Cyprus Company Formation

If properly-structured, Cyprus company formation is an excellent, tax-efficient way to conduct international business. The following information will help you determine whether Cyprus company formation is the optimum corporate structure to fulfil your international business objectives:

Cyprus company formation allows entrepreneurs to legally conduct business in Cyprus and internationally at a corporate profits tax rate of 10%, the lowest rate in the European Union (EU). Furthermore, Singapore is positively ranked as the world's 22th freest economy in the Heritage Organisation’s 2008 Index of Economic Freedom, a measure of freedom enjoyed in  business, trade, monetary, financial, investment and labour markets.

Cyprus company formation permits 100% foreign ownership. A minimum of one shareholder and one director is required for Cyprus company formation. Corporate shareholders and directors are permitted, and can be of any nationality.

A Cyprus company accesses double taxation treaties with more than 40 countries, including with Canada, China, France, India, Ireland, Japan, Singapore, South Africa, the UK and the US to support Cyprus company formation.

Following Cyprus company formation, Healy Consultants can open a corporate bank account with one of the world's leading retail banks, including HSBC, Standard Chartered and Citibank.

A Cypriot company is ideal for holding and investment purposes. For more information, visit our Starting a Business in Cyprus webpage.

Following Cyprus company formation, a full set of annual accounts must be submitted to the to the Cyprus Inland Revenue Department.

Following Cyprus company formation, shareholders and directors details are available for public viewing.

Cyprus cooperates with the Organisation for Economic Cooperation and Development (OECD) and shares information on bank account holders at Cyprus banks with account-holders' governments.

Cyprus is negatively ranked as the world's 39th least corrupt country, according to the 2007 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians.

Cyprus is poorly ranked as the world's 46th most competitive economy in the World Bank's Global Competitiveness Report 2006-2007.

Cyprus business formation - a review of business formation procedures in Cyprus.

Cyprus FAQs - frequently asked questions about Cyprus.

Interesting facts about Cyprus - interesting information you may not know about Cyprus.

For more information on Cyprus company formation, email or telephone us at (+65) 6735 0120.