What Are the Steps To Form A Company In Cyprus?
In the past few years, many entrepreneurs have come to Cyprus to form a company. And why wouldn't they come? After all, the corporate tax rate in this country is just 12.5%. Cyprus has one of the lowest corporate tax rates in the whole of Europe. Once you have formed your company in Cyprus, you can enjoy the benefits of more than 65 double taxation treaties. In simple words, the double taxation treaties ensure that natural persons or corporate entities will not compensate on their business taxes in the two countries simultaneously. Lastly, the process of registering a company in Cyprus is straightforward and fast. So, if you are interested in forming a company in a beautiful country island like Cyprus, start looking for one of the best Cyprus law firms . By having a lawyer by your side, you would be able to handle any difficulties. That's why you should hire a lawyer. Now, let's check the steps that are involved in forming a company in Cyprus. ● Company name: To form...