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piratechain

New member
I have ties to Cyprus and know that a company would cost around 1.5k + 350€ annual levy + 300-400€ quaterly accounting fees + 2.5k for a yearly audit + 12.5% CIT + 2.65% on Dividend Distributions + in my case a local director or even 2 (not sure).

It adds up and Cyprus is not best option in my case
 

MiltonStone

Corporate Services
Mentor Group Gold
It adds up and Cyprus is not best option in my case
If you only have a few thousands a year to maintain your company you should reconsider your business or your entire life.
 

JimBeam

Entrepreneur
Which one would you prefer over Cyprus ?
for the reasons stated below
I have ties to Cyprus and know that a company would cost around 1.5k + 350€ annual levy + 300-400€ quaterly accounting fees + 2.5k for a yearly audit + 12.5% CIT + 2.65% on Dividend Distributions + in my case a local director or even 2 (not sure).

It adds up and Cyprus is not best option in my case
I would avoid Cyprus as it can be quite expensive. You can almost have UAE company for similar amount of money or slightly more but then you won't be paying 12.5% CIT.
 
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