Incorporate a Cyprus Entity |
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Businessmen planning to incorporate a Cyprus entity should note that, in recent years, the government has been gradually liberalising foreign investment regulations. Investors planning to incorporate a Cyprus entity benefit from a range of incentives and infrastructural advantages. The following information will help you decide whether to incorporate a Cyprus entity: |
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For investors planning to incorporate a Cyprus entity, the country has a well-developed infrastructure and excellent communications with Europe and the Middle East. |
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Investors planning to incorporate a Cyprus entity should note that dividends paid by a Cypriot company to an overseas company are exempt from tax deduction at source. |
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Investors planning to incorporate a Cyprus entity should note that the country has a low corporate tax rate of 10%, with additional benefits for investors. |
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The country has a well-educated, skilled workforce which has an excellent command of English, attractive for investors planning to incorporate a Cyprus entity. |
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Non-EU investors planning to incorporate a Cyprus entity can invest freely in the country, with the exception of property (see point 6 below). There are no capital restrictions on non-EU investors, and no limits on foreign equity participation/ownership. |
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Residents of EU member states planning to incorporate a Cyprus entity are free to acquire property for commercial use in Cyprus. |
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Directly, without authorisation from the Central Bank, foreign investors may acquire shares in an existing Cypriot entity . |
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Incentives available for investors planning to incorporate a Cyprus Entity to carry out offshore activities include the following: income sourced from operations abroad is not subject to corporate or income tax; immovable property outside Cyprus is not subject to capital gains tax or estate duty. |
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Investors planning to incorporate a Cyprus entity should note that Cyprus has signed double tax treaties with more than 40 countries. |
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Investors planning to incorporate a Cyprus entity should note that there are no restrictions on remittances for investment capital, earnings, lease payments, loan repayments or other business transactions. |
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As a member of the World Trade Organisation (WTO), Cyprus has obligations to protect the intellectual property rights for investors planning to incorporate a Cyprus entity. |
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Contact Us For additional information on the incentives available to incorporate a Cyprus Entity, please email email@healyconsultants.com or telephone us at (+65) 6735 0120. Back to Cyprus Company Formation page. |
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Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
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