| International Business Companies are the heirloom of Cyprus ' days as a former Offshore Zone. Entry to the European Union meant that Cyprus could no longer be an Offshore zone, but due to the special relationship that the economy has with International Business, International Business Companies were formed as a compromise to maintain the clientele, as well as attract new investors and clients with its elevated prestige as a full European Union member state.
International Business Companies enjoy the lowest corporate tax rate in the European Union(only 10%). Shipping Companies flying the Cypriot flag don't have to pay corporate tax, while Shipping Management companies pay a rate of 4.5%.
Take advantage of Cyprus ' extensive network of finance and legal professionals
Cyprus Accountants who have been working for many years with foreign
clients, and are aware of all the diverse and unique requirements an
International Business Company may or may not need. Formation of an
International Business Company takes little time, and little
paperwork. The government takes a realistic approach when dealing
with International Business Companies. International Business
Companies' reporting requirements include an Annual, Audited
financial statement and tax return is required to be filed to the
Inland Revenue, which is not available to the Public. Annual,
Audited financial statement is also required to be submitted to the
Registrar of Companies. Assured assistance can always be depended
upon, with the help of various, trusted accountancy services (Cyprus
Accountants)
GLOBAL EYE PROFESSIONAL ADVISORS LTD is the foremost name
for incorporation and management of international business
enterprises in Cyprus.
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