• Location: An island in the northeast of the Mediterranean Sea. 
• Total area: 9,250 km² 
• Population: 1,256,107 (2023)
• Capital: Nicosia 
• Currency: Euro EUR 
• Dialing code: +357 
• Official language: Greek and Turkish 
• Ethnic groups: Greek Cypriots 77%; Turkish Cypriots 18%; other minorities 5% Literacy rate 97% (2021) 
• Credit rating: BBB (https://www.centralbank.cy/)
•  Type of government: Presidential Republic                         (http://www.cyprus.gov.cy/)
• Executive branch: Council of Ministers, jointly appointed by the President and the Vice President. 
• Legislative branch: Unicameral Parliament: House of Representatives (80 seats; 56 assigned to Greek Cypriots, 24 to Turkish Cypriots, but only the seats assigned to Greek Cypriots are filled; members are elected by popular vote for five-year terms).  
• Judicial branch: Supreme Court (judges are appointed jointly by the President and the Vice-President.). Legal system Based on English common law, with modifications of civil law (http://www.supremecourt.gov.cy/judicial/).
   

Tax System:

• Personal tax: 0-35% 
• Corporate tax: 12.5% 
• Corporate tax (in detail): Capital Gains Tax 12.5% Capital Gains Tax. 
• Details: Cypriot companies are considered tax residents in Cyprus and are subject to Cypriot tax on their worldwide income if they are managed and controlled in Cyprus. It is also planned to introduce a rule according to which companies incorporated in Cyprus must be recognized as tax residents in the country. Cypriot companies are subject to a 12.5% tax rate 
• Vat: 19% VAT.
• Details: Details VAT is paid on the sale of goods and services, as well as on the purchase of goods and services from EU countries and the importation of goods to Cyprus from non-EU countries. The legislation provides for 3 types of VAT: the basic rate is 19%; in some cases, reduced rates of 9% and 5% are provided. 
• Withholding tax: tax 0% (dividends), 0% (interest), 10% (royalties).
• Other taxes: Special defense contribution tax, social security contributions, real estate transfer fees
• Change control: No 
• Government rate: Yes, but exemptions apply 
• Stamp duty: Yes
   

Types of Company in Cyprus:

• Cyprus LTD 

is a private limited company registered in Cyprus. It is a popular choice for international businesses and investors due to its favorable tax regime, strategic location, and membership in the European Union

The creation of a company in Cyprus:

• Selection of the company name
   
• Company structure
   
• Appoint a company secretary
   
• Registered office
   
• Request the Tax Identification Number
   
• Comply with anti-money laundering requirements
  The documents are issued to you.
   
• Annual statements
   
• Financial statements
   
• Pre-incorporated or Pre-incorporated Companies

What is included in our register company:

• Cyprus company formation.
• One company name approval.                                                   (https://www.companies.gov.cy/)
• set of Registry-certified Memorandum and Articles
• Association and first Certificates:
• certificate of incorporation
• certificate of registered address
• certificate of directors and secretary
• certificate of shareholders and share capital.
• Registered office address for the first year.
• Resident secretary service for the first year.
• Corporate Seal.
• Registration with the Cyprus Tax Department.
• Filing of memorandum and articles of association in English.
• Express incorporation fee
• Virtual Office (optional, 1 year contract) 
• Insurance Commercial (optional)
• Trademark (optional)
• Virtual receptionist (optional)
• Telephone Local (optional)
• Accounting service (optional, referred to a commercial partner)