The complete process of company incorporation in Cyprus, including incorporation, bank account approval and corporate internet banking approval, takes 10 weeks on an average.
Cyprus
How long does it take to set up a business in Cyprus?
Is a resident director required for setting up a Limited Liability Company in Cyprus?
No, the director of an LLC in Cyprus need not mandatorily be a resident of Cyprus.
What is the corporate tax rate applicable in Cyprus?
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.