Virtual Offices In Cyprus

What are virtual offices?

A virtual office arrangement provides a solution to those who seek access to office facilities, without having to bear the high costs and the time commitments of a full-time traditional office. This flexible arrangement provides the business with a local presence and depending on the virtual office services and facilities, with some substance, enhancing its credibility among the potential clients and the tax authorities.   

What is substance?

Substance is a tax concept, which does not appear in official texts per se, but which is nonetheless taken into account by the tax authorities around the world, when it comes to assessing the true tax residency of a company. For further information on the criteria tax authorities use, please get in touch with our team.