Form a Cyprus company
Incorporate a Cyprus company and become a tax resident with minimal physical presence requirement under the 60-days rule. We provide complete solutions including company formation, tax registration, and opening a corporate bank account.
Low Taxes
Corporate income tax rate of 12.5%. 0% tax on dividend and interest income.
Benefits for IP/Tech companies
Corporate tax rate of 2.5% for qualifying IP income.
Access to EU
Access to EU directives and EU VAT number.
Double Tax Treaties Network
Over 60 double tax treaties with reduced foreign withholding taxes.
Quick Setup
Incorporation time of up to 4 weeks.
Low Incorporation & Maintenance costs
Incorporation costs of approximately €2,000. €1,000 per year for accounting and audit fees.
Corporate Structures
The most common corporate structure in Cyprus is a limited liability company, offering minimum share capital and maintenance requirements.
Private Limited Company
No minimum share capital threshold. At least one shareholder and director required.
Public Liability Company
Minimum share capital of €25,630. At least seven shareholders and three directors required.
Foreign Branch
Subject to local laws. Appointment of a local representative is required.
Partnerships
Minimal requirements on corporate formalities. Offers structural flexibility including profit sharing.
Process
- Name Reservation: Choice of a unique name and its reservation with the Cyprus companies registrar.
- Preparing Corporate Documents: Drafting the Memorandum and Articles of Association.
- Company Registration: Submission of corporate documents and confirmation of incorporation by the registrar of companies.
- Corporate Bank Account: Opening a corporate bank account in Cyprus or internationally.
- Tax registration: Mandatory registration for a tax identification number (TIN), and if applicable registration of VAT or VIES.
Requirements
- Minimum 1 shareholder and director.
- Minimum 1 secretary (can be the same person as the director).
- Registered office in Cyprus.
- Mandatory filing of annual returns and financials.
Our licensed lawyers and advisors, will help you choosing the optimal company structure and take care of all of the above steps from incorporation to opening of a bank account. The process usually takes up to 2 weeks.