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taxcyp

Company Formation

Benefits of a Cyprus Company

Low Corporate Tax

Corporate income tax rate of 15% with significant exemptions available.

Corporate Tax Exemptions

IP income taxed as low as 3%. Notional interest deduction of up to 80% of taxable income.

Access to EU

Access to EU institutions, directives, and an extensive network of double tax treaties.

Holding Company

No withholding tax on dividends and other income. Tax-efficient transfer of profits from EU companies through EU directives.

Quick Setup

Incorporation time of up to 2-3 weeks.

Low Incorporation & Maintenance costs

Incorporation costs of €1,500. Low statutory audit and substance fees.

Corporate Structures

Private Limited Company

No minimum share capital threshold. At least one shareholder and director required.

Sole Proprietorship

Owned and operated by a single individual who assumes the business liabilities. No compliance requirements. 

Foreign Branch

Allows an existing foreign company to establish a presence in Cyprus without incorporating a separate legal entity. 

Partnerships

Suited for investment funds, joint ventures and businesses with multiple owners seeking a flexible and tax-transparent structure.

Benefits for International Structures

Business Facilitation Unit

A framework enabling foreign-owned Cyprus companies to employ highly skilled non-EU professionals through a fast-track immigration process.

EU Parent Subsidiary Directive

Enables qualifying dividend distributions between associated EU group companies without WHT by eliminating taxation at source.

EU Interest & Royalties Directive

Allows qualifying interest and royalty payments between associated EU companies to be made free from withholding taxes.

EU Single Market Access

Access to the EU Single Market of over 450 million consumers. Cyprus companies can establish subsidiaries across EU, provide cross-border services, recruit talent, and benefit from the free movement of goods.

Company Redomiciliation Regime

Allows  foreign companies to transfer their corporate seat to Cyprus and continue their legal existence without liquidation or re-incorporation. 

Double Tax Treaty Network

65+ tax treaties covering major jurisdictions across EU, UK, Middle East.

Incorporate a company
in Cyprus.