Cyprus Company Formation 

The management and control of  a company must be in Cyprus in order for the Cyprus company to benefit from the Cyprus Tax regime. Below is a summary of the structure and minimum substance requirements in Cyprus, from both a tax and legal perspective. The Cyprus company has a Director, Secretary, and Shareholder(s).  In order to support […]

Cyprus Investment Plan 

CYPRUS INVESTMENT PLAN Investment :€2,0 million Residential Premises : €500,000 Financial Criterion: Investment in residential premises: A foreigner  may apply for Cypriot citizenship provided that he have made an investment of at least €2,0 million (net)  in the real estate sector.  (i.e purchase or construction of buildings or construction of other land development projects (residential developments in the […]

Cyprus Tax Residency 

The Cyprus Parliament has unanimously approved an amendment to the Income Tax Law which now allows an individual to be considered a tax resident in Cyprus provided that the individual does not stay in any other state for one or more periods which exceed 183 days in the tax year,  the individual is not tax […]

Cyprus First Employment Exemption 

Individuals who were not tax resident in Cyprus were entitled to receive, upon commencing employment in Cyprus, an annual exemption amounting to 20% of their annual income for the first three years of becoming resident in Cyprus. The maximum amount of the exemption was €8,550 per annum. For the 2015 tax year, this three year […]

Cyprus Company Formation 

The management and control of  a company must be in Cyprus in order for the Cyprus company to benefit from the Cyprus Tax regime. Below is a summary of the structure and minimum substance requirements in Cyprus, from both a tax and legal perspective. The Cyprus company has a Director, Secretary, and Shareholder(s).  In order to support […]

Office Space Solutions 

Fastco Register is a leading provider of office space solutions. Fastcoregister provides a fully operational service centre which tailors to the individual needs of each client.  The offices have been fully renovated and equipped with modern furniture and state of the art communication systems. Fastcoregister is a leading provider of prestigious office space solutions which […]

Cyprus Tax Residency 

The Cyprus Parliament has unanimously approved an amendment to the Income Tax Law which now allows an individual to be considered a tax resident in Cyprus provided that the individual does not stay in any other state for one or more periods which exceed 183 days in the tax year,  the individual is not tax […]

Cyprus First Employment Exemption 

Individuals who were not tax resident in Cyprus were entitled to receive, upon commencing employment in Cyprus, an annual exemption amounting to 20% of their annual income for the first three years of becoming resident in Cyprus. The maximum amount of the exemption was €8,550 per annum. For the 2015 tax year, this three year […]

Cyprus Company Formation 

The management and control of  a company must be in Cyprus in order for the Cyprus company to benefit from the Cyprus Tax regime. Below is a summary of the structure and minimum substance requirements in Cyprus, from both a tax and legal perspective. The Cyprus company has a Director, Secretary, and Shareholder(s).  In order to support […]

Formation of Cyprus Company 

The management and control of  a company must be in Cyprus in order for the Cyprus company to benefit from the Cyprus Tax regime. Below is a summary of the structure and minimum substance requirements in Cyprus, from both a tax and legal perspective. The Cyprus company has a Director, Secretary, and Shareholder(s).  In order to support […]