Cyprus
Cyprus is an island country floating in the waters of the Eastern Mediterranean. It combines a vibrant mixture of cultures – influenced by Western Europe, by Asia and by North Africa.
Cyprus operates as a presidential representative democratic republic. The country is divided into two parts – one is occupied by 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 |