Articles / Publications

Foreign policy, corruption and the European Union.

The accession of Cyprus to the European Union in 2004 was a catalyst for the further reform and revision of the foreign policy of the Republic of Cyprus. In its current form, the foreign policy of the Republic of Cyprus focuses on three main objectives. First, the deepening of the bilateral relations of the Republic of Cyprus with other states in the Eastern Mediterranean region. Second, its more active participation in the European Union and in issues beyond those related to the invasion and occupation by Turkey, acting as a mediator between the EU and the non-European states of our geographical region. Third, the deepening of the cooperation of the Republic of Cyprus with the permanent members of the United Nations Security Council.

The aspect of the foreign policy of the Republic of Cyprus, which concerns the European Union, aims to establish Cyprus as a valuable partner within the EU. This aspect is related to the proposition...(For the full article click the picture above).

Company Incorporation

For a Cypriot company to be taxed in Cyprus the control of the company must be exercised in Cyprus. While this has not been defined by legislation it means that the registered office should be in Cyprus and the majority of its board of director’s should be residents in Cyprus.

The corporate tax rate is currently set at 12.5%.
Financial Statements of the company are submitted to the Registrar annually. Furthermore a company must hold a yearly general meeting which can be conducted via telephone since the amendment of the Companies Law Cap 113.

The registration process takes place electronically in part. Every company registration begins with a name application which takes 2-3 days to be approved by the Company’s Registrar. You can apply for any name as long as it is not considered ‘undesirable’ and or conflicts with an existing company name.