Establishing a Company in Cyprus

Set Up Your Company in Cyprus with Fox Realty

If you are interested in setting up a company in Cyprus, you've come to the right place. At Fox Realty, we provide comprehensive assistance for company formation in Cyprus, helping you navigate every step of the process from purchasing or renting a property to establishing your business presence in Limassol and Paphos.

Comprehensive Company Formation and Relocation Services

Upon renting or purchasing a property in Limassol or Paphos, we handle all procedures for your relocation to Cyprus, including assisting you with Cyprus company formation. With years of experience in forming companies for our clients, we offer packages that include all the necessary documentation to establish and start your business, as well as opening a bank account in Cyprus.

• Competitive Pricing and Multilingual Support: Our services are competitively priced, and our multilingual staff ensures full confidentiality and support from day one. Our team of experts is ready to assist you with all your business needs in Cyprus.

Why Choose Cyprus for Your Business?

Cyprus is one of the most attractive jurisdictions in Europe for setting up a limited liability company due to its advantageous tax system. As a full member of the EU since May 1, 2004, Cyprus offers one of the lowest corporate tax rates in Europe at just 12.5%.

• Tax Advantages: Cyprus provides a highly favorable tax environment, ideal for holding assets in Europe. Key benefits include a full exemption from tax on dividend income, no withholding tax for dividends paid to non-residents, and no capital gains tax.
• Compliance and Security: The Cyprus tax system complies with EU and OECD requirements, making it a secure choice for lowering your tax burden without risk. Cyprus is a well-established international financial center with a wide network of Double Tax Treaties, excellent legal infrastructure, and numerous other advantages.

Key Features of a Cyprus Company

• Legal Structure: A Cyprus company is a separate legal entity that can sue or be sued in its own name. It typically takes the form of a private limited liability company by shares.
• Flexible Shareholding: The company must have a registered address in Cyprus, with one to fifty shareholders, who can be either Cypriot or foreign natural or legal persons. There is no minimum authorized share capital, though it is usually set at €1,000.
• Management and Taxation: Companies managed and controlled within Cyprus benefit from a 10% corporate tax rate on profits and can leverage Cyprus's extensive Double Tax Treaty network. If management and control are outside Cyprus, the company may not be subject to Cypriot taxation.
• Confidentiality and Anonymity: Anonymity can be secured through nominee shareholders or directors, maintaining privacy for the beneficial owners.

Advantages of a Cyprus Company

• Tax-Free Gains: Gains from buying and selling shares or securities are tax-exempt. There is no capital gains tax on profits from asset disposals, except for immovable property in Cyprus.
• Dividend Exemptions: Dividends received from abroad are fully exempt from income tax, and dividends paid to non-resident shareholders are not subject to withholding taxes.
• Global Reach: Employees from EU member states do not require a work permit, and there are no exchange control restrictions on companies and their employees regarding bank accounts.
• Cost-Effective Operations: Cyprus offers relatively low operational costs and is easily accessible by sea and air.
• Comprehensive Double Tax Treaties: Cyprus has a network of Double Tax Treaties, offering reduced withholding tax rates on dividends, interest, and royalties.

Partner with Fox Realty for Your Business Success

At Fox Realty, we collaborate with prestigious law offices and provide a wide range of professional services tailored to your needs. Whether you need audit services or assistance with company formation, our associated firms are here to support you.

Contact us today to learn more about how we can assist you in setting up your company in Cyprus and make your relocation to Limassol or Paphos a seamless experience. Our expert team is ready to help you leverage the benefits of Cyprus's favorable business environment and achieve your international business goals.