Companies operating in regions where the local banking and administration infrastructure is not reliable can gain significant advantages from outsourcing this function in Cyprus. Further to the efficient banking system and tax beneficial regime of most of Cyprus, there is an abundance of qualified personnel within most of the professional disciplines to support even the most complex operations. The centralized administration and treasury management functions enjoy the advantage of a convenient time zone ensuring uninterrupted service to global operations.
The cost of running such a function from Cyprus is significantly lower compared to maintaining this in a country with a high cost of living. The administration and treasury management services can be provided by Focus Business Services, should the size of the global operations not justify the setting-up of a fully-fledged office in Cyprus.
Such a set up opens up possibilities for sophisticated transfer-pricing planning to minimize tax and optimize timing for the incidence of costs and profit generation.
For more detailed information about the Uses of Cypriot Companies by Corporations, please either scroll up or down this page (quicker) or click below to go to the relevant section:
Int'l Trading, Commission Agent & Service Companies | Investments | Holding Companies | Group Finance Companies | Royalty, Patent & Trademark Companies | Construction & Engineering | Internet & E-Commerce | Leasing | Printing & Publishing | Real Estate | Headquarter Companies | Administration & Treasury Management | Employment Companies | Executive Recruitment & Employment | Int'l Banking Units | Captive & General Insurance | Financial Services | Shipping & Ship Management
For more detailed information about the Uses of Cypriot Companies, please either use the main menu on the left or click below to go to the relevant section (quicker):
Uses by Corporations | Uses by Individuals | Non - Tax Uses