Company Registration in Cyprus: Discover the Advantages

Cyprus is one of the most attractive destinations for company formation, both for entrepreneurs from the EU and third countries. Its legal, tax, and administrative frameworks offer significant advantages that support business growth and international expansion.

🔹 Low Corporate Tax Rate
Cyprus offers one of the lowest corporate tax rates in the EU, at just 12.5%, making it highly competitive for investment.

🔹 Double Taxation Avoidance
With 62 double taxation treaties in place, Cypriot companies are protected from being taxed in more than one country for the same income.

🔹 Tax Incentives
Cypriot legislation allows for up to 80% tax exemptions on income from Intellectual Property, and offers significant benefits for holding, shipping, and financing companies.

🔹 Simple Procedures and Easy Compliance
Registration with the Tax Department must be completed within 60 days of the company’s incorporation. VAT registration is only required when the annual turnover exceeds €15,600, simplifying the operation of new businesses.