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Cyprus Company Registration

Update Date:2020-3-11 15:52:31     Source:www.3737580.com     Views:197

Shanghai Hotline: 021- 68877368
Tel (Wechat): +86 18101649652

 

Cyprus, known as the lowest tax country in Europe, is located in the middle and north of the Mediterranean. It has good natural and living conditions, convenient transportation, perfect economic management system and public service system. The local financial service industry in Cyprus is developed, and any investment income such as investment capital, profit, interest and dividend can be remitted overseas freely. Therefore, some investors will choose to register Cyprus companies to develop overseas market.

 

Advantages of Registering a Cyprus Company:
1. EU Member States and member states are duty-free, and there is no tax and stamp tax for corporate dividends;
2. It is located in Africa, Asia and Europe with superior geographical position and can be based in Cyprus and radiate the markets of EU, North Africa and the Middle East;
3. Low operation cost, high quality of local labor force and relatively low wages;
4. Prosperous business, good legal atmosphere, loose domestic tax;
5. Free economic system, no foreign exchange control;
6. Specialized infrastructure and the lowest crime rate in the world;
7. It has signed bilateral tax agreements with China, Singapore, Mauritius, some other Asian countries, most central and Eastern European countries and more than 30 countries including EU countries, the United States and Canada.
8.The company's income tax is 12.5%, which is a relatively low tax country in Europe. Non resident companies do not need to pay taxes. Their main directors do not live in Cyprus and do not operate locally.

 

Application Conditions of Cyprus Company:
1. Company name must end with "limited";
2. At least one shareholder / Director, who can be a natural or legal person, has no local resident requirement and no upper limit of number;
3. Must have a local registered address;
4. There must be a secretary, who can be a natural person or a legal person, without the requirement of a local secretary.
5. No capital verification is required, and there is no minimum registered capital limit;
6. Annual audit report is required.

 

Document List to Register Cyprus Company:
1. Copy of Passport ID card;
2. Address supporting documents, such as bank credit card statements, etc.
3. Time required to register Cyprus company and open an account: 22 working days.

 

Documents Obtained after Registration of Cyprus Company
1. Company license and memorandum in Greek as official language;
2. Company registration certificate;
3. Director's certificate;
4. Shareholder certificate;

5. Indefinite share transfer documents and indefinite resignation letters issued by registered shareholders and nominated directors (optional or not);

6. Power of attorney of registered shareholders;
7. A contract of indemnity in which the beneficiary guarantees the action of the nominee.

Cyprus company registration charges include company establishment, appointment of secretary and director, appointment of shareholder, address fee, account opening, VAT registration, annual review, agent certificate, etc. Note: VAT report is required to be submitted every three months.

 

Contact Us
For further queries, please do not hesitate to contact us at anytime by calling
Shanghai Hotline: 021-68877368          Tel (Wechat): +86 18101649652
E-Mail: 3001945826@qq.com               QQ:3001945826
Address: Block F, 15th Floor, No.855 South Pudong Road, Pudong New Area, Shanghai

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