Cyprus Company Formation

  • There are many reasons foreign corporations or entrepreneurs take the decision to form a holding company in Cyprus. Here we sum up the 8 most important reasons why they decide to form a holding company in Cyprus.

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  • How entrepreneurs and investors can establish legal entities, companies, partnerships, european companies, branch overseas companies in the republic of Cyprus.

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  • The company registration procedure in Cyprus is rather easy and fast. It can last up to 10 days, but usually is completed 6-8 days after the application submission.

    What are the main steps, and what you should know in case you are interested in forming a Cyprus company.

    To start with, the applicant has to collect all the relevant paperwork and certificates.

    • ID or Passport
    • A recent utility bill
    • A reference letter from a bank institution, lawyer or a licensed accountant to verify his personal details.
    • A completed questionnaire of our firm with three name choices for the new company.

    Note. We suggest that you discuss with our people the name choices before submitting, in order to avoid any rejection because of company name conflict.

    The next step is the submission of the company name to the Cyprus registrar office for approval.

    Usually in between 3 days the name is approved, so KTC will prepare the new company Memorandum and Articles of association according to the nature of the business and the will of the shareholders.

    cyprus company formation in

    At the next stage- usually on day 7 or 8 all the founding documents of the company are issued.

    Those include:

    • Company Registration certificate
    • Director and secretary certificate
    • Shareholder certificate
    • Registered office certificate
    • Memorandum and Articles of association

    As a last stage our firm will arrange the issuance of Cypriot Tax ID Number for the new company.

    We also proceed to the bank account opening on the name of the company.

    These are briefly the stages of the Cyprus company registration.

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    You can always contact our experts for more details about it. We will be more than happy to answer any questions and guide you towards your goals.

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  • Cyprus has been an attractive international business hub for few decades now due to tax advantages but now more incentives are available.

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  • Cyprus company formation is an easy a fast procedure. But what are the annual fees to the Cyprus government – Cyprus Registrar Department?

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  • In the this inforgraphic, we demonstrate all the relevant information regarding, the basic characteristics, the procedure of forming a Cyprus company, the documentation and time needed.

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  • Cyprus is becoming one of the top emerging investment fund centers in Europe, offering unique access to high-growth markets.

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  • The local tax favors high net worth individuals, investors, or entrepreneurs who want to setup a startup or relocate with their families or businesses due to the various tax benefits.

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  • The Cyprus tax regime is one of the Europe’s most attractive thus making the country a popular destination for big international firms to transfer their base, and operations.

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  • The advantages and disadvantages of doing business in Cyprus according to the report of the World Bank.

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  • What kind of partnerships are provided by Cyprus law and how they can be used. What is the procedure to for a Partnership in Cyprus?

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  • This journey is going to be tough. Mistakes will be made. That is fine. You have to be prepared and make less mistakes. Trial and error is a great way to learn, but having a path to follow until launch is a must strategy to success.

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  • The last few years international enterprises from various sectors have relocated and now operate under the European standards via Cyprus, enjoying security and at the same time attractive tax legislation.

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  • The country is a great jurisdiction for registration of intellectual property as it combines the copyright protection laws of European Union with the signed treaties and protocols that the republic has signed.

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  • The tax loss occurred after a tax year and which cannot be set off against other income is carried forward subject to conditions and is set off against the profits of the next five years.

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  • Many countries allow foreign companies to change their jurisdiction of incorporation. This kind of legislation permits the “re-domiciliation” of a company, meaning changing the "seat of incorporation" into or out of the jurisdiction.

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  • Many jurisdictions allow foreign companies to change their jurisdiction of incorporation. The legislation usually permits the transfer of a company's "seat of incorporation" into or out of the jurisdiction ‐ a process known as “re‐domiciliation”.

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  • The program aims to create new jobs, promote innovation and research, enhance the startup ecosystem and support the country’s economy.

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  • The program was launched to create jobs, promote innovation, research, develop the business ecosystem and support the economic development of the country. But how Cyprus Startup Visa helps and attracts foreign entrepreneurs?

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  • The local tax legislation along with the simplified procedures make the Cyprus company a very attractive base to operate. Cyprus is a home for some international colossal companies as well as for new startup due to the incentives announced in 2017.

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