+357 25 820 540
137 Gladstonos Str. Taitou Court, Suite 303, 3032, Lemesos, Cyprus

George Theocharides LLC

Our firm has over 20 years’ experience in Corporate Services, we register all types of companies, included  regulated Financial Services Companies. The firm primarily provides a full range of corporate and commercial legal services, Tax planning and Fiduciary services.

Why Cyprus?

Cyprus is a popular jurisdiction for international business and is widely used in international tax planning.Among the benefits of using Cyprus as a corporate vehicle are the lowest rate of corporate taxation in Europe:

  • 12.5% on the net profits;
  • No withholding tax on dividends;
  • Extensive Double Tax Treaty network;
  • Favourable tax provisions which elevate Cyprus as a prime holding and Trading company jurisdiction.

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A Major Jurisdictional Contender for Holding Companies

The two major factors that investors consider when incorporating a holding company are: (i) the tax efficiency in accumulating the profits of the subsidiaries into the holding company; and (ii) minimization of capital gains taxes arising from the liquidation of participations in subsidiaries and/or the liquidation of the holding company and then repatriation of the investment.
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Access to Europe via Cyprus Citizenship by wealthy Investors

Investors either personally or through a company (as shareholder) or Senior Manager of a company that meets the financial criteria below, may apply or get the Cypriot citizenship through Naturalization by exception. Their family members may acquire as well the Cypriot citizenship but neither the spouse nor the children are obliged to meet any of the following financial criteria.

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Alternative Investment Funds (AIFs)

In July 2014 Cyprus has introduced the Alternative Investment Funds (AIF) in replacing the International Collective Investment schemes (ICIS) law 1999. An  AIF is a collective investment undertaking raising capital from investors with a view to investing it in accordance with the defined investment policy for the benefit of the investors. The  AIFs consist items such as, contractual structure where investors participate as co-owners of assets, or umbrella structures with multiple investment sections, allowing the management of different asset pools with separate investment policies and with ring-fenced assets and liabilities, or public offerings of AIF shares/units or listing of securities issued by AIFs, growing base, liquidity, marketability and transparency.
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Cyprus is among the best favourable Taxable countries

Cyprus is a competitive jurisdiction for registration of companies and frequently is used with other countries for international tax planning. Benefits of forming a Cyprus company are the following: the lowest rate of corporate taxation in Europe, an extensive Double Tax Treaty network, and favourable tax provisions which elevate Cyprus as a prime holding company jurisdiction. The below table outlines why Cyprus is among the best favourable Taxable countries in the EU. We have collected the 3 major types of taxation from all European countries. Continue reading…
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Cyprus Investment Firms

The Cyprus Investment Firm (CIF) is the regulated special purpose vehicle used by Investment Advisors, Portfolio Managers, Foreign Exchange Brokers and Market Makers as well as Binary Options companies to operate in Cyprus. Such firms obtain authorization and are regulated by the Cyprus Security and Exchange Commission (CYSEC) who in turn reports to the European Securities and Markets Authority (ESMA).

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A Foreign Company may redomicile to Cyprus

Under the Cyprus Company Law Cap 113 an amendment has occurred [with Law 124(I)/2006] which enables a foreign company to transfer its domiciliation (registered office, etc) to Cyprus and continue its corporate operations from Cyprus under the laws of the Republic of Cyprus.
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How Systems and Controls in an Automated Trading Environment protect the client.

There is no doubt that the current financial environment is strongly technology dependent which in turn has given rise to trading incredible volumes at very low costs. Information Technology has given the capability to investors to make informed decisions and invest in financial instruments nearly worldwide at the click of a button having even Direct Market Access, from home, real time and henceforth track the performance of their investments.
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