Opening a Company in Cyprus for German Entrepreneurs.

• Low Corporate Tax Rate: 12.5%, one of the lowest in the EU.
• No Double Taxation: Cyprus-Germany Double Taxation Agreement ensures no double tax on income.
• Access to the EU Market: Seamless trade and operations within the European Union.
• Tax-Free Dividends: No withholding tax on dividends to non-residents.

Steps to establish a company in Cyprus

Choose a Company Type:

Private Limited Company (Ltd) is the most common. No minimum share capital required.

Register the Company:

Submit your chosen company name for approval.

Draft and submit the Memorandum and Articles of Association.

Appoint a Registered Office and Secretary:

A local address in Cyprus is required, along with a secretary for compliance.

Open a Corporate Bank Account:

Provide documents such as IDs, proof of address, and company details.

Tax and VAT Registration:

Obtain a Tax Identification Number and VAT registration if applicable.

Why Cyprus Is Tax-Friendly

Low Taxes: 12.5% corporate tax rate.

No Inheritance or Wealth Tax: Ideal for long-term business planning.

Extensive DTAA Network: Tax advantages in 60+ countries, including Germany.

Pension Benefits: Favorable tax treatment for owners retiring to Cyprus.

Ongoing Compliance

Cypriot companies must:

Submit annual financial statements.

Maintain proper accounting records.

Ensure the company is managed and controlled from Cyprus to qualify for tax residency.

How We Help

we are collaborating with trusted accountants, lawyers, and business advisors to assist German entrepreneurs with:

Incorporation and registration.

Legal and tax compliance under Cypriot and German laws.

Setting up local offices, hiring staff, and navigating bureaucracy.

Ready to Start Your Business in Cyprus?

Please, write us: info@zyimmo.de