Incorporate Cyprus Limited

09.02.2021 11:28

Again and again we receive the question from our longtime customers, why we have changed the parent company PIXPRESS into a Limited and how a Cyprus Limited can be founded and which advantages a Limited in Cyprus brings with itself. On this page we would like to inform you about some of the advantages.

The advantages of a Cyprus LTD:

As an entrepreneur, you pay only 12.5% capital tax on Limited income, pay yourself tax-free salaries up to €19,500 per year and tax-free dividends several times a year, and enjoy double pension points throughout Europe.

Is Cyprus a tax haven?

YES! Cyprus is considered THE tax haven of Europe and shines with numerous advantages for German entrepreneurs. The island is perfect for an emigration to build up a business there. You can find out more about Cyprus as a tax haven in our blog post.

Perfect geographical location:

Cyprus has a good geographical position. Thus, there are short winter and long summer months with pleasant temperatures. The vegetation is extremely diverse and the island in the Mediterranean shines with numerous attractions and opportunities. A direct flight from Cyprus to Germany takes only about 3 to 3.5 hours. There are three airports on Cyprus.

Proper planning makes all the difference:

If you are professionally flexible and only need a computer and internet for work, are a digital normad or have just founded a startup, Cyprus is the ideal emigration destination for young entrepreneurs. Because in addition to cheap rental accommodation and real estate prices in Cyprus, a wide range of culinary diversity and high quality, you get at the same time a job in the vacation paradise and tax advantages.

On the portal www.zypern.ltd you will find all the information you need to prepare and plan before emigrating, to set up a Cyprus Limited and all the useful information in a well-structured guide. You apply with this guide independently the Yellow Slip, register in the GESY health system and learn all useful tips & tricks to the company in Cyprus.

Cyprus is greener and more diverse than some believe, and a paradise for entrepreneurs & expatriates

Cyprus - long since ceased to be an island for questionable companies

Due to the Non-Dom program, which Cyprus guarantees each individual for 17 years, more and more German entrepreneurs are coming to Cyprus. Among them are consultants, successful Amazon FBA sellers and advertising agencies. Initially, there was a huge German community in Larnaca in the east of the island, but now the cities of Limassol and Paphos are also becoming increasingly sought after among German self-employed people. In addition to large community groups, people often meet in so-called regulars' tables in Paphos, Larnaca and Limassol. The language is Greek, but over 90% of the population can speak fluent English.

Hiking for kilometers all year round through the Akamas Nature Reserve, renting a buggy or boat?

For whom is a Cyprus Limited suitable?

A Limited from Cyprus is suitable for those who only need a laptop for their work and would like to live on the warm Mediterranean Sea.

How much does it cost to incorporate a Cyprus Limited?

For the legally secure formation of a Limited in Cyprus, one should assume about € 2,750. As share capital already one single Euro is sufficient. Via www.zypern.ltd you receive a €150 discount on the formation costs as well as numerous information, tips & tricks. The portal accompanies you already from the planning in Germany over the establishment of your enterprise up to the life on the island.

What is the cost of living in Cyprus?

Cyprus is not necessarily cheaper than Germany, but the quality of life and especially the low taxes are decisive for thousands of German entrepreneurs. Fresh, local vegetables are much cheaper and fresher, for a villa by the sea, with pool, three rooms and private garden you pay about 850-1,500 € per month. The largest information portal for CYPRUS.LTD has a large Germany Cyprus comparison and informs about possible cost traps and how to avoid them.

How do you have health insurance?

Cyprus has a statutory health insurance system, the GESY. There you are automatically registered as an employee of your Limited, and can visit doctors and hospitals. A GESY EU card is also available. For more comprehensive coverage, there are very good private international health insurance plans in Cyprus. Hereyou will find a big comparison of all providers with prices, scope of benefits and all information brochures.

How to plan emigration to Cyprus?

Preferably, as good and tidy as possible. Most emigrants to Cyprus already have a running business that needs to be renamed. There are ways to keep or apply for German phone numbers and also German bank accounts for your company. As a helpful online coach we recommend www.zypern.ltd - with this portal you can handle the mammoth tasks (dealing with authorities, changing contracts, finding relocation companies, applying for bank accounts, etc.) with ease and within a few hours. The portal was developed by the expert team of PIXPRESS LTD for our customers and interested parties.

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