Anyone who intends to operate internationally from Cyprus and requires a permanent establishment should apply for the formation of a legal entity, in the form of a Limited (Ltd) in Cyprus.
Many good arguments for setting up a company in Cyprus
Cyprus has the lowest corporate tax rate in Europe.
Companies and permanent establishments can be registered on the private residence (no production).
The minimum share capital is 1,000€.
It is the fastest way to obtain Non Dom status in Cyprus.
Non Dom status is guaranteed for 17 years, unlike in other EU countries!
Company owners (shareholders) in Cyprus are allowed to hire themselves and thus enjoy full social security protection.
Liability risks can be comprehensively limited.
Accounting and annual accounts are handled by service providers at low cost.
Assets in Cyprus are protected from third party access.
Profits from the sale, donation or inheritance of companies or shares are tax-free in Cyprus.
A limited company in Cyprus enjoys international recognition, e.g. in online trading. (Amazon, Alibaba etc.)