We provide corporate services relating to the incorporation, management and administration of companies in Cyprus. We advise on all company law matters and represent clients in corporate litigation where necessary.
We can assist with any issues that you might experience with Cyprus corporate law in order to help you with the establishment, development and running your business in Cyprus. We can help you with company registration services, including opening your business as well as purchase of a business in Cyprus.
Currently we are able to register your company without you visiting Cyprus, obtain your Cyprus tax id number and open your company bank account.
Our offices are experienced in advising on corporate transactions from shareholders’ agreements to mergers and acquisitions and all matters of ensuring running of a business in Cyprus.
We also can assist with additional services such as:
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Secretarial services
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Nominee directorship services
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Registered office address and related services
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Administration and management services
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Assistance with bank account opening
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Income tax registration and VAT registration
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Obtaining and renewal of employment permits and visas
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Applying for residency and start-up visas for senior staff
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Applying for the registration of trade names or trademarks
We can assist with the following main types of Cyprus companies:
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Limited Company (LTD- there is no minimum share capital requirement)
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Branch (Foreign company establishing a branch is responsible for all liabilities of a branch in Cyprus)
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Partnership (General ( 2-20 members) and Limited (at least one partner with unlimited liability)
A registered Cyprus company can be used for providing services, import and export purposes, online and tech startup businesses, financial companies, shipping companies, holding companies, etc.
FAQ
How long does it take to have a company registered in Cyprus?
Once all the documents submitted, it takes about 10-14 business days to have your company registered in Cyprus. The processing times might change. Please confirm with our offices
The future company name will need to be approved by the Registrar of Companies.
Other necessary steps are preparation of memorandums and issuance of company’s official documents such as registration certificates, shareholder certificates, office address documents, articles of association, application for TAX id number, and application for bank account opening in Cyprus.
Will I require an address in Cyprus for my company?
Yes, a registered address in order to setup a company in Cyprus is a must. This service can be provided by our offices.
How long does it take to open a bank account in Cyprus?
Once the company has been registered, it takes approximately 5-7 business days to open a bank account.
Do I need to visit Cyprus to register and setup a business?
The process can be done remotely and our consultants can take care of the registration process.
Benefits of registering a company in Cyprus are:
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12.5% - Corporate tax on the net profits
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19%-VAT
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No withholding tax on dividends
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Your confidentiality protected by legislation
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No corporate tax on all dividends earned by the Cyprus company for holdings stocks in other companies
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All profits from trading in securities such as shares, bonds, debentures, stocks etc. are free or tax
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2.5% tax on all profits, income, royalties from assigning, selling or granting of rights of your intellectual property.
The following approximate documents are required for Cyprus company registration::
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A certified (notarized, legible) copy of Passport or ID
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A certified copy or an original utility bill, as a proof of address
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A reference letter from a bank institution, lawyer or accountant for the good standing of the beneficial owners
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A recent resume
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Recent tax return
Some activities require necessary licensing, such as banking, pharmaceuticals, other financial activities, etc.