Forex Trading Companies
Start a forex trading company in cyprus with tax advantages & easy registration to maximise your profits
The setting up of a Forex company is more complex than the setting up of an ordinary company as it is then classed as a Cypriot Investment Firm (CIF) and must comply with the laws regulating such activities as well as the Cyprus Companies Law.
The first step would be to incorporate a normal company and after this, an application must be made for obtaining a Forex Trading Company Licence (a CIF – Cyprus Investment Firm – Licence), which is governed by the Cyprus Securities and Exchange Commission (CYSEC).
We have a wealth of expertise in this process so you can be sure that your business will be in very good hands!
Important Things You Should Know
FAQ
To set up a Forex trading company in Cyprus, the process involves:
•Incorporating a regular Cyprus company.
•Applying for a Cyprus Investment Firm (CIF) License, which is regulated by the Cyprus Securities and Exchange Commission (CYSEC).
•Meeting the compliance requirements under the Cyprus Companies Law and other applicable regulations.
A CIF License is a mandatory regulatory requirement for companies engaging in Forex trading or other investment activities. It is issued by CYSEC and ensures that the company complies with strict standards related to transparency, financial security, and legal operations.
The timeframe can vary depending on the complexity of the application and the preparedness of the documents, but generally, it can take 4–6 months to secure a CIF License after company incorporation.
Cyprus offers one of the most favorable tax regimes in the EU, including:
•A corporate tax rate of 12.5%.
•Access to double tax treaties with multiple countries.
•No tax on dividends received from foreign entities.
•Exemption from capital gains tax (under specific conditions).
A Forex company in Cyprus must:
•Maintain sufficient capital adequacy as per CYSEC regulations.
•Submit regular financial and compliance reports.
•Implement anti-money laundering (AML) measures.
•Appoint qualified personnel for key positions, including compliance and risk officers.
Connor Corporate Services Ltd provides end-to-end assistance, including:
•Incorporating the company.
•Preparing and submitting the CIF License application.
•Ensuring compliance with all regulatory requirements.
•Offering ongoing legal and corporate governance support to maintain regulatory standards.
Let’s Build Your Success Together
Get in touch with our experts today and discover how we can support your business growth.