The favourable taxation levels of the Cypriote economy as well as the country’s strategic location in the heart of Europe and close to borders with Africa and the Middle East means many companies are looking to move to or expand into Cyprus as part of their long term strategy. Businesses looking to set up in this favourable economy and EU member state need more than just a few thousand Euros to invest. They need a business partner on the ground and someone who can be their eyes and ears in Cyprus whilst they are planning the move.
This is exactly what PHS Hadjizacharias offers their clients. Whilst their clients are busy finalising plans for the move or expansion, PHS set themselves up perfectly to be able to provide that insider advice that only someone in the country can offer. From finding a premises to helping to get the IT equipment set up and recruitment done, PHS offer a holistic consultancy to make business investment on the island as easy as possible.
Because many businesses are attracted to Cyprus because of the favourable corporate tax conditions – a level of 10%, which is the lowest in the EU – PHS make it their business to be on top of all the tax regulations to ensure they can advise their customers effectively. Their tax experts can help businesses design a tax structure which suits the business needs and makes their move to Cyprus as profitable as possible.
The business environment on Cyprus is also a very attractive proposition, with local businesses and communities welcoming to new investment on the island and foreign investors treated like locals. In fact, foreign investors have the right to up to a 100% equity share in any Cypriote company, a feature that is not possible in many EU states. Investors need to register their company with the Registrar in Cyprus, a process which is fairly straightforward but made a good deal more so with the expertise of PHS Hadjizacharias on their side.
Once registered the tax experts at PHS Hadjizacharias and their wide network of associates are able to provide a full turnkey solution to new business needs, from developing tax strategies and structures to performing feasibility studies and advising on business strategies. Their extensive range of services can also deal with everything from IT needs to business administration support.
As Vania Spyrou, Managing Director of S.M. Sunways Travel Ltd commented:
“PHS Hadjizacharias & Co. Ltd has been our business mentor. We have a lot of business coming our way, so helping us manage this process of growth has been essential. Having an objective person and someone to brainstorm with has been so valuable”
Businesses both in Cyprus and abroad can benefit from forging a partnership with this forward thinking and holistic business support service, not just for today but also for the future of the business.
Because many businesses are attracted to Cyprus because of the favourable corporate tax conditions – a level of 10%, which is the lowest in the EU – PHS make it their business to be on top of all the tax regulations to ensure they can advise their customers effectively. Their tax experts can help businesses design a tax structure which suits the business needs and makes their move to Cyprus as profitable as possible.
The business environment on Cyprus is also a very attractive proposition, with local businesses and communities welcoming to new investment on the island and foreign investors treated like locals. In fact, foreign investors have the right to up to a 100% equity share in any Cypriote company, a feature that is not possible in many EU states. Investors need to register their company with the Registrar in Cyprus, a process which is fairly straightforward but made a good deal more so with the expertise of PHS Hadjizacharias on their side.
Once registered the tax experts at PHS Hadjizacharias and their wide network of associates are able to provide a full turnkey solution to new business needs, from developing tax strategies and structures to performing feasibility studies and advising on business strategies. Their extensive range of services can also deal with everything from IT needs to business administration support.
As Vania Spyrou, Managing Director of S.M. Sunways Travel Ltd commented:
“PHS Hadjizacharias & Co. Ltd has been our business mentor. We have a lot of business coming our way, so helping us manage this process of growth has been essential. Having an objective person and someone to brainstorm with has been so valuable”
Businesses both in Cyprus and abroad can benefit from forging a partnership with this forward thinking and holistic business support service, not just for today but also for the future of the business.
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