Business setup in Cyprus
Cyprus is an attractive destination for entrepreneurs looking to establish a strong presence in the Eastern Mediterranean region. With its strategic location and favorable economic conditions, Cyprus presents numerous prospects for businesses of various sizes. This valuable opportunity in the Eastern Mediterranean region is ideal for those interested in starting a small, medium, or large-scale business venture.
Benefits of business setup in Cyprus
Cyprus offers numerous appealing benefits that distinguish it from other Eastern Mediterranean countries as a top choice for corporate location. Some of the key advantages include:
Business landscape
Cyprus offers a welcoming environment for businesses with prospects in finance, shipping, and real estate. Its advantageous position at the intersection of Europe, Asia, and Africa, along with its beneficial tax system and qualified labor pool, makes Cyprus a perfect choice for companies aiming to grow their global presence.
Taxes
Cyprus has a corporate income tax rate of 12.5%, which is known for being favorable with various exemptions and deductions. The country is a popular destination for international business activities and holding companies.
Banking
Cyprus has a strategic position for global commerce and a carefully regulated banking industry that draw investors seeking opportunities for offshore banking, investment, and financial services in a safe and favorable setting.
Our business setup solutions
We offer a wide variety of services to help you establish your business in Cyprus.
Bookkeeping
Our accounting services are reliable and transparent, designed to meet your specific needs, from recording daily transactions to preparing financial statements.
Bank account opening
Our team guides you through the necessary criteria and helps you choose a financial institution that aligns with your company's objectives.
Taxation and compliance
The tax professionals possess a thorough understanding of tax legislation and are able to offer thoughtful tax planning and compliance assistance. We guarantee that your company fulfills its tax responsibilities while enhancing your tax situation to reduce financial burdens.
Document drafting
We provide extensive assistance to fulfill your legal needs, ranging from creating legal documents like articles of association and shareholder agreements to registering your company's address.
Company registration
Our team of professionals will assist you with registering your company in Cyprus. We take care of all the required documentation and communicate with the appropriate authorities to guarantee a seamless and effective registration. Whether you are launching a new enterprise or growing your current business, we offer personalized support to simplify the registration process and quickly establish your company. From selecting the appropriate business structure to securing essential permits and licenses, we are dedicated to guiding you through the intricacies of company registration effortlessly.
Business license applications
We are able to take care of the entire process for you, making sure to obtain all required permits and licenses promptly and in accordance with local laws.
Business opportunities in Cyprus
Cyprus provides a diverse array of business possibilities within different sectors. Some of the primary industries that are successful in the country are:
Tourism and travel
Cyprus is a well-liked spot for tourists because of its stunning beaches, extensive history, and lively culture. The tourism sector in the country includes services in hospitality, leisure, and travel, playing a major role in its economy.
Shipping
Cyprus has a rich maritime heritage and boasts one of the world's biggest ship registries. Its shipping sector provides various services such as ship management, maritime logistics, and maritime law.
Financial services
Cyprus is a prominent financial hub in the Mediterranean area, providing various financial services such as banking, insurance, and investment management. The country's advantageous tax system and regulatory climate are appealing to global corporations and wealthy individuals.
Information technology
Cyprus is becoming a center for information technology and innovation, with a rising community of tech startups, research institutions, and IT services providers. The nation's advantageous location, knowledgeable workforce, and encouraging government policies all contribute to promoting entrepreneurship and technological advancement.
Setting up a new business
Establishing a new business in a foreign market such as Cyprus can be both thrilling and overwhelming. Nevertheless, with appropriate assistance and backing, the process of setting up a new business can be made smoother.
We understand the difficulties that arise when beginning a new business, and we are here to support you throughout the entire process. Whether you are an experienced business owner or starting your first venture, our team of professionals is committed to offering customized solutions to address your individual requirements.
Establishing a small business
Our dedicated group of experts is available to assist you with various legal and administrative tasks, including compliance, taxes, and registering your company. We understand the challenges that small businesses face and can provide tailored solutions to help you establish a strong foundation for growth in the future.
Medium-sized business setup
We provide a range of services including setting up a company, handling accounting processes, and offering tax advice to ensure that you meet all local regulations. Our assistance allows you to simplify your daily tasks and concentrate on expanding your business, while we handle the administrative tasks.
Large business setup
The team of seasoned experts offers comprehensive assistance, starting from setting up a company and registering a legal address, to creating a strategic tax plan and establishing corporate banking. We recognize the specific requirements of bigger businesses and can provide customized answers to help you enter and expand in the market.
Contact us
We provide the assistance and guidance needed to effectively overcome the obstacles of initiating and growing your business in Cyprus through our wide variety of corporate setup services. Contact us now to schedule a consultation and learn more about how we can assist you in achieving your corporate goals.
Ready for the next step
Accelerate your business growth while we take care of everything else.