Starting a business in Cyprus is not complicated. For assistance, please contact our lawyers at https://www.lawyers-cyprus.com/.

1. A presentation brought to you by
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Starting a Business in Cyprus

2. FOREIGN INVESTORSFOREIGN INVESTORS
IN CYPRUSIN CYPRUS
Cyprus is a very appealing investment
destination for foreign entrepreneurs
thanks to its membership to the
European Union and to the residency by
investment program.
Foreign investors can set up operations
in Cyprus under various business forms
through which are quite easy to register.

3. TYPES OF COMPANIESTYPES OF COMPANIES
IN CYPRUSIN CYPRUS
The following types of companies
can be used by those who want to
start businesses in Cyprus:
the sole proprietorship,
the partnership,
the limited liability company,
the branch and the subsidiary
for foreign corporations.

4. BUSINESS REGISTRATIONBUSINESS REGISTRATION
STEPS IN CYPRUSSTEPS IN CYPRUS
The following steps need to be
completed when opening a
business in Cyprus:
trading name reservation,
Articles of Association drafting and
notarization,
corporate bank account opening,
company officers’ appointment,
documents filing with the Trade Register,
tax and VAT registration,
business licensing.
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5. One of the important steps when
opening a business in Cyprus
is related to hiring staff.
The procedure must be completed in
accordance with the Employment
Law which can be explained by our
lawyers in Cyprus.
HIRING PERSONNEL IN CYPRUSHIRING PERSONNEL IN CYPRUS

6. When opening a business in Cyprus,
there are several costs that need to be
considered.
Among these are the business
registration, the annual maintenance
and the accounting fees.
BUSINESS FORMATION COSTSBUSINESS FORMATION COSTS
IN CYPRUSIN CYPRUS

7. Foreign investors who come to
Cyprus can conduct various
activities through small companies
or large entities such as holding
companies.
The decision should be made by the
investor prior to opening the Cyprus-
based business.
COMPLETING OPERATIONSCOMPLETING OPERATIONS
IN CYPRUSIN CYPRUS

8. WHY SET UP A BUSINESSWHY SET UP A BUSINESS
IN CYPRUSIN CYPRUS
Cyprus is a very appealing destination
thanks to its geographical location
which makes it one of the most
important trading hubs in Europe.
Cyprus’ taxation system which has
one of the lowest corporate tax rates
in the EU and the tax incentives
offered by the government are also
reasons to choose this country.

9. ASSISTANCE IN OPENING A BUSINESSASSISTANCE IN OPENING A BUSINESS
IN CYPRUSIN CYPRUS
Our law firm in Cyprus can also handle
the registration process of a company
based on a power of attorney.
If you want to open a business in Cyprus
and need help with legal procedures,
our lawyers are at your service.

10. clients@lawyers-cyprus.com www.Lawyers-Cyprus.com
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