Cyprus Company Formation

Limited Liability Company (LTD)

No taxation on internationally sourced income make it a popular choice for those looking to take investment.

Why choose a Cyprus company

Company structure

  • Only one shareholder (can also be a legal person, no nationality or residency restrictions)
  • Only one director (can also be a legal person, no nationality or residency restrictions but advisable to have locally based for purposes of tax residency)

Privacy

  • Beneficial owners’ details – shown on the public record, if you wish to keep this information private then please request a nominee service
  • Shareholders’ details – shown on the public record, if you wish to keep this information private then please request a nominee service
  • Directors’ details – shown on the public record, if you wish to keep this information private then please request a nominee service

Tax

  • According to Cyprus Tax laws, Cyprus Companies are considered to be Cyprus tax residents by default and are taxed at 12.5% on profit. However, non-resident Companies are not subject to Cyprus tax provided that the Company management and control are exercised outside Cyprus and the Company does not derive any income in Cyprus. It should be noted that in such case the Company might not take advantage of the Cyprus double tax treaties network.
  • Double taxation agreements concluded with: Austria, Armenia, Bulgaria, Belarus, Belgium, Canada, China, the Czech Republic, Denmark, Egypt, France, Germany, Greece, Hungary, India, Ireland, Italy, Kuwait, Kyrgyzstan, Lebanon, Malta, Mauritius, Moldova, Montenegro, Norway, Qatar, Poland, Romania, Russia, Singapore, Slovenia, South Africa, Sweden, Syria, San Marino, Serbia, Seychelles, Tadzhikistan, Thailand, Ukraine, United Arab Emirates, United Kingdom and USA.

Additional benefits

  • The directors and the shareholders meetings need not be held in Cyprus, there is also no requirement for an Annual General Meeting. All meetings may be held outside of Cyprus by means of other technology. Directors and shareholders may also choose to vote by proxy. 

ACCOUNTING

A Cyprus Company must submit audited financial statements to local tax authorities and the Registrar of Companies. The Company Law requires that a Cyprus Company maintain proper accounting records in accordance with the International Accounting Standards. The first reporting period can be up to 18 months from the date of incorporation and thereafter financial statements must be prepared annually. A Cyprus auditor is required to be appointed.

SECRETARY

Required

REGISTERED AGENT

Not required

REGISTERED OFFICE

Required

COMPANY NAME

  • Language: Any
  • Letters: From Roman alphabet
  • Company name must end with such suffix or it’s abbreviation: Limited
  • Restricted names: Any word that the Registrar considers undesirable.
  • Names Requiring Consent or a Licence: Asset Management, Asset Manager, Assurance, Bank, Banking, Broker (s) / Brokerage, Capital, Credit, Currency (ies), Custodian(s), Custody, Dealer(s), Dealing, Deposit(s), Derivative (s), Exchange, Fiduciary (ies), Finance, Financial, Fund (s), Future (s), Insurance, Lending, Loan(s), Lender(s), Option(s), Pension(s), Portfolio, Reserves, Savings, Security(ies), Stock, Trust, Trustees.

N.B.

  • Restricted connections for company name: name of state, national or local government.
  • Any name that implies illegal activity or implies royal or government patronage is restricted.
  • Registrar may reject any name which it considers undesirable or contrary to the public interest.
  • Company name is restricted to be identical or similar that of an existing company.
  • In case when foreign language is used for company name the translation may be asked by Registrar to ensure conformity to above listed restrictions.

Incorporation: 5 working days + delivery time for the courier

Minimum paid up capital: No minimum capital requirement

Cyprus Incorporation £1,700

(excl. VAT)

Cyprus Company Incorporation

Government Filing Fee

Digital Certificate of Incorporation

1 x Printed Certificate of Incorporation

Digital Memorandum & Articles of Association

1 x Printed Memorandum & Articles of Association

Buy Now

Getting Started

You must provide us with: 

  • A notarized copy of valid passport (of each Shareholder, Director, Beneficial Owner, Authorized Signatory)
  • A copy of proof of residential address (eg. utility bill of each Shareholder, Director, Beneficial Owner, Authorized Signatory that is not older than 3 months) in English

N.B.

  • If Shareholders and/or directors are legal persons, then it is required to submit full set of apostilled company documents and if company is operating more than 1 year it is required to submit certificate of Good Standing.
  • If documents are not in English language or language of particular country, then they must be accompanied by a notarized translation.

 CAPITAL

  • Amount of paid up capital

 COMPANY NAME

  • Three company names in order of preference

Upgrades

As standard we provide model Memorandum & Articles as per Companies House

If you provide us with a customised set of Memorandum & Articles

If you want us to provide you with a customised set of Memorandum & Articles

Bank Account Opening available 

Apostille

The legalisation and certification of an official document such as your Company Incorporation Certificate or Articles of Association.

Search

Use our simple online checker to see if your name is available.

Incorporate

Follow our step-by-step process to form your new company within 24 hours. 

Operate

Look through our various packages to begin to run your company the very next day. 

We Provide Free Unlimited Online Support

Help is never more than a click away, our advisers are able to answer any and all of your questions. 

Easy Access

No paper documents are required to be filled and all forms are available online. You will receive the original hard copy of the Incorporation Certificate by mail and all company documents (such as the memorandum & articles of association) will be easily available in PDF form online 24/7.

Google Ads

 

Get £50 worth of free Google Ad words credit to start the marketing of your new company. 

400,000

With our innovative and low-cost service, we have taken the difficulty out of establishing a new Limited Company. With expertise honed since 2004, our business specialists have the knowledge to provide a bespoke service catered to your new business’s needs. Over four hundred thousand companies have been incorporated with our pioneering low-cost electronic system.