Cyprus Company. Cyprus Company Registration

Worldwide Incorporation Services specializes in Cyprus company registration and opening bank accounts.

Cyprus Company Formation

 

General Information about Cyprus Company

Advantages of Cyprus Company Formation

    • European jurisdiction
    • Advantageous vehicle for International Tax Planning and use
    • 0% tax on Dividends received (Dividends received by a Cyprus Company, on certain conditions, are free of tax making Cyprus the most competitive jurisdiction for holding companies)
    • 0% withholding tax on Dividend payments (Dividends payable by a Cyprus resident company to its foreign shareholders (whether a company or individual) are not subject to any withholding tax in Cyprus)
    • Full tax exception on the payment of dividends to its non-resident shareholders and has a real advantage over the other traditional holding jurisdictions
    • No capital gains tax is paid on the transfer of immovable property owned by a Cyprus Company abroad (outside Cyprus)
    • 12, 5% Taxation for tax resident companies. (Starting from accounting period of 2014)
    • 0% Taxation for NON tax resident companies
    • Double Tax Treaties (Cyprus has signed a considerable number of Double Taxation Treaties with various countries, to avoid the double taxation of income earned in any of the two contracting states)
    • A minimum of one director is required for a Cyprus company formation. Director can be of any nationality and need not be resident, but Cypriot advisable for purposes of tax residency corporate directors are permitted
    • A minimum of one shareholder is required for a Cyprus company formation
    • Nominee Shareholders and Nominee Directors Allowed

Cyprus Company Formation. Legislation

Principal Corporate Legislation

Companies Law, Cap 113, as amended.

Type of Law

Civil with many English Common Law influences.

Language of Legislation and Corporate Documents

English and Greek.

Cyprus Company

Type of Company for International Trade, Investment & Tax Planning

Cyprus Private Limited Company.

Share Capital

Standard authorised share capital is EUR 1,000. Minimum paid up share capital is EUR 1.

Classes of Share Available

Registered shares, preference shares, redeemable shares and shares with or without voting rights.

Bearer Shares

Not permitted.

Restrictions on Trading

Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required

Each Cyprus company must have a Registered Office in Cyprus.

Secretary

Each Cyprus company must have a Secretary in Cyprus.

Directors
A Cyprus company requires a minimum of one director. Director can be of any nationality and need not be resident, but Cypriot advisable for purposes of tax residency Corporate directors are permitted.

Shareholders

A Cyprus company requires a minimum of one shareholder.

Publicly Accessible Records

Yes.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere, but Cyprus advisable for purposes of tax residency.

Personal Presence Required

No.

Taxation

The corporate tax rate is 12.5%.

VAT

A Cypriot company trading from Cyprus may be registered for VAT purposes and the VAT prefix will be ‘CY’.

Double Taxation Treaty Access

Azerbaijan, Armenia, Austria, Bulgaria, Belarus, Belgium, Canada, China, Czech Republic, Denmark, Egypt, France, Germany, Greece, Hungary, India, Ireland, Italy, Kuwait, Kyrgyzstan, Malta, Mauritius, Moldova, Norway, Poland, Romania, Russia, Singapore, Slovakia, Slovenia, South Africa, Sweden, Syria, Thailand, Ukraine, United Kingdom, USA, Uzbekistan.

Requirements to File Accounts

Yes.

Audit Requirements

Yes.

Currency

Euro.

Exchange Control

None.

Time required for Cyprus Company Formation

Two weeks, subject to name approval.

Cyprus Company Formation – Name of a Company

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Cyprus Company

The name of each Cyprus company must end with the word “Limited” or “Ltd”.

Cyprus Company Registration – Packages


Packages

COMPARE PACKAGE FEATURES

Corporate Consultancy

Name Check

Initial Approval

Preparation of Application Documents

Drafting of M&A in Greek and English

Company Registration

Incorporation Service Fee

Registered Office Address for 1 Year

Company Secretarial Services for 1 Year

Certificate of Incorporation in Greek

Certificate of Incorporation in English

Certificate of Registered Address

Certificate of Director & Secretary

Certificate of Shareholders

First Resolutions of the Shareholders 

Register of Directors & Officers

Registers of Shareholders

Share Certificate

Consent to Act as Director

Consent to Act as Secretary

Company Stamp

Daily Update Regarding The Full Process

Certificate of Incorporation in English with Apostille

Certificate of Registered address with Apostille

Certificate of Director & Secretary with Apostille

Certificate of Shareholders with Apostille

M&A in Greek and translation into English with Apostille

Local Nominee Director (Cypriot Resident)

Nominee Agreements

Nominee Shareholder

Declaration of Trust

SILVER

EUR 750

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

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-

-

-

-

-

-

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GOLD

EUR 1950

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

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PLATINUM

EUR 2250


Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

 
* Annual Levy EUR 350 is not included (payable to the Registrar of Companies every year). Tax Identification Code (TIC) registration EUR 175 is not included.

Need Help Choosing the Right Package?

Submit an enquiry or request a confidential callback or chat with us.


Why Choose Worldwide Incorporation Services?
  • We’ve been helping business owners since 1998
  • Incorporating your business is our focus
  • We make a complex process fast and easy
  • We work closely with Cyprus Companies Registry to guarantee our service

Ready-Made Cyprus Companies

This is a list of ready-made and approved company names available as of today.

PHARENTACO LTD Approved € 1990
HARVESTICA LTD 20.01.2017 € 1990
PREDERICA ENTERPRISES LTD 07.04.2016 € 1990
FIRST EUROSTAR TRADING LTD 26.01.2016 € 1990

How To Buy a Shelf Company in Cyprus
To buy a shelf company in Cyprus please contact one of our offices or submit an online enquiry.

SUBMIT AN ENQUIRY

Cyprus Company Formation – Office Addresses

 

Services related Cyprus Company Registration | Cyprus Offshore Company

Worldwide Incorporation Services provides the following services related Cyprus Company Registration:

  • Cyprus Company Formation
  • Registered Office Services
  • Secretarial Services
  • Nominee Shareholder / Nominee Director
  • Opening of Bank Accounts in Cyprus
  • Full Cyprus Company Administration Services
  • Mailing Address in Cyprus
  • Virtual Office in Cyprus
  • Bookkeeping & Audit
  • VAT Registration
  • EORI Registration
  • Trademark Registration
  • Family Office in Cyprus

Worldwide Incorporation Services | Cyprus Offshore Company | Cyprus Company Formation

 

Free Initial Consultation
Call to any of our offices for your free initial consultation.


How to proceed
To start your business in Cyprus please contact one of our offices or submit an online enquiry.

GET YOUR BUSINESS STARTED IN CYPRUS

Why Our Company is the Best Choice for Cyprus Company Formation and Administration?
Click here to find out some reasons for that.


Questions? Need advice?

Submit an enquiry or request a confidential callback or chat with us.

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