Corporate Services

Rideo Group has expertise in providing complete business services and solutions in close cooperation with our longstanding partner, ASC Law Firm – a highly respected and experienced corporate law firm. Our collaboration enables us to work efficiently and to provide the highest standard of services in combination with a tailored approach that ensures that each and every client receives personalised professionalism that meets their unique requirements and expectations.

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Corporate Services

An in-depth understanding of the Cyprus business and government sectors and all their associated laws and procedures enables us to provide a full range of first-rate corporate & fiduciary services. This includes multi-jurisdictional company formations, provision of registered offices and correspondence addresses, provision of statutory officers (such as directors and company secretaries), as well as nominee services.

Trust and discretion are key qualities to our services, with clients entrusting us to expertly execute all manner of corporate, administrative or legal support required – from preliminary planning and structuring advice, to incorporation of companies, continuing with the day-to-day administration, accounting and audit, tax and banking management of the company.

Our lawyers can provide you with professional expertise and in the following areas:

  • Corporate Law
  • Taxation Law
  • International Trust Services
  • Cyprus Shelf Companies
  • Multi-jurisdictional Company Registrations
  • Certificates of Double Taxation
  • Banking Law (including Loan Restructuring and Liaison with Banks)
  • Commercial Law
  • Intellectual Property Law
  • Wealth Management and Asset Protection Services
  • Real Estate Planning and Trust Formation of HNWIs
  • Immigration Law, Residency and Citizenship
  • Contract Law and Sale of Goods Act
  • Company Management Services

Contact us directly for a consultation where we can discuss and present the best options available to you, and formulate a detailed plan that will yield optimum results.

Why Cyprus is the Right Choice for Business?

The Republic of Cyprus is fast becoming the preferred destination for business, thanks to a host of benefits and incentives that make it both an attractive and wise choice for work and living.

The island is a full member state of the European Union (EU), and is also a member of the World Bank (WB); the International Monetary Fund (IMF); the World Trade Organization (WTO); the Council of Europe (COE) and the United Nations (UN), and is signatory to many international conventions and treaties. As a former British colony and now one of the British Commonwealth countries, the legal structure and legislation of Cyprus are aligned with that of the UK’s legal system creating simplified business and legal procedures.

Thanks to its strategic location at the crossroads of three continents, the island is an international business hub and is also widely regarded as a gateway for the Middle East region to move goods inside/outside of European borders.

Some of the attractive corporate benefits that Cyprus offers include:

  • Pro-business government
  • One of lowest corporate tax rates in the EU at a flat rate of 12.5%
  • 0% tax on dividends and no Inheritance Tax
  • Exemptions for Cyprus Holding Companies
  • Extensive network of DDTs (Double Taxation Treaties) with over 50 countries
  • Bilateral investment agreements with an extensive network of countries
  • Quick and easy VAT registrations
  • Attractive financial gains for dividends, IP, interests, royalties, and others
  • No restrictions on nationality for ownership (100% foreign ownership)
  • OECD White List Jurisdiction
  • A legal system that is fully compliant with the EU
  • Favourable treatments on HNWI and for Non-Dom individuals
  • Significant tax reliefs for foreign employees
  • Low administration and operational costs compared to other EU countries
  • A progressive society where English is widely spoken and the workforce is highly educated
  • Excellent infrastructure and facilities across the board
  • High quality of living with favourable climate and low crime rate

Tax Planning Advisory

Smart tax planning is one of the key things an individual or business should do in order to greatly preserve personal wealth and maximise business profits. Rideo Group in cooperation with ASC Law firm is ideally positioned to offer tailored tax planning advice to ensure that you are taking full advantage of all the tax breaks and benefits available to you.

As your trusted advisor, Rideo Group is fully aware of the complexities of the various tax departments and is experienced and adept at navigating them on behalf of clients.

Through our extensive experience – and in cooperation with our vast international network – we are able to undertake all the relevant registrations and paperwork for a hassle-free experience.

Some of our Tax Planning Advisory services include:

  • International and local tax planning, and completion and filing of annual returns
  • Properly utilising DTTs (Double Taxation Treaties)
  • International corporate tax planning for investment or trading groups
  • International group structuring and restructuring
  • Residence issues (for both individuals and companies)
  • EU VAT – VIES and stamp duty
  • Tax risk assessments & assistance with local Revenue investigations
  • Inward investment and re-domiciliation planning
  • Estate and succession planning
  • Expatriate/employment tax consulting
  • Non-domiciliary tax services
  • Payroll services
  • Transfer pricing issues
  • Setting up of branches (Permanent Establishments)

Contact us for an in-depth consultation where we can explore your available options. By guiding you towards the best solutions through smart tax planning, we can ensure that you are not paying higher rates of tax unnecessarily.

