Company management in Cyprus? - Do not hesitate to contact us and let us help you

Entrepreneurs have been getting more interested in establishing companies abroad in the last years. Setting up business in Cyprus can be attractive even for small- and medium-sized enterprises as well. However, the expert help is always worth it.

Cyprus government aims at making the country favourable for foreign investors, mainly in the service sector. Although founding and sustaining a company in Cyprus is not inexpensive, it may be an attractive opportunity for businesses due to the more developed services – such as the international bank sector.

Our advisors believe that it shall be essential for entrepreneurs and investors to get a whole picture of processes and available alternatives.

Some vital points of interest about Cyprus

• particularly favourable taxation
• widespread bank system and administrative services
• EU member state
• no minimum share capital

What will you need to establish and sustain a Cyprus company

• tax planning and consultation before setting up the company
• VAT returns (concerning intra-community transactions)
• bookkeeping, audit and management services
• Hungarian and foreign legal services; cooperation with attorneys at law
• opening a bank account, private services
• a local, registered company seat
• submitting the obligatory financial statement
• having the obligatory financial statement audited
• submitting the obligatory annual tax return

Most frequent mistakes and problems

• missing documents
• establishing a company with improper parameters, therefore, opening a bank account becomes difficult or even impossible
• taxation regulations are not considered
• offshore status owing to the inappropriate management

The objective of our homepage is to collect all the opportunities that can be taken by Cyprus companies and to show the to-dos about registering and managing a business in Cyprus.

Should you need any further information or help concerning business activities in Cyprus, please, feel free to contact us.

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