Frequently Asked Questions
What are the requirements for forming a company in Cyprus?
The requirements for forming a company in Cyprus include selecting a company name, appointing directors and shareholders, and registering the company with the Registrar of Companies.
What are the types of companies that can be formed in Cyprus?
The main types of companies that can be formed in Cyprus are private and public limited companies, as well as branches of foreign companies.
How long does it take to incorporate a company in Cyprus?
The process of incorporating a company in Cyprus typically takes about 2-4 weeks.
What are the ongoing compliance requirements for companies in Cyprus?
Ongoing compliance requirements for companies in Cyprus include filing annual financial statements and returns, maintaining accurate records, and holding annual general meetings.
Are there any restrictions on foreign ownership of companies in Cyprus?
There are no restrictions on foreign ownership of companies in Cyprus. Foreign individuals and entities can own 100% of the shares in a Cyprus company.
Are there any tax benefits to incorporating a company in Cyprus?
Cyprus has a favorable corporate tax regime with a corporate tax rate of 12.5%. Additionally, there are many double tax treaty agreements in place which can provide