Localit Consulting undertakes the entire process of establishing a company in Cyprus, with full coverage of all procedural, tax, and other bureaucratic matters, without the mandatory transfer of natural persons to the Republic of Cyprus.
Cyprus’s internationally recognized status, with the significant advantages it offers, has attracted thousands of companies from all over the world.
ADVANTAGES OF ESTABLISHING A CYPRIOT COMPANY
Main privileges of a Cypriot Company:
- Income tax of 12.5% on the company’s profits
- 0% tax on dividends
- No social security contributions for shareholders
- Full coverage of activities and safeguarding of the assets of the company’s real owner
- No restriction on the import and export of foreign currency
- No payment of share transfer taxes and no withholding tax on dividends
- Profits from the disposal of real estate, except for that located in Cyprus, are not subject to capital gains tax
- Low cost of establishing and operating the company
- Banking secrecy in banking transactions and a secure banking system
- Use of Greek and English languages
- Modern legal framework based on the English model (Common Law)
Our services are always provided within the framework of legality and confidentiality, with responsibility and respect for commercial law and European tax legislation.
Our company will guide you through every aspect of the process of establishing your company in Cyprus and will make it as simple and cost-effective as possible.
Our services are always provided within the framework of legality and confidentiality, with responsibility and respect for commercial law and European tax legislation, without requiring your presence in Cyprus.
Our company undertakes your accounting support in Cyprus, even if you have had your company established by another firm and do not have a smooth collaboration for your accounting support, provided we first thoroughly check your company and there are no issues with it.
