Form Your Legal Company in Cyprus
Efstathios C. Efstathiou LLC gauges your way to becoming a part of Cyprus by assisting you to Form Your Legal Company in Cyprus.
About Efstathios C. Efstathiou LLC
We provide you with Legal Expertise in all areas of business life. Our firm is adequately filled with talented and experienced lawyers from the Cyprus Bar Association. Advisories cater according to foreign law matters with a focus on European, Cypriot, and English law.
Our experts can act on a consultative, transactional, or judicial level. Despite our firm’s primary focus being in Cyprus, cross-border cases are where our experts are most often called upon.
A legacy created through the conceptuality of Cyprus has left a positive impact on the rituals the Island reflects.
The island’s concern about following legal rules and policies has encouraged it to follow British Common Law. The culture of the island reflects a comfortable and a homey feeling as the mode of interaction is mainly English.
Similarities of culture amongst the two companies makes Efstathios C. Efstathiou an idealistic choice, as we work with a compatibility like none of the other firms share. Our advocates deliver with sound knowledge on the subject of Cyprus company formation. Hence, making the procedure quick and easier!
Corporate Attractions of Cyprus Company
The key dominant features which set Cyprus apart from other infamous companies include the many strategic approaches and measures it centralizes its decisions upon, such as a reduction in corporate tax rate of 10% only. Ideally, Cyprus’ major concern lies on the numerous tax benefits it has been designing to promote foreign investment in Cyprus.
Legal Cyprus Law & Order Formalities
The steps to register a Cyprus Company are simple. Cyprus Registrar of Companies has created a cutting-edge system which includes computerized filing of forms. It contains publicly available records; however, these only pertain to the company’s listed Directors, Secretary, and Shareholders.
Cyprus has been enforcing rules and regulations pertaining to businesses that are now on par with many other EU states, and it has recently stated that any company intending to provide fiduciary services in Cyprus must be regulated, which further contributes to its legal parity with many other EU states.
Efstathios C. Efstathiou LLC provides you with the top most attorneys to make your journey throughout the formation at Cyprus flexible. Through easily understandable terms and conditions, professionally trained lawyers follow the terms and conditions appropriately to avoid any unforeseen misunderstandings in the future amongst our clients and the company.
Banking at Cyprus
Since 2008, when Cyprus joined the EU, the national currency has been the Euro, though banking can still be done in other currencies.There are several trustworthy banks in Cyprus, as well as many international banks with a permanent base.
We assist working with numerous Cyprus-based banks to expedite the opening of a corporate bank account so that it can happen in a matter of days.
VAT at Cyprus
Cyprus originally enacted VAT in 1992, heavily modifying British VAT legislation from 1983. Since then, changes have been made to conform with the EU VAT directive. When seeking for a trustworthy jurisdiction for your VAT Registration, it is an idealistic choice because it has a cutting-edge and well-respected tax system and is a full member of the EU.
In comparison to other EU countries, Cyprus’s VAT rate is competitive, while registration and credit requests can be handled swiftly. Our team can cater to help you with all facets of Cyprus VAT Registration.
The Cyprus Where Efstathios Efstathiou LLC Provides Legal Services
Efstathios C. Efstathiou LLC offers services at a number of common businesses in Cyprus with forms and types, each with unique benefits. Some of the most common business formation types are;
- Holding Company
- Cyprus Funds
- Royalty Company
- Agency Company
- Cyprus International Trust
Requirements to Form Your Legal Company in Cyprus
Efstathios C. Efstathiou LLC confirms incorporating your business in Cyprus, the name of the firm must be in English, and any Greek material must be properly translated into another language (such as French).
We make sure your name complies with all requirements before submitting it because there are restrictions on the types of characters that may appear in them (only letters A-Z and 0-9; no spaces; a maximum of three consecutive capital letter strings at the beginning/end of the word).
Yearly Requirements to Form Your Legal Company in Cyprus
The struggle is over! Our firm makes paperwork for you easier, Efstathios C. Efstathiou upskilled attorneys cater to the conditions at Cyprus, including establishing a Cyprus corporation and maintaining the registration’s validity. In accordance with your company’s requirements and preferences, renewals can be completed online or through an agent (e-mail confirmation required).
Renewal requests will be sent by our firms lawyer to be sent out annually in accordance with the same rules, but will largely depend on how frequently executives wish to have their details renewed, from one month to five years depending entirely upon which option(s) were selected during the initialisation process.
Procedure of annual filings include submission deadlines for annual returns as well as paying fees if they had not already been paid. After a company is incorporated in Cyprus, it must file annual returns within 18 months. These are submitted to the Cypriot government and then approved during an AGM.
Cyprus Intellectual Property Law
Cyprus is a signatory to various international conventions and treaties and a member of the World Intellectual Property Organization. Our lawyers assist you with a legal right to use creative ideas and works, such as literary works, artistic creations, designs, and inventions, known as intellectual property law, or IP law as it is more commonly referred to.
Permanent Residency in Cyprus
To acquire permanent residency, we appeal for the requirements for permanent residency painlessly, consisting of our client receiving all the perks and flexibility to attract foreign investors.
A large number of wealthy families and business people, primarily from China, Russia, the Middle East, and other regions, have moved to Cyprus to purchase real estate or make other investments, in order to become citizens and obtain visa-free travel within the EU. After seven years, those with permanent residency may also apply for a Cypriot passport.
Consult a Qualified Lawyer to Establish Your Cyprus Company
Efstathios C. Efstathiou LLC provides you with the most insightful consultation sessions. Reach out to us for your concerns and queries. Our speedy management services provide 100% assurance to any inconvenience.
Starting with basic structure and extending to tax structuring and asset protection, we can assist you at every stage. Establishing a bank account, incorporating a Cyprus offshore company, and offering corporate services, such as interacting with the Cyprus Registrar of Companies and any Cyprus VAT Registration are all examples of these.
To book a consultation session, Contact us at (+357)22 755 188, or book your sessions online through our website for further queries.