Cyprus is an established and popular place to incorporate limited liability companies. Cyprus is a full member of the European Union with one of the lowest corporation tax rates within Europe. Companies incorporated in Cyprus pay 12.5% tax on profit, however a company not tax resident in Cyprus, will only pay tax on income generated from activities within Cyprus.
A company is considered tax resident, if it is managed and controlled within Cyprus.
A Cyprus company can be used for most commercial purposes. The company can be registered with just one director. Other directors are optional.
The company must have a registered office within Cyprus. This is the official address of the company. We will provide you with an address to use as your registered office.
A Cyprus company must also have a registered agent located in Cyprus to hold the company records. We will provide you with a registered agent to fulfill this requirement.