Company Registration in Cyprus

Cyprus is a favored destination for businesses establishing their companies due to its strategic location, favorable tax regime, and robust legal framework. Situated at the crossroads of Europe, Asia, and Africa, Cyprus serves as a gateway for international trade. The country offers a competitive corporate tax rate, an extensive network of double tax treaties, and incentives for various industries, making it an attractive jurisdiction for tax planning and optimization. Additionally, Cyprus boasts a well-developed infrastructure, a skilled workforce, and a business-friendly environment. Its membership in the European Union adds further credibility, facilitating access to a large market.

Eurofast has been operating in Nicosia since 1978, providing company formation, Tax, advisory, and a range of other professional services. Throughout the years, we have accumulated considerable know-how in addressing cross border tax issues which have proved an invaluable competitive advantage for both our local and international clients. Our company registration services include but are not limited to: Setting up private & public companies, companies limited by guarantee, branches of overseas companies and trusts.

• Company Registration & Administration

• Trust Creation & Administration

• Fiduciary Services

• Trust Services

• Nominee Directors & Shareholders

• Banking Facilitation (including Bank Signatory)

• Accounting & VAT

• Examination of the facts and consultation on whether substance is necessary

• Building substance (office rental, telephone line, etc)

• Virtual Office Services

• International Tax Advice

• Corporate Tax of 12,5% – one of the lowest in Europe

• No withholding tax

• No tax on the transfer of shares (subject to specific conditions)

• Significant number of DTTs in place

• Included in whitelist of OECD (Organization for Economic Co-operation and Development) – Jurisdictions committed to improving transparency and establishing effective exchange of information in tax matters

• Zero-withholding tax on dividends distribution to non-resident shareholders of a Cyprus Holding company.

• No inheritance or gift tax

• Corporate Legal Infrastructure based on the English Common Law and harmonized with the EU corporate Laws

• Supply of highly skilled workforce

• Mature accounting system (IAS and IFRS)