doing business from Cyprus

Since 2002, Cyprus has adjusted gradually the entirety of its corporate legislation in a way that make the island one of the most tax- competitive jurisdictions in EU, with a strong legal framework based on the english tradition of equity and common law, while its banking sector has demonstrated incredible sturdiness and ability to adapt to international shocks suffered and continues to enjoy the confidence of both investors and entrepreneurs.
Cyprus Q&A
  • Cyprus income tax rate is just 12,5% and VAT at 19%
  • tax system is simple, english language and IFRS are widely emploied.
  • main shareholder or any shareholder can remain anonymous to the public by establishing a trust and/ or a holding company served by an offshore SPV.
  • Cyprus has concluded double tax treaties with almost 50 countries, whilst a further 40 are currently being negotiated. Most of these tax treaties with Cyprus follow the OECD Model Convention, although the US-Cyprus tax treaty follows the most recent model of United States Agreements.
  • Cyprus has tax-sparing provision with 15 countries and it has signed agreements on the promotion and protection of investments with over 20 other countries. In addition, the Cyprus Securities and Exchange Commission has signed a multilateral Memorandum of Understanding with the regulatory authorities of the European Community Member States through the Committee of the European Securities Regulators.
  • tax authorities accept offshore companies' invoices and payments.
  • companies registered in Cyprus are not offshore companies.
  • full integration of the acquis communautaire 
  • simple and low-budget company registration and administration
  • manage your company's business ventures from your personal computer









10 answers to common questions regarding the advantages of Cyprus-registered company