The low taxation of the profits of Cyprus companies and the Bank accounts non-disclosure law, has made Cyprus companies very attractive to many businesses from abroad Currently there are over 500,000 registered companies in Cyprus, many (70%) from clients abroad.
Clients may divert part or all of their international income to their Cyprus company or provide services to their companies abroad from their Cyprus companies. Additionally, with proper tax planning they can pay low local taxation.
With a local bank account, clients may control their money with internet banking and spend it or withdraw it anywhere abroad.
Company registration (includes the following)
Company annual fees
Office & other services provided
Tax advantages
Other Advantages
© 2024 DPCA | All Rights Reserved