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Substance of the Cypriot company

Conditions for ensuring tax residency of the company in Cyprus and importance of management and control of the company.

According to the Cyprus Legislation a company is considered a Cyprus Tax Resident when the control and management take place in Cyprus i.e. the following conditions must be met:

  • The majority of the Directors are Cyprus residents.
  • The Board of Directors of the Company meets in Cyprus.
  • The Company’s strategies and day-to-day decisions take place in Cyprus.
  • Physical and substantial presence of the Company in Cyprus with offices and staff

All of the above points are necessary for the existence of control and management of the Company.

Why Epidosis?

Great experience since 1986

We have the necessary experience to organize and implement your business idea.

360° Services

We offer complete solutions, from the establishment of a company to its legal representation.

Personalised Tax Planning

We tailor our tax planning to your specific needs in order to achieve the right result.

High Specialization

Our considerable experience in setting up a company abroad is our passport to ensuring that your new venture is a complete success.