A Cyprus holding company is a limited liability company that is utilised for holding shares in other companies. Holding companies are created as a productive way for consolidating ownership of operating subsidiaries. When choosing your holding company’s jurisdiction, tax and non-tax aspects must be taken into careful consideration. Cyprus has long been an established international financial centre for holding companies from a business and tax perspective.
A holding company is an important consideration in any international structure when the objective is to minimize taxes on income and gains.
At Oxford, our team comes with many years of practical experience in the areas of International tax planning and offshore business. We guarantee the highest standards of quality in professionalism and services.
The head of our team is a very dynamic International Tax Consultant, Mr. Athos Fouttis who is an author of many articles in international publications and often speaks at international tax and offshore seminars.
Our office is located in the main business district of Limassol Cyprus.
We will give you the highest quality in services along with prompt and personal attention to your needs.
We have a global network consisting of associates in the fields of taxation law, accounting, banking, trusts, investments, and general business consulting.
We will always provide prompt, professional, and personal service to our clients. Our promise reflects our irrevocable understanding to our clients and our associates’ respect and will deliver the highest standards of responsibility. It is the driving force behind our excellence that is delivered by our team and demonstrates our commitment to stability and loyalty toward and clients and our associates.
Cyprus has grown into a centre of international business offering specialized businesses services and processes to improve the efficiency of the business. Cyprus is also known for its rewarding business opportunities that cater to the diverse needs of the international investor.
Cyprus provides easy access for investors targeting the EU market.
Over several decades, Cyprus has become a very favorable International Financial Centre chosen by business owners and entrepreneurs from around the world. They have experienced large profits using the Cyprus tax system and enjoying a tax rate of 12.5%.
Cyprus’ legal system is based on the UK Common Law principles and in agreement with the EU laws and regulations. The Common Law of the legal system offers a Cyprus company the perfect vehicle for holding and investing purposes.
Under Cyprus Company law, it provides a minimum of one share and at least one registered shareholder for a private limited liability company. It is acceptable to have an authorized share capital of €1,000 along with an issued share capital of €1,000. Nominee shareholders are often allowed and commonly used. Also, a foreign corporation or an individual shareholder is permitted. If you would like anonymity we can provide you with nominee services.
There must be at least one director and the directors can be local individuals or foreigners. It is advised that you appoint local directors if you want to create effective management and control in Cyrus. Also, a corporate entity can act as a director and the company can offer directors.
The address of the registered office is the company's official address and this office for the company must be located in Cyprus. This company holds the statutory books, registers, and the seal of the company. Oxford can provide the registered office and the company secretary for your convenience.
In accordance with the International Accounting and Auditing Standards, the Cyprus company must be audited each year by a firm of auditors. Oxford can set up the appointment with a local auditor on your behalf.
You must appoint an individual or secretarial company for this position.