How to establish and operate an International Business Partnership

Registration

The Central Bank of Cyprus requires bank references for the partners for the establishment of the International Business Partnership in Cyprus. These references are similar to those for the establishment of an IBC company as noted above.

International Business partnerships can be easily registered in Cyprus. Such registration can be completed within one week.

Documents to be provided to owners
Upon the incorporation of the partnership in Cyprus the partners will receive full documentation properly legalized and translated in English comprising of:

• The certificate of registration
• A list of partners
• The permission of the Central Bank of Cyprus

Management of the partnership
Our firm can also administer a partnership in the same way as we can administer an IBC company as noted above.

Taxation
Partnership profits are taxable or not taxable in Cyprus on the basis of permanent establishment.