Cyprus IBC
Cyprus IBC |
Corporate Details |
General |
|
|
IBC |
|
English Common Law |
|
Yes |
|
Yes |
|
5 Business days |
|
10% |
|
Yes |
Share capital or equivalent |
|
|
Euro |
|
Any |
|
€1,000 |
|
€5,000 |
Directors |
|
|
1 |
|
No |
|
Yes |
|
Anywhere |
|
Yes |
Members |
|
|
1 |
|
Yes |
|
Yes |
|
Anywhere |
Company Secretary |
|
|
Yes |
|
No |
Accounts |
|
|
Yes |
|
Yes |
|
Yes |
|
No |
Other |
|
|
Yes |
|
No |
- A great degree of respectability amongst companies registered in other tax incentive or tax haven countries. (Cyprus is not black listed in any country in the world)
- Cyprus is not considered to be a tax haven or “laissez faire” country but a tax incentive country
- No withholding of tax on dividends
- No capital gains tax (except on sale of immovable property situated in Cyprus)
- Freely transferable accounts of any currency may be kept either in Cyprus or anywhere abroad without any exchange control restrictions
- No exchange control restrictions