Cyprus
The Union's holding and shipping jurisdiction, on an English legal tradition
Cyprus is in the EU and the euro area, with company law built on an English model and one of the lower headline corporate rates in the Union. It is used mainly as a holding domicile, as a shipping flag and as a base for technology and financial services. It is not part of the Schengen area.
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Setting up a company
Setting up a company and tax are the part of the profile you cannot assemble elsewhere in an afternoon. The rest of the page is open.
- ·Legal forms
- ·Foreign ownership
Taxes
Setting up a company and tax are the part of the profile you cannot assemble elsewhere in an afternoon. The rest of the page is open.
- ·Corporate income tax
- ·VAT
Visas and residence
Setting up a company and tax are the part of the profile you cannot assemble elsewhere in an afternoon. The rest of the page is open.
- ·Short stay
Citizenship
Setting up a company and tax are the part of the profile you cannot assemble elsewhere in an afternoon. The rest of the page is open.
- ·Route to citizenship
Investment opportunities
Setting up a company and tax are the part of the profile you cannot assemble elsewhere in an afternoon. The rest of the page is open.
- ·Where the capital goes
What it makes and needs
Services dominate: shipping and ship management, financial and legal services, tourism and a growing technology sector.
Money and payments
The euro, SEPA payments. Since the post-2013 restructuring the banking sector is markedly stricter on source-of-funds checks — KYC goes deeper than is usual in the Union.
Importing into their market
Part of the Union customs territory. The island has one peculiarity: the northern part is not under the control of the Republic's government and the acquis is suspended there — trade across the line runs under its own regime.
Practical matters
The official languages are Greek and Turkish, but business, law and accounting routinely operate in English.
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A visa, legalising a document, an invitation letter, the commercial attaché before a trade fair — these only go through a mission. Below are the official registers rather than transcribed addresses: missions move and consular hours change several times a year, so a link to the register stays current where a transcript would not.
Where a country has no mission in Bratislava or Prague it is usually accredited from Vienna, Berlin or Warsaw — the register says which.
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