CYPRUS: The stable attractor of foreign investment with the lowest tax rates in the European Union

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CYPRUS - A pole of attraction for foreign investment

Cyprus, known as "the jewel of the Mediterranean" and the legendary birthplace of Aphrodite, the ancient goddess of love and beauty, certainly lives up to the specific standards of its divine protector.

Despite the serious problems it faced some decades ago, which led to its partition, Greek Cypriots have managed to recover and over the last 40 years have managed to turn their country into a stable attraction for the business world, presenting a number of insurance, legal and tax advantages. Cyprus has been a Member State of the European Union since 2004, with a secure banking system that is friendly to capital movements, it is a very attractive destination for foreign investment. Moreover, the constantly developing infrastructure system, the highly educated professional staff and the absence of bureaucratic obstacles in the process of establishing a company in Cyprus make it ideal for any business activity.

Cyprus has a modern, free market, service-based economy that gives international investors and domestic businesses the confidence to invest, grow and prosper. The tertiary services sector is considered the backbone of Cyprus' economy and with a high per capita income, the consumer market is particularly strong.

 

How can you acquire a company in Cyprus?

The process of incorporating a company (or transferring its registered office) in Cyprus is a short and highly motivated process. With your business and development interests in mind, the EPIDOSIS, after conducting an extensive analysis of your actual needs, will recommend the appropriate tax planning strategy.

Starting a business in Cyprus is beneficial for your international business and tax planning, one of the most important benefits is its financial stability.

At the same time, the EPIDOSIS can provide tailored advice for companies already operating in Cyprus or having a branch in the country.

All of the above, combined with the country's global profile as well as the additional incentives for any foreign company to proceed with establishing a company in Cyprus, have determined a climate of positivity and continuous development, which allows flexibility in the management of businesses at low costs accounting monitoring.

 

Why choose EPIDOSIS

For your business venture to be successful and safe, the right plan and best practices must be implemented. The comprehensive tax planning that we offer, due to our long experience and involvement with the Cyprus tax system, allows us to propose unique solutions that fully meet each case - yours. With high training, deep knowledge and confidentiality we will meet your every business need both in Greece and Cyprus.

  • Establishment – ​​Incorporation of a Company in Cyprus

Registering a company in Cyprus is an extremely simple process and is completed without the expedited procedure within one week or with the expedited procedure within 3-4 working days. At the same time, Cyprus legislation allows for the transfer of domicile from third countries, giving companies the right to become tax residents and gaining significant competitive advantages.

  • Ready Made Companies (RMC) in Cyprus

Do you know that you can obtain a legal company in Cyprus, fully integrated into the European VIES system and all the necessary certificates? Within 10 days, we undertake the processing of all procedures and the transfer of the corporate share so that the company can carry out any commercial activity.

  • Foreign branch based in Cyprus

What specific business strategy allows you to enjoy the favourable tax provisions of Cyprus without interrupting your activity in Greece at all? Establishing a foreign branch in Greece and transferring your headquarters to Cyprus will provide your company with a significant competitive advantage over other domestic companies.

 

EPIDOSIS: Integrated Tax and Accounting Support Services

The company EPIDOSIS provides comprehensive tax and accounting support and tax planning services for the business you intend to establish or have already established in Poland.

  • Accounting support from our experienced staff.
  • Personalized Tax Planning based on the combined tax legislation of Greece and Cyprus.
  • Keeping and monitoring the accounting books of your company.
  • Education - training of your executives for the correct issue of invoices - documents issued by your company.
  • Submission of all tax returns to the competent financial department.
  • Payment through the banking system of all taxes that will arise during the financial year.
  • Decision making from Cyprus and not from Greece, as that is where the meeting place of the Board of Directors is located.
  • Financial data of the company (turnover, profits, bank transfer payments) so that you can prove that your company is active and not inactive.

We are EPIDOSIS

We believe that every professional should develop their business without barriers and obstacles. To be able, unaffected by tax, accounting and legal issues, to create a functional, profitable and continuously evolving company. In addition, with a huge range of core and complementary services, he is able to embrace every aspect of your business and steadily take it to the top. Our company's mission is to assist in every key aspect of the company so that every entrepreneur can invest their time and focus on making strategic decisions that will yield profit and growth.

We are at your disposal for a free appointment at our offices in Thessaloniki and Athens or remotely to talk about your business plan and how we can contribute to your professional success with definite steps and absolute expertise.

Contact today directly with the experienced team of EPIDOSIS at 2310 477725 or fill in the contact form HERE.

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