The Cyprus Companies Law is predominantly based on the English Companies Act and is compliant with all EU Directives. Companies registered in Cyprus enjoy full access to European markets and EU trade agreements. Cyprus has an attractive tax system with one of the lowest corporate income tax rates in the EU and an extensive network of over 60 double tax treaties worldwide.

Key advantages of Cyprus include: highly competitive tax system with one of the lowest corporate income tax rates in the EU and multiple incentives at both the corporate and individual level (click here to read more about Cyprus tax); an extensive double tax treaty network; good ease of doing business; effective regulation; advanced infrastructure and communications; human talent; and low set up and operational costs.

Sovereign acts as a partner to businesses and individuals considering investment into or from Cyprus through all stages of the investment cycle. We provide company formation and management services, together with the comprehensive advice to maximise opportunities and achieve long-term sustainability.

Sovereign Trust (Cyprus) is authorised by Cyprus Securities and Exchange Commission (CySEC) as an Administrative Service Provider (ASP). Our services range from domiciliary services – providing company secretary and professional directors for your company – to helping you manage your payroll, banking or intellectual property requirements.

Cyprus has developed into a key regional domicile for investment funds and fund managers. Sovereign can also assist with setting up Alternative Investment Funds (AIFs) and Undertakings for the Collective Investments in Transferable Securities (UCITS), as well as establishing asset management companies with a pan-European reach.

Under the principle of single authorisation – known as ‘passporting’ – a licensed Cyprus Investment Firm (CIF) is permitted to provide the services or perform the activities for which it has been authorised in any EU or European Economic Area (EEA) member state without further authorisation.

If you are interested in our Private Client wealth management services, please click here for our Private Client section.

Set up your company in Cyprus
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Please contact us if you have any questions or queries and your local representative will be in touch with you as soon as possible.