Cyprus has long been considered one of the best jurisdictions for holding structures. There is no withholding tax on dividends from subsidiaries if they meet certain conditions. Corporate tax is only 12.5%, one of the lowest in the EU. Registration is quick, especially if you use https://cyprusregister.com , which offers fixed packages with no hidden fees. Everything can be done online, from choosing a name to obtaining certificates. Physical presence is not required, but banking operations usually require a Cyprus office or secretary, which is included in the standard package. For holding companies, it's best to choose an extended plan, which includes accounting and legal support.