CYPRUS COMPANY FORMATION

Cyprus offshore Company Formation

If expanding an existing venture to another country is on your mind, Cyprus could be a good choice. A number of companies from the US and EU have already expanded operations in the country. Cyprus happens to be the third largest Island located in the Mediterranean region. However, you should not assess a country for business operation expansion based on its size alone. Cyprus does have many factors which may motivate you to spend in the country for venture expansion.

When you assess a country for business investment and expansion, the economy needs to be analyzed well. In this respect, Cyprus is a safe choice. The economic stability of Cyprus is something you cannot overlook. If you are looking for the right investment gateway to access the EU market, Cyprus fits in the bill really well.

Unless your venture is related to any kind of financial services, you should not have to face too many hassles in starting business in Cyprus. In other cases, you will not have to put up with restrictions like minimum investment amount and a local Cypriot partner. So, your Cyprus Company Formation dreams may be realized without facing too many hurdles.

A lot of companies expanding into Cyprus deal with niches like property investment, catering, leisure, hospitality, food and sports activity services etc. The communication means are adequate in Cyprus and the transportation system is top notch. Two international airports, extensive port facilities and good road network are ideal for business needs apart from traveling. Even the telecommunication setup is excellent which is required for expanding any business these days.

The legal norms prevalent in a country should be analyzed before you think of investing in it. Thankfully, the legal system in Cyprus is much like that of the UK. The legal system here is deemed as business-friendly and regulations are transparent.  The tax regime of Cyprus is also favorable for the majority of businesses. The corporate tax rate here is among the lower ones you get in the EU. This should also act as a reason to think of Cyprus Company Formation.

While Cyprus may have stable governance and economic situation for business expansion, you may still benefit from taking expert aid. You need an exert agency for handling legal norms and getting updates on tax related stuffs. BRIS group is your apt companion for such needs. Call us today for details on Cyprus business expansion.

Other benefits for company in Cyprus

• Cyprus is well regulated jurisdiction, and respected offshore banking center.
• Since 2004 Cyprus is a full member in the European Union
• Now Cyprus has stable economic performance
• Tax percentage is low –  12,5% on profits gained for individuals and companies
• Non-Cypriot residents shareholders do not pay tax dividends
• Double tax with 32 treaties