Physical substance in Cyprus
If substance is implemented by international business companies, it can lead to significant benefits, including the minimization of chances for disputes concerning the purpose of the operation by foreign tax, and other authorities. Considering the ever intensifying initiatives around the world against superfluous establishments, such as the so called de-offshorisation in Russia and the Base Erosion and Profit Shifting project by the OECD, the need to adopt the correct structure, with adequate resources in relation to the type and volume of business activities, becomes more imperative than ever before.
Cyprus remains an attractive jurisdiction for companies setting up European headquarters, due to its low rate of corporation tax, its favourable reliefs/credits on certain activities, and due to its infrastructure and skill set.
Having substance nowadays is a vital tax planning tip. The better substance you have the more solid your tax structure will be.
Having in mind our clients' best interests we ensured that substance is included in the package of services that Anastasios Z. MYLONAS & Co LLC offers, through our privately owned and high technology offices we have the ability to provide you with real substance in Cyprus, through the use of office services, including office facilities and manpower with or without your physical presence in Cyprus.
Through dedicated, well-trained, educated and multilingual corporate personnel we can handle your needs according to your instructions, responding to telephone calls and mail/fax forwarding.
The "Office" combination package includes..!!
- Prestigious business address in the very center of Larnaca town, on Lordou Vyronos Street for your correspondence, business cards, letterheads, corporate website, etc;
- Telephone line, personal telephone service in Cyprus, phone answering in your company name and salutation, and voicemail;
- Mail forwarding, fax line, copy, scanning and email services;
- Office space, meeting rooms, admin staff and receptionist services, cafeteria and lunch services (only by 3 days notice);
- Your own branding and signs in your office.