Business in Cyprus — Professional Support and Consultations for Your Company

Baltconsult offers the services of company registration, assistance in opening bank accounts, integrated accounting support, as well as consultations on tax and financial issues in the territory of Cyprus.

Having performed thorough analysis of the existing business model and your priorities, we will provide the optimal solution to meet all your financial expectations as much as possible.

Advantages of Conducting Business in Cyprus

A convenient banking infrastructure and one of the lowest rates of profit tax in Europe, as well as a high level of provided financial services, create a favourable environment for conducting international business in Cyprus.

At present, Cyprus has agreements signed with more than 50 countries on the avoidance of double taxation, this way further facilitating the development of entrepreneurial activities.

Our company provides a number of integrated services with regard to the registration of companies in the territory of Cyprus and their subsequent support, including accounting services, as well as professional consultations on all possible issues pertaining to the incorporation and support of your business.

0%

dividend tax

12.5%

corporate tax on profit

19%

value added tax

Company Registration in Cyprus

Baltсonsult provides support in the execution of documents and registration of a company in the territory of Cyprus. The most popular legal form for Cyprus companies is a limited liability company (LTD). Having received all the required information from you for company registration, we will submit a package of documents on your behalf to the Cyprus authorities.

Key advantages for registering a company (LTD — Limited Company) in Cyprus:
  • The registration procedure of a new company takes 7 to 10 weekdays
  • There are no limit for authorized capital (you should pay only per one share, and another quantity is approved capital)
  • Confidentiality — appointment of nominal shareholders and directors is allowed
  • There are no requirements regarding directors-residents
  • A legal entity can be nominated as a company director
  • Minimal operational expenses
  • When incorporating and registering a nominal service, you do not need to stay in the territory of Cyprus

Opening Bank Accounts

Baltconsult offers highly qualified accounting services in the territory of Cyprus. Having practical knowledge on Cyprus tax legislation, we will secure the preparation of financial statements within the required term, will complete tax declarations and will perform an audit of your company. The chief priority of Baltconsult is professional accounting support for your company in Cyprus, with observation of valid laws and international standards.

Accounting Services

Baltconsult offers highly qualified accounting services in the territory of Cyprus. Having practical knowledge on Cyprus tax legislation, we will secure the preparation of financial statements within the required term, will complete tax declarations and will perform an audit of your company. The chief priority of Baltconsult is professional accounting support for your company in Cyprus, with observation of valid laws and international standards.

Advantages of Accounting and Record Keeping Services Provided by Baltconsult:
  • Rendering consultations to secure the efficient operation of your company
  • Preparation and submission of tax calculations for VAT declaration
  • Preparation of VIES statements — EC Sales Lists and Intra Stat for trade companies in the European Union
  • Communication and interaction with local authorities
  • Development of the document control procedure, assistance in solving tasks on the optimisation of tax payments
  • We guarantee confidentiality to our clients in the process of performing accounting

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Office address

Tenarou 4, Agios Dometios, Nicosia 2360, Cyprus

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