Cyprus Company Incorporation and Bank Account

Company Incorporation and Opening Bank Accounts in Cyprus

Cyprus is a leading and stable independent nation and a full member of the European Union, it has up-to-date laws ensuring proper preservation of confidential relationships in financial services coupled with a higly skilled workforce. The low tax business environment and protection of confidentiality and assets makes Cyprus company incorporation an ideal solution.

Being a low tax jurisdition, Cyprus is a popular location for the formation of companies due to the favourable taxation status while at the same time offering the full benefits of European Union membership.

We offer opening of corporate bank accounts in Cyprus. No minimum deposit is required and there is no need to be present for the account opening. There is a low account opening fee and on-line banking is included in the account opening fee. All fees are disclosed up-front. This is a highly attractive, flexible and tax effective company and bank account package offering 100% foreign ownership and potential asset protection benefits, full access to account funds while at the same time offering one of the lowest tax rates in the European Union (currently at 12.5%).

Apart from Cyprus tax advantages, the benefits of Cyprus company formation include:

– Simple incorporation process
– Company requires only 1 shareholder
– Company requires only 1 director
– Meetings can be held anywhere but should preferably be in Cyprus
– The shareholder is not required to be in Cyprus for incorporation
– Privacy, confidentiality and protection of assets and information
– Extensive double tax treaty
If you would like to learn more about this package and determine whether it is suitable for your requirements please contact us and a specialist in our tax and legal department will assist you.

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