Cyprus has been a member state of the European Union since 2004
and one of the top venues for the incorporation and establishment
of businesses across Europe.
Cyprus boasts an impressive list of double tax treaties which
can be fundamental to tax planning and the establishment of a
business. In addition, Cyprus offers impressive infrastructure for
businesses looking to set up an on the ground presence. A British
dependency until independence in 1960, Cyprus benefits from a legal
system based on English common law, and Cyprus courts may look to
the judgments of the courts of England and Wales for precedent and
reasoning when deciding cases.
Types of corporate entities
Cypriot corporate entities may be formed as private or public
limited liability companies by shares and in rare cases companies
limited by guarantee which are all incorporated pursuant to the
Cyprus Companies Law. A company may also take the form of a
European public limited liability company, more