Cyprus can be your next business destination for various reasons. As a business-minded person you want to earn more and pay less tax. You want a secure and approachable business environment to set up your company.
Setting up an International Business Company (IBC) and choosing to register your company in Cyprus is simple, fast, and cost-effective. Our dedicated team will provide everything needed for your Cyprus company registration, ensuring that your business and personal goals are fully met.
Why Register your Company in Cyprus?
The BEST Corporate Tax System:
Cyprus has one of the most competitive tax systems and is fully aligned with EU and International regulations. Cyprus tax resident companies benefit from Cyprus’ extensive double taxation treaty network with over 43 countries worldwide as well as access to EU directives. The OECD includes Cyprus on the White List of jurisdictions that have substantially implemented the internationally agreed tax standard.
Business Activities Which are Ideally Suited to the Cyprus Tax Environment Include:
- Holding companies
- Servicing companies
- Finance companies
- Intellectual Property companies
- Investment Funds
- Trading companies
- Partnerships
- Trust companies
- Shipping companies
Cyprus Corporate tax, at the competitive flat rate of 12,5%, is the main tax applicable on the income of a Cyprus tax resident company. Additionally
- Foreign sourced dividends are exempt from tax
- Disposals of shares and other qualifying titles are exempt from tax (under certain conditions)
- No withholding taxes on payments from Cyprus
- Profits of a foreign Permanent Establishments (PE) are exempt from taxation in Cyprus
- IP tax regime at an effective tax rate of 2,5% or even lower
PHS & Partners Team of Experts Will Help You With:
- Identifying which is the best structure based on your business needs.
- Identifying which are the start-up issues that you need to be aware of.
- Assisting on how to comply with the local legislation.
- What you should be aware of and how to maintain all records required by authorities.
- Highlighting the deadlines for completion and filing of taxes.
- Meeting all deadlines.
Why PHS & Partners
- Quality of services that exceed your expectations
- Immediate response
- One stop shop
- Specialist team covering all aspects
- Your contact point is PHS & Partners
- We always be proactive
- Cost effective solutions
- No troubles – no headaches
