Often asked: What Is A Cyprus Based Company?

What businesses are in Cyprus?

Business Opportunities in Cyprus

  • Construction Company. The government of Cyprus provides substantial support to individuals looking to start a company in the construction business.
  • Education Consultancy.
  • Property Rental Market.
  • Tourism.
  • Shipping Industry.
  • Transportation Business.
  • Insurance Brokerage Company.

What is the biggest company in Cyprus?

Cyprus Top Companies List by Market Cap as on Jan 1st, 2020

  • POLYMETAL INTERNATIONAL. World Rank (Jan-01-2021)
  • GLOBALTRANS INVESTMENT. World Rank (Jan-01-2021)
  • QIWI. World Rank (Jan-01-2021)
  • HEADHUNTER GROUP. World Rank (Jan-01-2021)
  • GLOBAL PORTS INVESTMENTS.
  • BANK OF CYPRUS HOLDINGS PUBLIC COMPANY.
  • PRIMECITY INVESTMENT.
  • THARISA.

Why do companies have their headquarters in Cyprus?

A key attraction to set up headquarters (HQ) in Cyprus is the country’s good relations in the region and its convenient access to both the EU’s single market of over 500 million people and markets of the Middle East, Asia and Africa.

Why are Cyprus companies?

5) One of the main advantages that Cyprus offers is the tax regime of 12.5% for companies, a percentage that it is considered the lowest within the European Union. 6) Cyprus offers a quick and simple procedure of incorporation of a company which can be completed within two weeks.

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What is the best business in Cyprus?

Top 10 Small Business Investment Opportunities in Cyprus

  • Construction Company.
  • Property Rental Business.
  • Educational Consultancy Services.
  • Clearing and Forwarding Business.
  • Travels and Tours Company.
  • Transportation Business.
  • Auto Mechanic Workshop.
  • Web Design and Web Hosting Business.

Is it easy to start a business in Cyprus?

It is quite easy to open a business in Cyprus and with the proper support, overseas businesspersons can have their own companies up and running in the littlest time possible.

What is the capital of Cyprus?

Nicosia, Greek Lefkosía, Turkish Lefkoşa, city and capital of the Republic of Cyprus. It lies along the Pedieos River, in the centre of the Mesaoria Plain between the Kyrenia Mountains (north) and the Troodos range (south).

How many businesses are in Cyprus?

Cyprus CY: New Businesses Registered data was reported at 14,526.000 Number in 2018. This records an increase from the previous number of 13,677.000 Number for 2017.

How much does it cost to open a company in Cyprus?

The cost of registering a company in Cyprus costs $1995 but from the second year, it will cost $1990.

Is Cyprus safe for business?

Cyprus has a comprehensive, modern and forward-looking legal and regulatory framework based on the principles of English Common Law. The country’s legal framework is widely recognized as a business -friendly and effective system that allows reliable and transparent business practices.

Can I open a company in Cyprus?

Yes. A local registered office is needed for a company incorporated in Cyprus. The incorporation documents must be kept at this address. Our Cypriot company formation advisers can offer to businessmen special virtual office packages which include a local address.

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