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Company Law

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The firm specialises in the formation and registration of offshore and local companies. 

Cyprus is a major International business centre with a prosperous economy, excellent business facilities and thousands of international and local operating companies. There are more than 30 treaties signed between Cyprus and other countries. The existence of these treaties, combined with the low tax paid by a Cyprus company offer the possibilities for effective international tax planning. The main objective of the double tax treaties is to avoid the double taxation of income earned in any of the two contracting countries. This is done through the tax sparing provisions whereby tax is credited against the tax that must be paid in the contracting state.

The Cyprus Company Law, Chapter 113, is based on the English Companies Act of 1948. Therefore the legal system and return forms are identical to those in the UK.

 

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