Northwest Europe

Location

Euro (EUR)

Currency

Legal System

Private Limited Company, Public Limited Company

Corporate Structures

Tax System

  • Corporate tax rate is 12.5% for trading companies
  • No withholding taxes on dividends, interest, or royalties for EU companies

Legal Framework

  • Based on Common Law; governed by the Companies Act 2014
  • Private Limited Company is a popular structure requiring a minimum capital of €1

Advantages

  • Access to European markets through EU membership
  • Favorable business environment with low corporate tax rate
  • Strong technology and pharmaceutical sectors

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Cyprus, Nicosia

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