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Virtual Office in Cyprus A presentation brought to you by Lawyers-Cyprus.com 1

Virtual Office in Cyprus

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Virtual Office in Cyprus A presentation brought to youby Lawyers-Cyprus.com

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The Services of a Virtual Office in Cyprus • A virtual office in Cyprus provides

numerous services and some of these are:

a prestigious local address;

a local phone number;

voicemail services;

call redirection services;

fax number.

• Such services are very useful in a dynamic business environment.

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What is a Virtual Office in Cyprus?

• A virtual office in Cyprus represents a modern way of having a business presence in this country.

• The virtual office provides the communication means and address services such as mail without the need of an actual physical office.

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The Premises of a Virtual Office in Cyprus >>

• Investors who want to open a company in Cyprus can register a virtual office.

• One of the most important aspects referring to a virtual office is the prestigious business address, which provides credibility to the business partners on the Cypriot market.

• Our lawyers in Cyprus can assist in choosing an appropriate location.

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>> The Premises of a Virtual Office in Cyprus

• Moreover, investors can benefit from a mailbox, where they can receive, send and forward mail without the implications of postal office services.

• Investors can also require business meeting spaces and conference rooms.

• The virtual office is equipped with broadband internet connection.

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Advantages of a Virtual Office in Cyprus • When opening a Cypriot company, it

is very important to establish a budget for the respective activity.

• A virtual office has as a main advantage a cut in the overall costs incurred by the investor, due to the fact that the office/building itself does not fall under his or her authority.

• The virtual office in Cyprus will also offer the chance to expand in another city without a great impact on your expenses.

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Virtual Office in Cyprus: Paying Taxes >>

• Companies registered in Cyprus under the form of a virtual office have to comply with the regulations applicable under the commercial law.

• In this sense, the tax registration is similar with the one available for traditional companies.

• Virtual offices in Cyprus have to register for VAT.

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>> Virtual Office in Cyprus: Paying Taxes• A company incorporated in Cyprus

is liable to a set of taxes.

• Commercial companies are generally liable to the following taxes:

corporate income tax;

capital gains tax;

Value Added Tax;

dividend tax.

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Virtual Office in Cyprus: Additional Services

• The virtual office can offer additional services, available at the request of the investor, such as:

all-in-one fax-copier-printer;

advanced phone machines equipped with conference calling and video calling features;

extra usage of the meeting room.

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Business Consultancy in Cyprus

• When entering the Cypriot business market, it is advisable to receive assistance from a law firm in Cyprus.

• Our Cypriot law firm can offer consultancy for the company registration procedure, but also on accounting and taxation aspects.

• Moreover, our attorneys in Cyprus are trained to provide legal advice for a wide area of matters regulated by the Cypriot commercial law.

Thank you for your attention!

• For more information please contact us at:

(+44)203-287 0408 (for international clients)

[email protected]

www.lawyers-cyprus.com 11