What are the precautions for the registration of Cyprus companies?

Hello, matters needing attention in Cyprus company registration:

I. Introduction to Cyprus

The Republic of Cyprus is an island country at the junction of Europe and Asia, located in the eastern Mediterranean, with an area of 92,565,438+0 square kilometers. It is the third largest island in the Mediterranean, geographically belonging to Asia, but culturally and politically belonging to Europe.

As an open economy, Cyprus has high-quality and good infrastructure, high-quality population environment, clear legal system, good social order and free trade. The government has actively introduced various incentives to make Cyprus a favorable destination for immigrants, attracting elites from all over the world to register companies here.

Two. Information required for registration

1, company name (in English, ending with limited or LTD, it is recommended to make 2-3 backup searches);

2. Registered capital (generally written as 65,438+0,000 euros, which does not need to be actually put in place);

3. Business scope (main business scope can be summarized);

4. Scanned ID cards and passports of shareholders and directors;

5. Proof of the address of the shareholders' directors in the last three months;

6. Our company is ready to sign the document.

No notarization is required.

Time limit for registration: about 20 working days.

Three. Steps to register a Cyprus company

1. Select a company name. You need to submit your favorite name application to the company registry and file it. The company name must contain the words "limited company" or "joint stock limited company" to indicate the status of limited liability. It takes about 5 working days to review the name. If it is urgent, some law firms can provide a list of names that have been approved by the Companies Registry.

2. After the company name is approved, the prepared articles of association, the person in charge of Unicom and the shareholders shall be submitted to the company registration authority for registration.

3. The company's share capital can be expressed in any currency, and there is no lower paid-in capital.

4. Apply for the company registration number and handle the organizational documents of the company as a legal person (i.e. company composition, certificate of directors, certificate of shareholders, registered address, etc.). ).

Four. Advantages of registering a Cyprus company

1. Cyprus is an important transportation hub connecting Europe and the Middle East with the outside world, which is conducive to opening up the international market and reducing trade barriers.

2. Tax incentives. Companies enjoy the lowest tax rate in the European Union, and overseas income is tax-free, which can greatly save the tax cost of enterprises. It has signed double tax avoidance agreements with more than 60 countries such as China, Singapore, the United States and Canada. The dividends of Cypriot companies are not taxed, profits tax is not levied, global tax countries are not levied, property tax is not levied, explicit tax is not levied, and gift tax is not levied.