Introduction One shareholder is required for the incorporation and continued existence of a Cyprus private company. The nationality of the shareholders is immaterial. Apart from the shareholder, a Cyprus company should have at least one director and one corporate secretary. The Cyprus Companies Law, Cap 113, as amended, allows for single member companies i.e. shareholder,...Read More

Under Cyprus tax legislation, Cyprus tax resident individuals are taxed on all chargeable income accrued or derived from all sources in Cyprus and abroad. An individual who is not a tax resident in Cyprus, is taxed on income accruing or arising only from sources within the Republic. Foreign taxes paid can be credited against the...Read More