Cyprus has a favourable tax system for individuals and businesses, making it an attractive location for offshore banking. Cyprus operates a tax regime of 12.5% for corporate tax.
Strong Banking System:
The banking system in Cyprus is robust and well-regulated, providing a high level of security for customers’ deposits. Cyprus Banks are regulated by the Cyprus Central Bank which is also fully regulated by European Central Bank ECB.
Banks in Cyprus offer a range of currency options, including the euro, US dollar, and British pound, making it easier for customers to manage their finances in different currencies.
Access to International Markets:
Cyprus has a strong network of international banks, providing access to a wide range of financial products and services. This makes it easier for customers to invest in global markets and manage their wealth effectively.
Efficient Banking Services:
Banks in Cyprus offer a range of efficient banking services, including online and mobile banking, making it easier for customers to manage their finances from anywhere in the world.
Opening a Bank Account can be a relatively easy procedure. We always advice our clients to use our banking department for opening a bank account in the Cyprus Banks because the daily involvement makes to procedure a lot easier.
Steps for the opening a Personal Bank Account:
Click on the Article Simplified Guide to Opening a Bank Account in Cyprus to get advice on what documents are needed for opening a Cyprus Bank Account.
Requirements for opening a company account:
If you need any assistance, please feel free to contact us through the following form and we will contact you within 24 hours.