Cyprus Company Formation
Why register a Cyprus Company
Better tax planning is one of many reasons why people have chosen Cyprus for the purpose of establishing an International Business Company. Cyprus offers great tax incentives due to its favorable tax regime and its wide network of double tax treaties. Along with many other benefits, it makes Cyprus a desirable international business center.
Many of the well-known offshore tax jurisdictions impose low or nil income tax on the company profits. However the problem with those jurisdictions is that they do not have double tax treaties
Why Choose a Cyprus Company?
Other jurisdictions can provide the same services up to a certain extent; however, Cyprus companies combine all the above services, making them most efficient in the EU for solving corporate issues.
How are Cyprus companies used as an instrument for conducting international business?
Over the past 20-30 years there have been noticeable changes when it comes to international business. Companies nowadays are mostly used for tax planning, however, the more flexible and universal they are, the greater the benefits received by the owner of the company. When choosing a country of registration and the type of company, it is important to consider the following parameters:
Managing the company carefully will not only allow minimized expenses and taxes, but will also aid in the protection of the company’s assets.
When creating a structure for a new project and before registering the company, we always advise our clients to carefully analyze the following information, which will define the cycle of work of the company:
With any issues regarding the above, we advise our clients to contact our team of professionals. This will help with the prevention of any potential misunderstandings and allows us to evaluate the project’s tax burden.
Most used Cyprus Companies types
Cyprus Investment Firm
A Cyprus Investment Firm (CIF) provides a license that enables you to conduct financial services including brokerage and portfolio management. A major advantage of operating a CIF is that there is no tax on the income that is generated from financial instrument transactions.
Alternative Investment Funds
Alternative Investment Funds (AIFs) are one of the up and coming sectors within the Cyprus financial services industry. The tax and regulatory synergies are now in place to attract not only the funds themselves but also fund managers and fund investors.
Alternative Investment Fund Managers
Cyprus AIFM is a great platform for cross border placement of Alternative Investment Funds (AIFs) to professional investors in the EU. Once authorized in Cyprus, an AIFM is granted rights to the European “passport” allowing them to offer their services and market their AIFs cross border.