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.
