Cyprus has become a very popular choice for establishing International Business Companies (IBCs). These were previously called Offshore Companies). The main benefit of setting up in Cyprus is the country’s extremely favourable tax incentives.
Cyprus has been a full member of the European Union since May 2004 and adopted the euro as its currency in January 2008. This, together with its taxation advantages and its strategic location at the crossroads of Europe, Africa, the Middle East and Asia, makes it an ideal location for IBCs.
Other advantages of utilising Cyprus as an offshore jurisdiction include:
It is not necessary for you to come to Cyprus to establish your International Business Company providing you make use of our nominee services as the nominees can sign all pertinent documentation. Nominees can also open bank accounts on your behalf.
There is no statutory requirement for you to lease an office. However, if you do need to visit Cyprus to conduct business or if you wish to conduct business via Cyprus remotely, Rime can offer you our Virtual Office and Affiliated Services. At very competitive rates we provide any or all of the following facilities:
► short/long term office space rental
► provision of office facilities (telecoms, computer, copier etc)
► call handling/forwarding
► message/mail forwarding
► translation services
► transport within Cyprus
► hotel/sightseeing/restaurant arrangements
► conference/seminar organisation