company-formation-standard-package/

3) The premium package, which includes all of the above + bank account services up to 5 banks – https://store.eulawfirm.eu/service/cyprus-limited-liability-company-formation-premium-package/

Should you have any questions about the company registration process in Cyprus, do not hesitate to contact us at store@eulawfirm.eu 

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