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Why should you register a company in Cyprus

  • Writer: alexiscalexandrou
    alexiscalexandrou
  • Oct 10, 2024
  • 2 min read



Over the past three decades Cyprus has become a top choice for foreign businesses looking for a favorable environment for investment and expansion. Numerous businesses have set up shop in Cyprus in recent years. Despite the island's more well-known reputation as a tourist destination, this trend is especially apparent in sectors like fossil fuels, investments, renewable energy, shipping, and pharmaceuticals. There are a number of strong benefits to establishing a company in Cyprus, including:


Being an EU company. If you are looking for the best way to enjoy the privileges and international images of having an EU company, Cyprus offers the perfect gateway. You will be exposed to global appreciation, making it easy for you to grow your business.

Lower tax rates. Running a business in any EU state can be overwhelmingly costly in terms of taxes. Cyprus is one of the lowest, at a rate of 12.5% of corporate tax net on profits.

Sale of shares. Tax free sale of shares, ideal for holding companies.

Access to international financial institutions. You can get such privileges quickly by register a company in Cyprus. You can easily grow your business through these services.

Tax-free dividends. And when you have made your profit, send them anywhere you want. You don’t have to pay hefty taxes for these services as tax on dividends for foreign nationals either dividends receivable or dividends paid is 0%.

International wings. From Cyprus, you can do business without any restrictions. You will be free to operate within the EU region and the world at large.

Freedom to run your business any way you want. Many countries put restrictions on foreign transactions. In Cyprus, you enjoy the freedom of doing things as you wish.

Adoption of B2B transactions in EU and outside EU with VAT 0% based on EU directives.

Double taxation relief irrespective of double taxation treaty or not.

Remote business setup. Cyprus has some of the most flexible businesses in the world. You don’t have to travel to Cyprus for registration of your company. Technology makes it easy to find hel

 
 
 

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