Cyprus company with a bank account starting from 3050 USD
As a member of the EU Cyprus offers much more advantages compared to all other jurisdictions in Europe. A Cyprus company is permitted to have bank accounts outside the EU. The corporate tax rate on income derived from licensing business and intellectual property (patents, trade names, trademarks, music, sports, or scientific rights, etc.) is only 2.5% (20% of the regular corporate tax). The general corporate tax rate is 12.5% on the net profit of the company if generated outside Cyprus. The corporate structure of a Cyprus Limited Company is recognized worldwide.
Advantages of a Cyprus Company
- The trade tax is non-existent in Cyprus.
- A Cyprus company is not subject to taxation on dividend income.
- A Cyprus company is not subject to capital gains taxes on profits from share transactions.
- There is no subsequent recalculation of taxes owed (advantage in comparison to Malta).
- There is no taxation on the inheritance of shares in a Cyprus company.
- The VAT number allows for problem-free “intra-Community trade”.
- Incorporation of a Cyprus company gives the right to a long stay visa for 2 years.
- Cyprus has signed many Double Taxation Avoidance Treaties all over the world.
The share capital does not have to be fully paid in cash at the moment of incorporation, it can be paid later at any stage. Nominee director and shareholder are allowed so you get full confidentiality. You can get a EU VAT registration number within 2 business days. You do not need to visit Cyprus to organize a company.
Our experts offer clients the following package with discount:
- A full registered Cyprus company with documents
- Bank account
- A crypto wallet
Total: USD 3800 USD 3050
You will receive the following documents:
- Certificate of Incorporation
- Certificate of Directors and Secretary
- Certificate of Shareholders
- Certificate of Registered Office
- Memorandum & Articles of Association
After the registration is completed, we will work with several banks in order to get pre-approval for your business. The choice of the bank depends on the needs and activity of your future corporation, so we will get a professional consultation from a banking specialist of our company in order to choose the most suitable option.
Documents required to open a Cyprus company:
- Proof of ID (international passport) - certified copy
- Proof of residential address (UB not older than 3 month) - certified copy
- Bank reference letter /bank statement
- Professional reference
- Completed and signed KYC1 form and order form (drafts will be provided in due course).
- Documents must be translated into English.
- Documents must be provided in good quality scans for review.
- In case any of the abovementioned documents cannot be provided, we are always open to alternative documents.
The Cyprus company will be opened within 5-7 business days after all requested documents are provided and payment received.
Contact us now and register your company in one of the best jurisdictions in Europe.
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