Cyprus Guide: Business
Starting a business in a new country is a challenge, as it is everywhere. Find information here about company creation, prospects in the marketplace and tips on how to avoid problems. Get in contact with other people in the forums and post a classified if you are looking for or offering business opportunities.-
Business Formation Cyprus Business Registration
The procedures necessary for an individual to commence business activity. more » -
Cyprus Business Structures Forms of company used
Setting up in business in Cyprus is relatively straightforward. Non-Cypriot citizens, especially those whose native country is a member of the EU, can start up in business in Cyprus with minimal restrictions. more » -
Cyprus Foreigners in Business Limitations on foreigners in business
Individuals who are foreign nationals can run businesses in Cyprus and can be on a Board of Directors of a company, although those from outside the EU require more in the way of work and residence permits, as opposed to individuals from other EU member states. Non-EU nationals also require a permit if they wish to acquire real estate in Cyprus. more » -
Cyprus Business Licensing Licensing of business activity
Licences, or permits are required for certain business activities in Cyprus, with the licensing authority depending on the activity in question. more » -
Business Taxation Cyprus Value Added Tax (VAT)
Cyprus introduced VAT in 1992 and has subsequently amended the VAT laws to bring them into compliance with European rules in this area. more » -
Taxation in Cyprus Business Capital Gains Tax (CGT)
The rate of Capital Gains Tax (CGT) is 20% on the sale of property located in Cyprus. Profits from the sale of shares owned by a company that owns property in Cyprus are also taxed at 20%. more »