The corporate tax in Cyprus is 12.5%. Also, there is no capital gains tax or withholding tax on dividends paid to a non-resident person or company.
Business Setup Worldwide is a platform to help you set up your business. Right from incorporation, registration and licensing to establishing your office space, we facilitate the formation of your enterprise through expert counselling and incubation.
Strong commitment to professionalism, comprehensive capability across various segments of disciplines, proactive and continuous learning in ever changing global environment, and the ability to conceive innovative strategies and provide comprehensive support in executing such strategies distinguish Business Setup Worldwide, and provide the competitive edge in ensuring business growth.
Business Setup Worldwide's proprietary business design techniques, combined with its specialized regional know-how and global reach, enable companies to anticipate changes in customer priorities and the economic market, and then mould their businesses and improve operations to make use of opportunities created by those changes.
Cyprus is situated in the Eastern Mediterranean – at the crossroads of the 3 continents of Europe, Asia and Africa. Now that Cyprus has joined the European Union, it is fairly more connected to the other EU nations in terms of trade and business expansion. The main export partners of Cyprus are Greece, Ireland and the UK, while its main import partners are Greece, the UK and Italy. The tax regime of Cyprus is fully compliant with the EU and the Organization for Economic Co-operation and Development (OECD) requirements against harmful tax practices. Most of the businesses set up in Cyprus by foreigners are in the domain of leisure, catering and real estate.
A company can be incorporated in Cyprus in one of the following ways.
Setting up a company in Cyprus is beneficial from the following standpoints:
Company formation in Cyprus offers considerable tax exemptions, modern amenities, a robust regulatory system and free trade barriers. Business Setup Worldwide helps businessmen, entrepreneurs and investors establish their company in Cyprus through consulting, accounting and bookkeeping, and intellectual property services. Our experts take care of the entire Banking, Visa, Legal, and Licensing formalities, and allow corporates to enjoy their company formation process without worrying about the bureaucratic red tape and legal formalities. We guide you through your company formation, with your business objectives at the centre of our ecosystem, all the way.