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Cyprus Company Formation, Main Benefits.

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mneilson

Corporate Services
Business Angel
You can search and find many places all over the world to establish a offshore company. But why one choose Cyprus? What are the main benefits of setting up an offshore company there?
 

richardm1964

Offshore Agent
There is long list of benefits for the offshore companies who are registered in Cyprus. But here the best five benefits.


1-Cyprus is a tax incentive country. No withholding of tax on dividends. No capital gains tax.


2-Freely transferable accounts of any currency may be kept either in Cyprus or anywhere abroad without any exchange control restrictions.


3-The identity of the owners can be kept secret, and nominee shareholders may be used.


4- Housing and office accommodation are easily available at reasonable prices.


5-The professional and management services offered in Cyprus are of a very high standard.
 

Moh1

Corporate Services
I guess the major benefits are that this country is a member of the European Union and that Cyprus has the lowest corporate tax in Europe.


Further if you have a legal business you will have some great oportunities for tax planning.
 
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