Cyprus is an island country floating in the waters of the European Mediterranean. It combines a vibrant mixture of cultures – influenced by Western Europe, by Asia and by Africa.
Cyprus operates as a presidential representative democratic republic. The country is divided into two sides – one is Turkish, while the other one is Greek, and both sides prefer to maintain their own culture. Both Turkish and Greek are the official languages, but Armenian, Cypriot Maronite Arabic and Romani are also recognized as minor languages
Key Corporate Features
General
- Basis of Legal System Common
- Type of Company Ltd
- Tax on Offshore Profits 0-15%
- Redomiciliation Permitted Yes
- Time to Form 10 days
Corporate Requirements
- Minimum Shareholders 1
- Minimum Directors 1
Corporate Administration
- Corporate Directors Permitted Yes
Local Requirements
- Registered Office/Agent Yes
- Company Secretary No
- Director No
- Meetings No
Public Filings
- Directors Yes
- Shareholders Yes
- Beneficial Owners No
Annual Filing Requirements
- Annual Return Yes
- Audited Accounts Yes