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Introduction to company law in cyprus

We offer comprehensive legal services in this highly important area in an effort to provide the most efficient and practical solutions to the individual and separate needs of each client. With our extensive expertise in advising and assisting clients in the implementation of effective tax planning structures designed to minimize tax liabilities, meet the clients financial and business objectives. This service is addressed to private individuals and companies -including offshore companies. Special attention is given on the tax benefits relating to the formation of international trusts. Our firm has an excellent track record for high quality, sound tax advice and tax planning, as well as extensive experience in negotiating and handling tax disputes.
The Government of Cyprus has recently introduced major tax reforms for Cyprus.
The effects of the reforms are:

- Enhancement of Cyprus as an international business centre.

- Maintenance by Cyprus of its strategic location for investment into and from the Russian, Central European and Eastern European markets.

- Ensuring Cyprus has the lowest tax regime in the EU, and

- Ensuring Cyprus companies enjoy the benefits of investment and trading within the EU.

Cyprus has concluded an impressive number of treaties for the avoidance of double taxation. Along with the low corporate tax rates and the special provisions for holding companies, the Cyprus companies provide an excellent vehicle for effective international tax planning.

- The identity of the owners can be kept secret, and nominee shareholders may be used.

- The professional and management services offered in Cyprus are of a very high standard.

- Strong legal system based on English common law.

- Its strategic geographic location.

- Able to register for VAT purposes.

- No obligation for the Holding Company (or right) for VAT registration & compliance.

- Profits earned from a permanent establishment abroad are fully exempt from Cypriot tax, subject to certain conditions.

- No withholding tax on dividends received from EU subsidiaries.

Legal services:

 Litigation & Arbitration

Companies Section & Offshore Section

Tax Law and International Tax Planning

Real Estate

Intellectual Property