DOING BUSINESS IN CYPRUS
The Oxford Team can assist you with the Cyprus Company Formation and the opening of a Bank Account so that you can start your business immediately.
Please contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it for professional assistance.
Cyprus through the years has well succeeded to become an International Business and Financial Centre. Cyprus offers a modern business infrastructure, highly educated English speaking personnel, an attractive and sophisticated tax system, a high standard of living and safe environment to work and live in.
Since accession in the EU, Cyprus has successfully created a dynamic business environment and established itself as the gateway for inward our outward investments between the EU and the rest of the world.
The broad system of treaties for the avoidance of the double taxation gives Cyprus the advantage of popularity amongst global investors. There are a large number of Cyprus business companies whose ownership and activities are outside of Cyprus.
FOREIGN INVESTMENTS
Cyprus developments policy is to foster the infusion of foreign investment in all economic sectors for both EU and non-EU nationals. Towards this end, foreign investors may invest and do business in Cyprus in equal terms with local investors.
Foreign investors chose Cyprus for their business because of its favourable and sustainable business infrastructure, its low tax environment (see Cyprus Tax), the freedom from exchange controls allowing profits, dividends and interest from legitimate investments and capital gains from the disposal of securities (i.e. shares in investments, bonds) to be freely remitted abroad.
The most common form of business entity used by foreign businessmen and entrepreneurs in Cyprus is the Limited Liability Company, Branch of an overseas entity established in Cyprus and Partnerships (i.e.Limited or General Liability Partnership).
We have a wide range of Cyprus shelf companies so that you can start your business immediately and benefit from the Cyprus tax regime.
IMMIGRATION – WORKING PERMITS
Upon induction of Cyprus in the EU it has aligned its immigration law and regulations with the acquis communautaire so that it will enable EU nationals and non EU nationals to enter, reside and work in the Republic.
For more information about working and residence permissions please download our FACT SHEET No. 4 TEMPORARY RESIDENCE AND EMPLOYMENT PERMITS FOR EXPATRIATE PERSONNEL and FACT SHEET No. 5 PERMANENT RESIDENCE PERMITS FOR EXPATRIATES.
Oxford Team comprising of professionals (i.e. lawyers, bankers and accountants) who are experienced in all aspects of Cyprus law and tax planning, can assist with any of your queries.
Awards
