Companies Section & Offshore Section
The law office Lysandrou & Thoma L.L.C. offers extensive experience in corporate and commercial law gained both in Cyprus and internationally.
Areas of work covers: Formation, Registration, Administration of Cyprus and Foreign Offshore Company, Invoicing-Reinvoicing, opening L.C.'s, Management of Bank Accounts, Salaries Payrolls, International Tax Planning, Drafting of Contracts/Loan Agreements, Trust's etc.
Our services:
Our department deals with all matters relating to the registration, establishment and operation of Cyprus entities including companies, offshore banking units, offshore trusts, partnerships and representative offices of overseas corporations. Our department also deals with all matters relating to the registration of ships under the Cypriot flag, the incorporation and use of ship owning companies and the registration of securities.
We advise on the regulatory framework governing offshore-related activities and fiscal considerations relating to the operation of offshore entities including the substantial tax advantages and other reliefs and benefits which derive from domestic Cyprus legislation and from Cyprus double tax treaties. We provide nominee shareholders, local directors and secretary, registered office address, accounting and auditing services.
We advise and assist in the opening and operation of corporate and personal bank accounts in any currency with local banks.
Our offshore team of professional accountants and lawyers will be very happy to give you any further information or explanations you may require. Your enquiries will be given our personal attention and confidentiality will be maintained at all times.
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Cyprus join the Euro zone on January 1st, 2008
As a result of this, all Cyprus entities are required to convert their share capital from pounds to euro.The conversion to euro must be filed with the Registrar of Companies latest by the end of 2008.
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Foreign Investors Service Centre in Cyprus
The Investors Service Centre operates under the auspices of the Ministry of Commerce, Industry, and Tourism and aims at fostering foreign direct investments, attending foreign investors' needs as well as promoting Cyprus as an international business and investment centre.
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Establishing a Business in Cyprus
In order to enhance foreign investment intensity, the FDI policy has been liberalised for both EU and non-EU nationals. Subsequently, administrative procedures have been simplified and no limitations apply in most sectors of the economy, as per the minimum level of investment and the foreigners´ participation percentage.