Cyprus Company Incorporation

Set up your company in Cyprus without a physical presence in 3 business days

Enjoy Tax Savings with Cyprus company incorporation

Why spend hundreds of thousands or more in taxation? Register a company in Cyprus with company law experts for competitive fees and get instant legal advice and support whenever required.

Have a reputable law firm by your side when setting up your company in Cyprus. Avoid wrong advice, bad set-up and mistakes that cost thousands.

1 Corporate tax and the Cyprus IP Box

Cyprus presents an attractive tax setting for entrepreneurs and companies alike. With a minimal corporate tax rate of just 12.5% (a special rate of 2.5% for tech firms), among the lowest in Europe, it’s a smart choice.

Furthermore, Cyprus offers a 0% capital gains tax (excluding real estate) and 0% dividends tax for non-domiciled tax residents, making Cyprus an excellent destination for selling startup shares or software assets, letting you maximize your profits.

2 Company Incorporation, administration & registered office

Register your Cyprus company in just 3 working days by selecting a pre-approved company name from the Cyprus Companies Registrar. Or opt for a ready-made (off-the-shelf) company and get started on the same day.

We handle all your administrative requirements, including legal, regulatory, and accounting needs. Plus, we provide nominee director(s) and shareholders, a secretary, and a registered office in Cyprus.

3 Company substance, work permits, tax and bank account opening

With one dedicated contact, let us guide you on company substance, Tax and VAT registration, bank account opening, employment issues, work permits, and immigration permits, ensuring a hassle-free Cyprus company setup.

Gain peace of mind with a top-tier law firm supporting your setup journey. Whether it’s reviewing agreements or your group structure, coordinating with your international tax consultants, or addressing tax inquiries, we’re here to assist you every step of the way.

4 Tax residency – Non-Domiciled tax residents in Cyprus

For people moving to Cyprus, becoming a non-domiciled tax resident in Cyprus means that their dividends will not be taxed as Cyprus doesn’t tax dividends.

The only charge will be the payment of the General Health Insurance contributions (2.65% on a maximum of EUR180.000 = EUR4.770).

Thus, enjoy the confidence of having a leading law firm by your side throughout your set-up.

Become a non-domiciled tax resident in Cyprus quickly and stress-free

We help people moving to Cyprus become non-domiciled tax residents in Cyprus quickly and stress-free.

If you would like some help with Cyprus Company Incorporation, taxes or non-domiciled tax residency in Cyprus, contact us for a free consultation.

International Trusts

Get enhanced asset protection with Cyprus International Trusts

If you would like some help with setting up or reviewing your Cyprus International trust then contact us for a free initial consultation.

Create a proper Cyprus International Trust with the highest level of asset protection to protect your wealth and pass it on to the people you want

Receive guidance on Cyprus International Trusts or review your existing arrangements, understand the risks and what is the best way to achieve your aims

Enjoy comprehensive trust services in, including executing changes, serving as trustees, handling registrations, and drafting protective documents

What our clients say about us

The team is always extremely helpful, responsive, and is happy to provide ongoing support with all possible questions and issues that might arise. They really give the feeling of caring about the clients and their interests, and I would highly recommend them for any legal support you might need in Cyprus.

MICHAEL BEKOVICH
– Data Analyst

I would like to express my sincere and heartfelt appreciation and gratitude for your highly professional and competent services at Polycarpos, provided in both a friendly and accessible manner. Penny took our complex case on board and made the impossible possible for us.

SINEAD LEAHY
– Informational Architect

Professional team dealing with every legal aspect of relocation to Cyprus: Immigration registration, Company setup, Bank account opening, Company financial reports, Etc. I used many of their services. Responses are fast, accurate and clear.

DAVID LEVY
– Company Director

Corporate Tax Cyprus

Tax Residency for Individuals and Non-Domiciled Status

A Cyprus tax resident is taxed on income accruing or arising from sources both within and outside the Republic of Cyprus, whereas a non-Tax resident of Cyprus is only taxed on income accruing or arising from sources within the Republic.

Cyprus Tax Regime

Gain Valuable Insights on Cyprus Tax Regime

Cyprus has one of the most attractive tax regimes in Europe with taxation highlights of 12.5% corporate tax or 2.5% for qualified Intellectual Property profits.

This guide provides general information on the personal and corporate taxation in Cyprus.

Alternative Investment Funds Cyprus

Alternative Investment Funds in Cyprus

Alternative Investment Funds (“AIF”) are entities that collects funds from investors for their investment and is regulated by the law.

Typically, the entity is a company of fixed or variable capital with specified purposes, but may also be a limited partnership.

Curious about Cyprus Company Incorporation?

Untitled Design 61 Cyprus

About the Firm

Gregoris Philippou

Gregoris Philippou

PARTNER

Eleni Philippou

Eleni Philippou

PARTNER

Ioannis Pitsillos

Ioannis Pitsillos

SENIOR ASSOCIATE

Sergios Charalambous

Sergios Charalambous

ASSOCIATE

Cleo Antionadou

Cleo Antionadou

CORPORATE ADMIN

Despina Charalambous

Despina Charalambous

TRAINEE LAWYER

Stelios Filippou

Stelios Filippou

ACCOUNTS

Alaa Chehade

Alaa Chehade

ADMINISTRATION

Nikoleta Spyrou

Nikoleta Spyrou

ACCOUNTS

Frequently Asked Questions

– As an individual
– Through a company
– Through a trust
– Through a limited or unlimited partnership
– A combination of all of the above

There is no generally accepted definition of a joint venture in the law. A joint venture is a term describing a relationship between two or more parties who invest together in a business endeavor. The joint venture can take various forms, the most common of which are the following:

– A partnership joint venture
This has the advantage that there is certainty on provisions of partnership law, and in limited liability partnership joint ventures, the partners can have an unlimited liability partner while the others have limited liability. The disadvantages of this are tax, difficulty in organizing an exit strategy and difficulties in raising finance.

– A corporate joint venture
In a corporate joint venture, the parties form a new company to conduct the business. They enter in a shareholders’ agreement and may modify or use modified articles of association (the company’s constitutional document) to reflect their agreement. The advantages of a corporate joint venture are a certainty, limited liability, tax, and versatility (e.g. by using different classes of shares). The disadvantages are the formal requirements (some of them being rigid) and the statutory obligations for filing annual reports, audited accounts, paying the annual companies registrar levy.

Yes, Cyprus has an extensive network of treaties on the avoidance of double taxation.

This depends on your goals. A Cyprus International Trust is typically used in estate and international tax planning and asset protection. A company is typically used to conduct business or to accumulate the dividends from businesses abroad. Sometimes both may be used.

A shareholders’ agreement will regulate the relationship between the shareholders. It may provide for different rules than the default rules in the law, such as both shareholders approving significant transactions, each shareholder having the right to appoint a director on the board. On many occasions the articles of association of the company may also have to change but this depends on each specific case.

Yes, you can do this. Contact us for more information.

Banks need to establish the personal and economic profile of the beneficiary of a company or the person opening a personal account or being the beneficiary of a client’s account. They need to consider the information to verify that the money being brought to Cyprus does not derive from illegal activities. For more information, you can request to send you our banking guide.

Yes, we can offer, or recommend a third party if you would prefer, to offer accounting and VAT services and direct you to independent professionals for the accounting and auditing services required.

REACH OUT TO US FOR A FREE CONSULTATION

Contact us today for expert advice on residency, property purchase, and business setup in Cyprus.

+357 26 822 122 [email protected]