Private Corporate Company in Cyprus

Cyprus is an island, located in the Eastern Mediterranean Sea, with a population of 1.1 million. It became a member of the European Union in 2004 and its economy has experienced significant growth over the past few years. This jurisdiction is well known as one of the International Financial Centers of the EU and has the lowest corporate tax rate in Europe, at 12.5 %.

Cyprus jurisdiction has a strategic,geographic location, well-educated and experienced employees and an EU membership, all of which strengthen Cyprus’ position as an investment center of excellence. One of the most advantageous offshore company types in Cyprus is the Private Corporate Company.

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Cyprus offshore company for who and for what?

  • E-Commerce;
  • Consulting Services;
  • Receiving commissions;
  • Consultants / Counselors;
  • Holding intellectual property rights.

Why to choose PC in Cyprus?

  • Preferable company structure for holding company;
  • Strategically good location for international trade in Europe, Asia, and Africa;
  • Company law based on UK Common Low;
  • Developed infrastructure;
  • Well created network structure of double taxation treaties, which can be used by all Cyprus Companies, managed from it;
  • Excellent communication;
  • Possible to have a business bank account in any country in the world.

The main characteristics of Cyprus offshore company

General :
Type of entity Private corporate
Type of law Common
Shelf company availability Yes
Our time to establish a new company 5 days
Corporate Taxation 12.5%
Double taxation treaty access Yes
Official Currency Cyprus pound
Time zone Convenient world time zone : GMT+3
Official languages Greek and Turkish
Government Unitary presidential constitutional republic
Stability Stable jurisdiction with very good reputation
Share Capital or Equivalent :
Standard currency EUR
Permitted currencies Any
Minimum paid up 1 000 EUR
Usual authorised 5 000 EUR
Directors :
Minimum number One
Local required No, but advisable for purposes of tax residency
Publicly accessible records Yes
Location of meetings Anywhere
Shareholders :
Minimum number One
Publicly accessible records Yes
Location of meetings Anywhere
Company Secretary :
Required No
Local or qualified No, but Cyprus advisable for residency and compliance
Accounts :
Requirement to prepare Yes
Audit requirements Yes
Requirement to file accounts Yes
Publicly accessible accounts No
Other :
Requirement to file annual return Yes
Change in domicile permitted Yes

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World offshore services

  • Incorporation of company;
  • Management of the company;
  • Original company document providing;
  • Proffesional business bank account opening in 12 countries;
  • Proffesional secrecy and anonymity;
  • Virtual Office;
  • Professional nominee director and shareholder service;
  • Free advises for 1 year.

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