ELIXOS provides personal and corporate financial services
tailor-made to fit you or your business.

We are providing leading business services
Save your time, make money

The profession suppport your business
needs to thrive - everywhere

COMPANY FORMATION AND MANAGEMENT

Cyprus offers unparalleled advantages for investors wishing to set up a business here to conduct their international activities, including highly specialised professional services, modern infrastructure, a favourable and investor friendly tax regime, modern laws and a significant network of bilateral and multilateral conventions and treaties with other countries. Because of all these advantages, Cyprus has become the ultimate business centre of the world.

Currently companies registered in Cyprus as offshore and local companies benefit from the 12,5% primary corporate tax rate, one of the best rate in Europe.

When forming or establishing a company in Cyprus, our Firm will handle all the process from the very beginning, including:

  1. Reserve the Company name and get initial approval from the Registrar of companies
  2. Prepare the Memorandum and Articles of Association
  3. Submit documents at the Companies Section of the Department of Registrar of Companies and Official Receiver
  4. Register at the Tax Department for Tax & VAT
  5. Register for Social Contribution at the Ministry of Labor, Welfare and Social Insurance

OFFICE SERVICES

Our virtual office service provides to clients all the comforts of a modern and pleasant working office on an as-needed, temporary, or permanent basis. Virtual office services can be tailor-made to support any type of business and can include:

  • Use of postal and mailing address for your business
  • Mail acceptance and forwarding
  • Secretarial and reception support
  • Fully furnished offices and conference room facilities

BANKING SERVICES

Our Firm can assist you in opening a bank account in various jurisdictions, such as Cyprus, Switzerland, Bulgaria, Hungary, Portugal, Liechtenstein, Luxembourg and Mauritius

Requirements to open a Bank Account:

  • Certified true copy of the signature and photograph page or pages that are clear and obvious, of the current passport of the Beneficial Owner/s, director and bank signatory if different
  • Certified true copy of a recent utility bill, or identity card showing the Beneficial Owner/s address, director and signatory if different
  • Bank reference letter of the Beneficial Owner/s, director and signatory, if different
  • CV
  • Certified or Apostiled copies of all the statutory documents of the legal entity
  • Certified of Apostiled Certificate of incumbency or Extract from the Trade registry showing the names of the shareholders and directors, or if not applicable then the following are required:
    • Certificate of Registered address
    • Certificate of Director and Shareholders
    • Certificate of Good Standing
  • Share Certificates

TAX SERVICES

  • Tax Planning
  • Transfer pricing
  • Country by Country Reporting
  • Personal Tax Services
  • Fiscal Representation
  • Tax rulings

VAT & FINANCIAL ADVISORY SERVICES

With our Firm, you can assign any or all of your accounting functions to us, such as:

  • Accounting and Bookkeeping
  • Preparation of Financial Statements
  • VIES registration
  • Preparation and submission of VIES returns
  • Deregistration of VIES registered companies
  • VAT registration
  • Preparation and submission of VAT returns
  • Deregistration of VAT registered companies

IMMIGRATION SERVICES

Our Firm undertakes all immigration procedures in Cyprus either for residency or employment such as yellow slip, BCS, Pink slip, all categories of licenses for all permits.

More importantly we fully take over the process of naturalization of foreign investors in Cyprus through the “Cyprus Citizenship by Investment Program”. The Cyprus Citizenship by Investment program grants full Cyprus citizenship to those who invest at least €2.5 million in a qualifying investment. As a Cyprus citizen, the qualifying investor would be entitled to live, work and/or study in any of the 28 countries in the European Union.

The qualifying investment opportunities for the Cyprus Citizenship by Investment program include:

  1. Government Bonds – investors should make an investment of at least €5 million in Cyprus Government bonds. In addition, investors are required to maintain the purchased bonds for at least 3 years
  2. Financial assets of Cyprus companies or organizations
  3. Real estate, land development and infrastructure projects
  4. Purchase, formation, or participation in a Cyprus business
  5. Deposit of the qualifying funds in a Cyprus Bank
  6. A Mixed investments of the above.