Incorporating a Cyprus Company |
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Incorporating a Cyprus company is a tax-efficient way to conduct international business. Incorporating a Cyprus Company also projects a positive image to your customers, suppliers, investors and venture capitalists. After incorporating a Cyprus Company, Healy Consultants offers a range of business startup services in Cyprus, including virtual office support, international corporate bank accounts and accounting and taxation support. The following provides an overview of Cyprus for international entrepreneurs. |
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Cyprus is considered a high level income country by the World Bank, with a high gross domestic product (GDP), a well developed infrastructure and skilled labour force, making investing in Cyprus attractive. |
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Maintaining a free market economy and a low corporate tax rate of 10%, the Cypriot government actively promotes favourable conditions for investing in Cyprus, offering a range of non-tax incentives for entrepeneurs. |
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Healy Consultants offers a range of business startup services in Cyprus to support entrepreneurs investing in Cyprus. For example, we can assist EU residents investing in Cyprus to buy property for commercial use. |
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To help achieve our clients' objectives, our corporate services team can advise on the best strategy for investing in Cyprus. |
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Cyprus joined the European Union in May 2004 and has European standards of commercial and financial infrastructure, as well as a stable government, economy and legal system conducive to investing in Cyprus. |
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Dividends, interest and royalty payments attract no withholding tax after incorporating a Cyprus company. |
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When incorporating a Cyprus company, there is no capital gains tax. |
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International entrepreneurs investing in Cyprus can take 100% ownership of a Cypriot company. |
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Incorporating a Cyprus company is perfect for holding and investment purposes. |
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Healy Consultants will open a corporate bank account in the location of your choice after incorporating a Cyprus company. |
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After incorporating a Cyprus company, our client can take advantage of the double taxation treaties Cyprus has signed with more than 40 countries. |
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Our client can set losses incurred by a company against profits in future years, after investing in Cyprus. |
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A disadvantage of incorporating a Cyprus company is accounting requirements. After incorporating a Cyprus company, our client is required to submit a full set of annual accounts to the Cyprus Tax Authority. |
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Another disadvantage of incorporating a Cyprus company is that Cyprus-resident individuals and corporations are taxed on their global income. |
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Following Cyprus company incorporation, Cyprus has agreed to share information about savings held in Cyprus banks by EU nationals with the account-holders' countries. |
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Extensive banking support is one of Healy Consultants business startup services in Cyprus. |
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Healy Consultants business startup services in Cyprus also include accounting and taxation services including preparing tax returns and financial statements, offering payroll support and advising on the tax aspects of investing in Cyprus and overseas. |
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Our Virtual Office services are another of our key business startup services in Cyprus. These include providing office space to clients, providing a business address in Cyprus for invoicing purposes, and message-taking services. |
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Some Clients who wish to use our business startup services in Cyprus require assistance with human resource support. This includes applying for employment and residence visas, recruiting staff in Cyprus, and assistance with payroll. |
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Marketing support is also one of our popular business startup services in Cyprus. Clients typically request services such as business website creation, search engine marketing campaigns, designing stationery and logos, conducting market research and assisting with media advertising. |
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Healy Consultants also assists our clients to obtain corporate finance, trade finance and establishing merchant accounts to further support business startup services in Cyprus. |
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One of our specialist business startup services in Cyprus is IT Support. We can provide hardware purchasing and configuration support, configure office networks, design and maintain a website for your business, and help maintain the server. |
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Some clients investing in Cyprus choose business startup services in Cyprus which include merger and acquisition advice, assistance with conducting business due diligence, internal audit support and business process re-engineering. |
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Either before or after incorporating a Cyprus company, Healy Consultants arranges tailored orientation programmes in the country, which may include visits to main areas of business opportunity, new property developments and other useful services. One of the keys to successfully investing in Cyprus is developing a reliable network of business contacts and service suppliers. Healy Consultants can provide introductions to key businesspeople in Cyprus. |
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For entrepreneurs planning to move to Cyprus to oversee their investments, Healy Consultants provides relocation services which include:introductions to real estate agents in Cyprus; introductions to banks in Cyprus or internationally for mortgages, personal bank accounts etc; and assistance with locating a suitable school in Cyprus for our clients' family. |
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In summary, the correct corporate structure is key to successfully investing in Cyprus. Healy Consultants will engineer a structure to meet your exact needs. Refer to our Cyprus Company Formation page for further information. |
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Contact Us 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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