Cyprus Company Registration
Registering a company in Cyprus offers numerous advantages, making it an ideal choice for international businesses:
- Competitive Corporate Tax Rate:
- Cyprus offers one of the lowest corporate tax rates in Europe at 12.5%
- The Intellectual Property (IP) Box regime in Cyprus can reduce the tax rate on qualifying IP income as low as 2.5%.
- Cyprus has established double taxation treaties with over 60 countries, minimizing the risk of double taxation and facilitating international trade and investment.
- Business-Friendly Environment:
- Cyprus boasts a stable economy, a skilled workforce, and a robust legal system, all of which contribute to a favorable business environment.
- Membership in the European Union and the Commonwealth provides businesses with access to extensive markets and potential preferential trade terms with other member states.
- Efficient Company Formation:
- The process of registering a company in Cyprus is straightforward and typically takes around 7-10 working days.
- Low Registration Fees and Minimal Bureaucracy.
- Access to EU Markets:
- Cyprus’ membership in the EU grants businesses access to a market of over 500 million consumers, offering substantial opportunities for expansion and trade within the European Union.
- Foreigners can easily apply for a work visa in Cyprus
- Foreigners may obtain a work visa through company sponsorship
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