Travel to Cyprus

Archive for June 8th, 2011

Cyprus company formation offers business people and corporations various tax and other advantages. Cyprus is considered as a tax efficient location due to various reasons.

There are two types of companies recognized:

• Company with limited liability by share
• Company with limited liability by guarantee, with or without shares

Tax legislation distinguishes between tax resident & non-tax-resident Cyprus companies. Tax legislation provides important benefits for people wishing to proceed with a Cyprus company formation and to set up their business company in Cyprus such as low corporate tax at the rate of 10% for all companies, tax exempt dividend income (subject to certain prerequisites), tax exempt profit from trading with securities, no tax on wealth and other, take advantage of the Double Tax Treaty Network etc.
Our practice includes amongst others, Cyprus company formation, administration of companies, directorship services, nominee shareholder services, secretarial services, registered office services, escrow services, assistance in banking services, accounting services, due diligence reports, legal opinions as well as company court proceedings.

Read more here: http://www.multilysis.com/cyprus-company-formation.php