Company Formation in Cyprus
Europe
Overview
Cyprus is a highly regarded European jurisdiction within the EU, known for its stable economy, flexible business laws, and an attractive tax regime. It offers a competitive 12.5% corporate tax rate, tax exemptions on dividend income for non-residents, and capital gains on the sale of shares, making it an ideal location for international business and holding companies.
Our Process
Step 1: Planning & Name Reservation
Define your company structure, capital, and identify directors/shareholders. Reserve your chosen company name with the Registrar of Companies.
Step 2: Document Preparation & KYC
Prepare all necessary incorporation documents, including the Memorandum & Articles of Association, director/shareholder details, and complete Know Your Customer (KYC) checks.
Step 3: Company Registration
Submit all prepared documents to the Department of Registrar of Companies and Intellectual Property for official incorporation.
Step 4: Bank Account & Tax Registration
Open a corporate bank account (often requiring substantial local presence) and obtain the company's Tax Identification Number (TIN) and VAT registration (if applicable).
Key Requirements
- Minimum 1 director
- Minimum 1 shareholder
- Registered local address
- Company secretary (must be a resident in Cyprus or a company registered in Cyprus)
- Annual audited financial statements