These days, many countries have welcomed foreign investors to invest in their land. These countries have found foreign investment profitable for economic growth. Gone are the days when only powerful and progressed countries are targeted for offshore investment. Today, the time has changed drastically. Foreign investors who wish to have smooth business progress are planning to invest in countries where competition in business is not so tough. Cyprus has developed into a favorite foreign land for investment in foreign occupation. The independent democratic republic that has impressive GDP growth. It has political stability. The unemployment rate of the island country is low. The economic growth is depended on commercial and tourism.
There have been 50,000 offshore companies registered with Cyprus since 1975. It is a signal of sound investment strategies. The island gives equal importance to domestic and offshore companies, they are lavished with 10% equal tax. Cyprus has double-tax treaties with 13 countries. Therefore, Cyprus has appeared as a powerful nation for foreign investment plan. English is spoken widely and European-business standard can be noticed in Cyprus.
Types of Companies
Cyprus offers to form private limited companies, partnership, sole proprietary and trusts. The county is well known for establishing a private limited entity. It is advised to read the rules and regulations of business establishment and then go for offshore investment in Cyprus.
Company Formation Agencies
A private limited company formation is lengthy. It may take quality time. It is good to take help from an expertise like foreign company formation agencies. These agencies will help you a lot to form your choice business in a short period of time. Establishing a private limited company in Cyprus is required to form 2 name of the company. Complete personal details of shareholders are required and details of the company director. It is necessary to appoint 2 directors for a private limited firm in Cyprus. The number of debenture holders should not be more than 50. It is required to file accounts with its annual return.
To understand each and every rule of company formation and to avoid any mistake in company formation in Cyprus, it is important to get business consultancy from a company formation agency. These agencies will provide head to toe company formation guide. It offers you to setup your societe offshore without any difficulty.Work progress takes place smoothly and the dream of offshore corporation can be live with the help of these agencies.
There have been 50,000 offshore companies registered with Cyprus since 1975. It is a signal of sound investment strategies. The island gives equal importance to domestic and offshore companies, they are lavished with 10% equal tax. Cyprus has double-tax treaties with 13 countries. Therefore, Cyprus has appeared as a powerful nation for foreign investment plan. English is spoken widely and European-business standard can be noticed in Cyprus.
Types of Companies
Cyprus offers to form private limited companies, partnership, sole proprietary and trusts. The county is well known for establishing a private limited entity. It is advised to read the rules and regulations of business establishment and then go for offshore investment in Cyprus.
Company Formation Agencies
A private limited company formation is lengthy. It may take quality time. It is good to take help from an expertise like foreign company formation agencies. These agencies will help you a lot to form your choice business in a short period of time. Establishing a private limited company in Cyprus is required to form 2 name of the company. Complete personal details of shareholders are required and details of the company director. It is necessary to appoint 2 directors for a private limited firm in Cyprus. The number of debenture holders should not be more than 50. It is required to file accounts with its annual return.
To understand each and every rule of company formation and to avoid any mistake in company formation in Cyprus, it is important to get business consultancy from a company formation agency. These agencies will provide head to toe company formation guide. It offers you to setup your societe offshore without any difficulty.Work progress takes place smoothly and the dream of offshore corporation can be live with the help of these agencies.
