By establishing a Cypriot company, you can choose whether the company will serve a specific business purpose (trade or provision of services) or if it will be a holding company, participating with shares in another company.
A holding company is a legal entity of the Republic of Cyprus whose main object is to participate through shares, or even as the main and sole shareholder, in other companies in Cyprus, Greece, and other countries.
A Cypriot holding company can become a shareholder in a Greek company – a legal entity, complying with the current Greek legislation and adhering to its provisions.
The holding company must appoint a tax representative in Greece if it will only hold shares in one company or if it owns any real estate, by obtaining a Greek VAT number through the General Commercial Registry (GEMI) and the Tax Office.
Contact Us
For more information, you can contact Localit Consulting to get detailed answers to your questions.
Phone: 6982220765, 0035722053831, Email: info@localitco.com
Or you can fill out the interest form by clicking here and we will contact you shortly.
The information contained in this article in no way constitutes a means of pressure and incitement to anyone for the purpose of avoiding individual laws per state and avoiding sound tax policy. They are only advisory texts – articles for their information. The author expressly disclaims all responsibility towards any person, entity, or company acting or not acting in accordance with all or part of the content of this text. Therefore, one should not act or rely on the subject matter or information without first seeking advice from appropriate and competent individuals – professionals regarding their activity and general entity.
