Cyprus – A Sound Choice in a Changing World
The international business world is constantly changing. Different countries have a wealth of differing qualities with regards to company formation within that jurisdiction. Looking more deeply into it, to make a wise decision for your own investments, you’ll discover the complexities of it all. It’s so important to discover the advantages that can be gained by forming your company overseas, and choose an option that makes the best financial sense for your business, as well as being a safe bet.
Have you considered Cyprus company formation?
Cyprus company formation is perhaps one of the best options for any overseas investor as there are many advantages, and the economic and political state of the island is now very stable, giving you peace of mind for your investments.
Fantastic tax benefits
Monetary benefits are likely to be a high driving factor when it comes to choosing a location for your company, and so you’ll be very impressed to hear that Cyprus has one of the lowest rates of corporation tax in all of the EU. Profits generated within Cyprus are taxed at just 12.5% and any profits created outside of Cyprus are not subject to Cyprus corporation tax at all. Another interesting financial benefit that could be very appealing to you, is that there is no tax to pay on dividends paid to shareholders nor on any dividends received from subsidiaries. Cyprus also benefits from double tax treaties with more than 60 countries.
Quick and easy company formation
It’s surprisingly simple to form a company in Cyprus. Cyprus company formation can be completed in just a few days, and a company can be incorporated with 100% foreign ownership. There is no requirement to visit Cyprus in order to set up your company, however, should you prefer to visit in person then you’ll find Cyprus highly accessible with great transport links, plenty of high quality accommodation and of course it’s a very pleasant place to visit. Should you wish to close your company in the future, you’ll also find the closure procedures very straightforward, and again, there’s no need to be present in Cyprus for this process to be completed.
It could be the first step to a new life
Cyprus company formation also comes with a rather unique benefit that could be literally life changing. Incorporation of a company in Cyprus comes with the rights to a long stay visa and work permit, so you and your family could live and work on the island. After 7 years, you would then be able to apply for a Cyprus passport and become a EU citizen. Cyprus has so much to offer, it isn’t surprising that many people do choose to relocate here to make the most of this beautiful island and the fantastic climate.
Get in touch to discover more benefits
These are just some of the benefits you could take advantage of if you were to form a company in Cyprus. To find out about more ways in which Cyprus company formation could help your business, please do visit our website or get in touch for more information.