Offshore Cyprus

Benefits of Cyprus Offshore Company:


Cyprus has concluded Double Taxation Avoidance Agreements with many countries, which represents a possibility of zero or reduced withholding tax on dividends, interest and royalties paid by Cypriot companies.

Bank account for Cyprus offshore company: Euro Pacific Bank, Belize Bank International, Pacific Private Bank, Atlantic International Bank, Bank of Cyprus, Hellenic Bank.

Cyprus offshore company registration in 5 steps:


STEP 1: Place your order 

STEP 2: Pay the fee for Cyprus offshore company formation

STEP 3: Our Project Manager contacts you and requests that you send the necesary documents

STEP 4: You receive foundation documents from us

STEP 5: You are able to start your business

Customer satisfaction rate:


Documents required for Cyprus offshore company formation: certified copy of passport or ID card, proof of address (not older than three months).

Cyprus Offshore Company:

Legal form

Private Limited

Duration of establishment

7 -10 days

Register of executives


Register of shareholders


Registered capital

5,000 EUR

Minimum paid-up capital

1,000 EUR

Minimum number of shareholders


Minimum number of executives


Non-residents allowed as executives / legal person

Anywhere in the world.*

Registered agent / seat required

Yes / Yes

Local company secretary required

No (anywhere in the world)

Local General Assembly required

Anywhere in the world

Submission of financial statements


Submission of annual reports


Mandatory audit


Company foreign income tax

12,5 %

Required tax return


Company income tax


Minimum annual fee to the state

350 EUR

Possibility to use a Double Taxation Avoidance Agreement


* We recommend Cyprus due to tax residence.

About Offshore Cyprus


Cyprus is situated in the northeastern part of the Mediterranean Sea at the crossroads of Europe, Asia and Africa. This island is an important international financial center due to its excellent infrastructure, strategic geographic location, highly skilled workforce, favorable business environment and a wide network of Double Taxation Avoidance Agreements.

English is used in business negotiations, the government and the courts. The Government of Cyprus has been an internationally recognized government and it has been a member of the European Union since 2004. Euro was introduced here on January 1, 2008.

Laws are based on the British legal system. The essential law on commercial companies is the Companies Law, which is designed according the equivalent law in the United Kingdom. In connection with the accession of Cyprus to the European Union and the OECD in 2003, new tax legislation was adopted and with it Cyprus became one of the most progressive jurisdictions offering one of the lowest tax rates in the European

Union and creating favorable conditions for tax optimization of international transactions.