European Companies formation

The European Company ( “Societas Europae” (SE)) is a European public limited company which can be formed in any Member State of the European Economic Area.

The formation and maintenance of an SE is governed by the European Statute which consists of two parts: a Regulation and Directive on employee involvement which has to be reflected in national legislations of the Member States.

The European Company must be registered in that country where it has its administrative head office. The incorporated company must be registered in the Registrar of the Member State and published in the European Company’s Official Journal.

The formation of a European Company in Cyprus has a range of advantages. There is the possibility to conduct its activities avoiding the complicated management of the Company governed by the regulations of different national laws.

The SE can transfer its registered office within the EU without winding up and re-registering in the different Member States.

For tax purposes the SE are treated according to the national tax legislation.

The low tax rate of 10% and the presence of an extensive range of double tax treaties make Cyprus the best choice for the formation of the European Company.