Incorporating an offshore company in the country comes with many benefits for the owners of the Cyprus Offshore Company.
Let’s take a look at some of them
- The corporate tax in the country is calculated at 12.5% whereas dividend tax is 0%!
- Cyprus has many double tax treaties with the countries of Eastern Europe.
- The country also provides you many facilities to register your ships if you are looking to start a foreign shipping company
- It provides excellent options for you to form parent companies if your main aim is to expand your business to other countries
- The management fees for companies is very low as compared to the other countries
Moreover, the government offers the Cyprus Investment Programme. That gives foreign investors the opportunity to become either permanent residents or citizens of the nation. Learn more here.