Also in the news...
Trade and services regulations in Luxembourg
If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:
If you were living in Iceland before 1 January 2021
Information for British citizens moving to or living in Iceland, including guidance on residency, healthcare and driving.
UK sanctions guidance for Uzbek businesses
Information about UK sanctions and relevant local laws to support compliance of non-UK businesses operating in Uzbekistan.
Protecting Business Reputation When Entering Foreign Markets
Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.
Cyprus company registrations - 2018 Q1 overview
The number of new Cyprus company registrations continues to rise in 2018.
According to the Registrar of Companies the number of new Cyprus company registration rose 16 percent in April to 1,168 compared to the previous year.
In the first quarter of 2018 the total number of new Cyprus company registrations rose an annual 4.9 % to 5,009.
According to the Registrar the number of name applications rose 72% to 3,476 in April and 11% to 11,767 in the first quarter of 2018.
The issuance of certified company documents rose 11% to 26,690 in April and 2.4% in Q1 of 2018.
The submission of other company related documents rose 1.2 percent in April to 9,744 compared to April of the previous year and 4.3 % in Q1 of 2018 compared with the same period last year.
This is an indicator that Cyprus companies are still favoured for holding companies, international or regional headquarters and investment companies.
The continuously increasing number of new Cyprus company registrations is a proof that Cyprus remained the most beneficial international jurisdiction and place of business within the EU providing numerous advantages.
Why Cyprus?
Cyprus is a preferred jurisdiction as a place of business for many reasons.
We always recommend evaluating a Cyprus company not only because its tax advantages, but due it its other advantages:
EU member state
- European Monetary Union member
- EU and OECD approved tax regime
- Effective banking services
- High standards of data protection
- Professional and well-developed services sector
- High legal certainty
- Wide network of Double tax treaties
- Qualified workforce
- Political stability and security
- Business language is English
- Quality life
- Worldwide connectivity through two international airports
- Advanced infrastructure
For more information about Cyprus company registration or for a personalized consultation please contact us