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Doing business in Cyprus

The Cyprus Limited (Ltd) – overview

Low corporate tax, an EU legal form and simple administration: the Cyprus Limited is the central tool for tax-efficient entrepreneurship in Cyprus.

Legal form

What sets the Cyprus Ltd apart

The Private Company Limited by Shares – Ltd for short – is the Cypriot equivalent of the German GmbH and by far the most common legal form. It is a full EU corporation with its own legal personality, limited liability and access to the European market.

For tax it is convincing thanks to 15% corporate tax and – combined with the owner's non-dom status – almost contribution-free profit distributions. Recognition does, however, require genuine economic substance in Cyprus.

Cyprus Ltd – key facts

Legal formPrivate Company Limited by Shares
LiabilityLimited to company assets
Corporate tax15%
Min. shareholders1
Mandatory bodiesDirector(s), Secretary, Registered Office
AccountingAnnual accounts & audit required
Plus points

Advantages of the Cyprus Ltd

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Low tax

15% corporate tax – one of the most attractive rates in the EU.

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Non-dom distribution

Dividends to non-dom owners without the special defence contribution.

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EU company

Full market access, reputation and EU law – not offshore.

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Limited liability

Protection of private assets, as with a GmbH.

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International

Ideal for online, consulting and trading businesses.

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Manageable

Clear structures, English-language administration and banking.

Compliance

Ongoing obligations of a Cyprus Ltd

A Cyprus Ltd is not a set-and-forget construct but a real company with ongoing obligations: proper bookkeeping, an annual audited financial statement, tax returns, the annual levy/filings and maintenance of the UBO register. The mandatory bodies – director, secretary and registered office – must remain in place permanently.

These obligations are manageable but should be planned from the outset and ideally outsourced to a reliable partner. As part of our ongoing support we handle bookkeeping, deadlines and filings so your structure stays clean and recognisable.

Häufige Fragen

Fundamental questions about the Ltd

Is the Cyprus Ltd a letterbox company?

No – not if it is set up correctly. For the benefits to be recognised it needs genuine substance: local management, an office and real activity in Cyprus.

Do I need a residence in Cyprus for the Ltd?

For the full tax effect (non-dom) yes. An Ltd without your own move is possible but has a different, smaller tax effect and carries risks (CFC taxation).

Note: not tax or legal advice. A tax saving requires a properly set up structure with genuine economic substance. Figures as of 2026.

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