Offshore Company, Company formation, off-shore companies in Cyprus

 
SET UP AN OFFSHORE COMPANY IN CYPRUS

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About Cyprus


Cyprus is an independent sovereign republic situated in the north - eastern basin of the Mediterranean sea.

It is the third largest island in the Mediterranean after Sicily and Sardenia. Through the ages the island was occupied by many different races the main ones being the Egyptians, Romans, Byzantines, Francs, Venetians, Turks and British.
Even though each one of these races left its mark on the island it was the Greeks, whose original settlement dates back to 1300 B C, who had a lasting influence on the language, culture and religion in the island.


Its strategic location at the crossroads of Europe, Asia and Africa have made Cyprus and international commercial center. In addition to this traditional trade, its constitutional and legal framework as an independent jurisdiction has enabled Cyprus to become an important offshore financial center. All this has produced a thriving business community well served by an established banking and professional infrastructure.

Some unique benefits a that Cyprus offshore company offers to businessmen are:

Free movements of profits derived from operation on non resident investments

No withholding tax is payable on dividends, interest and royalty payments

Full capital gains tax exemption is given on capital gains.

Salaries of foreign employees of offshore entities employed outside Cyprus are completely tax exempt

Cyprus is a major offshore business center with thousands of offshore companies, firms incorporated annually.

Cypriot offshore companies advantages

There is only 10% tax on declared corporate profit in Cyprus.

Dividends to shareholders are tax free.

Double tax treaties have been concluded between Cyprus and 38 countries,
Russia, Ukraine including. Click here to see all countries.

Offshore companies situated in Cyprus may purchase various items for their own needs duty free.

The owner of a Cypriot offshore company may remain anonymous using our nominee services.

OFFSHORE COMPANY INCORPORATION can be done online 24 hours a day!

Offshore company formation services brought to you by JHI, Constantinou & Kyriacou