CYPRUS SUBSTANCE SERVICES

If substance is implemented by international business companies, it can lead to significant benefits, including the minimization of chances for disputes concerning the purpose of the operation by foreign tax, and other authorities. Considering the ever intensifying initiatives around the world against superfluous establishments, such as the so called de-offshorisation in Russia and the Base Erosion and Profit Shifting project by the OECD, the need to adopt the correct structure, with adequate resources in relation to the type and volume of business activities, becomes more imperative than ever before.

Cyprus remains an attractive jurisdiction for companies setting up European headquarters, due to its low rate of corporation tax, its favourable reliefs/credits on certain activities, and due to its infrastructure and skill set.

Our law firm George Chronides & Sons, is offering to our clients’ a unique all-encompassing Cyprus company set-up – European headquarters service for a very competitive fixed fee.

Benefits of choosing George Chronides & Sons Law Firm to set up your Cyprus company structure:

• Transparent fixed fee.
• Incorporation and set-up of Cyprus headquarters.
• Provision of two Cyprus resident directors, attending three board meetings per annum.
• All statutory filings, tax registration, opening of bank account.
• Bookkeeping and accountancy service.
• General administrative work inc. Payroll.
• With this uniquely priced service, clients get all the benefits of Cyprus – European headquarters with significantly reduced costs.