Cyprus Company Formation
The process of registering a Cyprus company is simple and straightforward.
Name application
To register a Cyprus company, one should first apply to the Cyprus Registrar of Companies to acquire approval of the proposed company name. The Cyprus Company Registrar may decline the use of a name if it is too similar to that of an existing company, or deemed too general or misleading.
The process takes approximately 2 – 3 days.
If you are in a hurry and you want to start your Cyprus company formation process the soonest possible, please see our list of preapproved Cyprus company names, from which you can make your selection.
Shareholders
The company's share capital is usually expressed in Euro, however it is also possible to express the share capital in another currency as well.
The Cyprus company formation process indicates that a company should have a minimum of one registered shareholder.
The shareholder(s) can be an individual, another company, a cypriot resident, or a foreign national. If owner anonymity and confidentiality are required, then the beneficial owners of the company may appoint nominees as registered shareholders to act on their behalf, while actual ownership always rests with the beneficial owners.
If you need a Cyprus company complete with full nominee services the soonest possible, without going through the Cyprus company formation process, please see our list of Cyprus shelf companies.
Directors
Each Cyprus company needs a minimum of one director.
Directors to the company could be either cypriots or foreigners. However, it is strongly advised that the majority of Cyprus company directors are cypriot residents, as this is a crucial factor in determining whether or not the company is deemed a Cyprus resident for tax purposes or not.
If you need a Cyprus company complete with full nominee and director services the soonest possible, without going through the Cyprus company formation process, please see our list of immediately available Cyprus shelf companies.
Secretary
Each Cyprus company needs to have a secretary. The secretary acts according to the instructions of the company directors and is responsible for the efficient administration of the company, particularly with regard to ensuring compliance with statutory and regulatory requirements, and for ensuring that decisions of the Board of Directors are implemented.
For reasons of practicality, the person usually appointed as company secretary is someone or a company controlled by the firm registering the Cyprus company.
If you need a Cyprus company complete with full nominee, director and secretary services the soonest possible, without going through the Cyprus company formation process, please see our list of immediately available ready companies.
Registered Office
Each and every Cyprus company needs to have a registered office in Cyprus. The registered office of a Cyprus company is the address where the company's official documentation is served. It is common practice to use the address of the firm that has registered the Cyprus company for this purpose. Alternatively, a Cyprus company may choose to set up its own management offices in Cyprus.
If you need a Cyprus company complete with full nominee, director, secretary and registered office services the soonest possible, without going through the Cyprus company formation process, please see our list of immediately available shelf companies in Cyprus.
So how can I start the process of registering my Cyprus Company?
The process of registering your company in Cyprus is easy and straightforward. Once we receive your instructions, we will file all necessary documents for registering your company. Once the process of your Cyprus company formation is complete, you will immediately receive a full set of company documents, enabling you to start your business transactions immediately. Company documents include: Certificate of Incorporation, Certificate of Company Registered Office, Certificate of Directors, Certificate of Shareholders, Company Memorandum and Articles of Association, and first company minutes. In the case that nominee services (nominee shareholders and/or nominee directors) are also required, relevant documents including trust deeds will be prepared to reflect this.
My company is now registered. How else can you help me?
After your Cyprus company formation process is completed, we will undertake to register your Cyprus company with the VAT and Income Tax Authorities.
We can provide a prestigious business address where you can receive documents by mail. You can even add telephone numbers, fax numbers, email addresses and secretarial support, giving clients and partners the option to contact your new company however you want. See the section Virtual Office.
We can also offer professional secretarial support: phone answering, message-taking, mail handling and any other administrative functions you need taken care of.
Finally, you can have a same day Cyprus Bank Account for your new Cyprus company, so as to immediately start trading.
Time Frame for Cyprus company formation
Cyprus company formation: 7 – 10 days.
If you are in a hurry and you need a Cyprus company today without going through the Cyprus company formation process, please see our list of immediately available shelf companies.
Republic of Cyprus
Location: Middle East, island in the Mediterranean sea
Languages: Greek, English
Currency: Euro
Time Zones: GMT + 2 hours
Legal System: primarily based on English law
* Subject to all necessary documents being promptly received by us.