Start a company in cyprus here's why you should
- 5% effective tax rate for non-resident and non-domiciled shareholders
- 0% tax for holding companies on capital gains and dividends received
- No duty or tax on capital gains from the sale of a Cyprus company
- Extensive double taxation agreements with numerous countries
- Company setup within two working days
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HERE'S HOW WE HELP
At Cyprus Company Set Up, we offer comprehensive support through ADD+, a consortium of professional firms. Our team of experts delivers bespoke accountancy, audit, and professional services tailored to the needs of sole traders and small to medium-sized enterprises.
Led by Anton Azzopardi and Stephan Strijbosch, both seasoned accountants and members of The Association of Chartered Certified Accountants, we ensure top-quality assistance backed by extensive industry experience.
SERVICES UNDER ONE ROOF
MALTA COMPANY FORMATION
COMPLIANCE CONSULTANCY
NOMINEE DIRECTORSHIPS
BANK ACCOUNT
ACCOUNTING & AUDIT
TAXATION, VAT CONSULTANCY
PAYROLL
RENTAL OF PHYSICAL OR VIRTUAL OFFICE SPACE
WHY CYPRUS?
Establishing a company in Cyprus is efficient and can be completed within two working days. By filling out our contact form, you will receive a response with a service quote within one working day.
Our company, Cyprus Company Set Up, notes that Cyprus offers a corporate tax rate of 35% on company profits. However, shareholders are eligible for a 2/3 refund on the tax payable, effectively lowering the tax rate to just 5%. This significant reduction positions Cyprus as one of the most appealing jurisdictions for investment.
Cyprus presents a significant advantage for holding companies through its participation exemption. Essentially, a Cyprus citizen holding company that meets the participation holding criteria and distributes its profits to the final shareholder will be exempt from additional tax.
ABOUT CYPRUS COMPANIES
At Cyprus Company Set Up, we inform our clients that a Cyprus company is obligated to undergo a financial audit at the conclusion of each fiscal year. This audit must be conducted by an independent audit firm and endorsed by both shareholders and directors. Upon completion, the financial statements are submitted to the Cyprus Financial Services Authority , the local company house, and are made available on the public registry. Additionally, we offer comprehensive financial audit services to assist our clients in fulfilling these requirements.
We are Cyprus Company Set Up. We recommend establishing substantial connections to Cyprus for Cypriot companies, a process known as adding substance. Our services offer varying levels of substance, from basic to comprehensive.
ABOUT US
We are Cyprus Company Set Up, a creative professional services firm specializing in corporate services, accounting, and auditing. Our team comprises ACCA-qualified professionals with over 30 years of combined experience across various industries and countries. We prioritize efficiency and only propose solutions that clients can fully benefit from. Through our associates, we also provide legal services. Essentially, we offer a one-stop-shop solution at highly competitive rates. Our motivated and educated team is dedicated to working around the clock to meet our clients’ needs.