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Cyprus, officially the Republic of Cyprus, is an island country in the Eastern Mediterranean Sea. Cyprus is the third largest and third most populous island in the Mediterranean, and a member state of the European Union. It is located south of Turkey, west of Syria and Lebanon, northwest of Israel, north of Egypt and east of Greece. For more information on the jurisdiction visit RESOURCES.
Cyprus offshore company is commonly used for international trading and holding activities but is suitable for any other unregulated type of activity. Legal structure is Private Limited Liability Company. For Corporate & Tax Law visit RESOURCES.
| Foreign Income Taxation – 12,5% (NIL on Holding Activity) |
Public Register of Shareholders – YES | |
| Minimum Amount of Share Capital – EUR 2,000.00 | Beneficial Owner Records – Kept with Registered Agent | |
| Tax Treaties – YES, visit RESOURCES. |
Bearer Shares Holder Records – n/a | |
| Delivery Time Frame – 20 working days |
Disclosure of Beneficial Owners – Court Decision | |
| Min № of Directors – 1 | Beneficial Owner Declaration – Required | |
| Local Director – Not required, but recommended |
Documents Kept at Business Address – No special requirements | |
| Local Secretary – Not required, but recommended |
Annual Filing of Accounts Requirement – YES | |
| Corporate Directors – Allowed | Preparing of Accounts Requirement – YES |
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| Corporate Shareholders – Allowed | Annual Audited Accounts Requirement – YES |
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| Bearer Share – NO | Due Diligence Requirements: visit RESOURCES. | |
| Min № of Shareholders – 1 | FATF Black List - Not Listed |
INITIAL SET
INITIAL SET
- Company Registration Services
- Registered address for one year
- Annual Fixed Charge (State Fee) for current year
- Company Documentation Basic Set legalised with Apostille
First Year: EUR 2,550.00 *
Second and Subsequent Years: EUR 1,250.00 **
*Cyprus Annual fixed charge of EUR 350 for first year included.
**Cyprus Annual fixed charge of EUR 350 for second and subsequent years not included.
SAVA Management Ltd