Company Management Services

Rideo Group in cooperation with ASC Law firm can offer complete and ongoing Company Management Services that make the setting up and day-to-day running of a company easy and hassle-free.

We can undertake all aspects of your corporate company with tailored solutions that allow clients to select which of the services best suit their needs.

From banking and drafting agreements, to corresponding with customers, suppliers and external advisors on your behalf, your corporate entity will have a highly-professional ‘face’ that will boost its credibility and reputation.

Rideo Group offers various service packages for both the initial set-up of a company, and ongoing, full services for its smooth operation. Our solutions are cost-effective and in turn will help to fully maximise your efficiency and profits.

Services include:

  • Banking services, from initial opening of accounts to day-to-day banking, issuing of invoices, and maintenance of a company’s financial books and records
  • Complete virtual office services / Substance solution
  • Company management and administration/ Nominee services/ Secretarial Services
  • Accounting and auditing services

Wealth Management and Asset Protection Services

Your wealth and assets are something you have worked hard to accrue and as such require proper and correct handling to ensure that they are safeguarded. It is very easy to follow the wrong path or to fall victim to creditors or people close to you who seek to jeopardize your wealth. As such, it is extremely important for high net-worth individuals to seek the advice of trusted and experienced experts such as Rideo Group in cooperation with ASC Law Firm.

Consulting with you, we conduct an in-depth analysis of your assets and any risk factors to find solutions on how best they can be protected.

As your trusted advisor, Rideo Group can advise on important business deals and facilitate them on your behalf, also acting as your lawyer. We can also act as a mediator regarding issues of succession and wealth transfer.

Our services include:

  • Estate and succession planning
  • Family Office services (business, investment and personal concerns)
  • Escrow services
  • Investment advisory
  • Cyprus International Trust setup (advisory, implementation and management)
  • Property acquisitions under entity structuring
  • Private banking introductions
  • Yacht registrations

Citizenship By Investment

Rideo Group in cooperation with ASC Law Firm provides a one-stop-shop solution for investors who wish to obtain a Cyprus passport for themselves and their family, granting them full citizenship of an EU member state, which in turn opens the gate to the rest of Europe and the world.

We can assist in making the process expedited and simple so that you will very quickly have citizenship status and a Cypriot passport within six months of applying. We undertake all paperwork and will update you every step of the way on how your application is progressing.

Thanks to a pro-investment government, obtaining Cyprus citizenship and a passport simply requires an investment of €2 million for three years. There is no requirement to reside in Cyprus, and the investor’s family (spouse, all financially dependent children up to 28 years old and all next generation) are also entitled to citizenship and a passport. This means that the whole family can freely reside, work, study in, or visit any EU member state without visa requirements – along with Switzerland, Liechtenstein, Norway and Iceland.

Furthermore, the investor’s parents are also entitled to apply for citizenship provided that they are owners of a Cyprus permanent residence of at least €500.000.

An investor is free to choose their investment from a wide choice of options, or a combination of them:

  • Residential properties
  • Commercial properties
  • Development projects
  • Purchase or creation or participation in Cypriot businesses or companies
  • Investment funds, financial assets of Cypriot businesses or organizations
  • Government bonds (maximum €500.000; the balance €1,5mln should be invested in other options like property)

Contact us now for information on what procedure is required on behalf of the investor, and how to make an investment that will lead to citizenship – or how to use your current investment to apply. Our services are discrete and professional and can advise on the best way to approach investment in Cyprus.

Contract Law and Sale of Goods Act

Rideo Group in cooperation with ASC Law Firm can provide an extensive range of services that will provide you with an impartial, professional and trusted representative for the execution of a variety of contractual matters both in Cyprus and internationally.

Buying & Selling: Whether you require contract work for the purchase or sale of property, business, company acquisition or any other commodities as a local or a foreigner, we can assist in the entire process. Our complete services also span assistance in any issues that may arise regarding the transfer of property and in the case of rental agreements. We can also offer assistance in the valuation of real estate, ships, yachts or businesses.

Wealth & Asset Protection: We can stand by your side as a trusted and impartial management and wealth protection advisor for existing assets, or via trusts in Cyprus, or through international trusts or foundations.

Residency & Citizenship: We have expertise in the processes and procedures required for the smooth application for a Cyprus Permanent Residence title and the fast-track Cyprus citizenship and passport, which can be obtained in under six months.

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