Cyprus is a major offshore and onshore business centre, with a prosperous economy, excellent business facilities and thousands of offshore companies are registered here. There are 50 double tax treaties signed between Cyprus and other countries.
We handle the process of obtaining a grant of probate or letters of administration and any other steps required for the transfer of the deceased’s estate into the beneficiaries names.
Danos & Associates manages a large and very diverse caseload of dispute claims. Our aim is to avoid litigation and to seek a time efficient out of Court settlement.
Danos & Associates offers services in relation to all aspects of patent and trademark registration and protection.
Our lawyers have extensive experience in real estate transactions and deal with all matters relating to real estate. Our law firm acts for both sellers and buyers of immovable property.
Frequently Asked Questions
CAN ANYONE REGISTER A COMPANY IN CYPRUS OR ARE THERE RESTRICTIONS?
There are no such restrictions. Anyone can register a company in Cyprus irrespective of nationality, country of residence or other circumstances. The owner of a company registered in Cyprus does not have to be a resident in Cyprus.
HOW LONG DOES IT TAKE TO REGISTER A COMPANY IN CYPRUS?
If one uses the expedited process it usually takes around 2 or 3 working days for the Companies Registrar to approve the name of the company. From the date the name has been approved it takes around 5 working days until the company is registered.
WHAT ARE THE ADVANTAGES OF SETTING UP A COMPANY IN CYPRUS?
a) Cyprus is a well established financial centre that has the professionals with vast experience in offering corporate services to foreign owners. Lawyers, accountants, banks, other service providers and the Companies Registrar are highly experienced and skilled in offering their services to companies with owners from countries throughout the world.
b) The country has a very good legal system that is based on English Common Law and stable tax law.
c) Corporate tax rate is 12,5% and one of the lowest in Europe.
d) Cyprus has double tax treaties with more than 40 countries.
e) Process to form a company is quick, simple and straightforward.
f) No tax on the transfer of shares.
g) No withholding tax for dividends paid to non-residents.