WHY CHOOSE Cyprus FOR YOUR BUSINESS?
Explore the unique advantages that make Cyprus a top choice for
global entrepreneurs and investors.
TAX EFFICIENCY
Cyprus offers one of the lowest corporate tax rates in the EU at just 12.5%.
HIGH PRIVACY PROTECTION
High level of privacy with non-public shareholder information.
SIMPLE SETUP PROCESS
Get your company up and running in just 7 business days.*
STRATEGIC EU LOCATION
Access the European Union market from a strategic business hub
INCORPORATE YOUR COMPANY IN Cyprus
IN 5 SIMPLE STEPS
IN 5 SIMPLE STEPS
1
COMPLETE OUR APPLICATION FORM
2
UPLOAD DOCUMENTS
3
COMPANY GETS INCORPORATED SUCCESSFULLY
4
ADDITIONAL SERVICES ARE PROCESSED
5
MANAGE YOUR COMPANY VIA OUR CLIENT PORTAL
GET STARTED
Cyprus OFFSHORE
COMPANY FORMATION
COMPANY FORMATION
Taxes in Cyprus
VAT in Cyprus
Residence in Cyprus
Good to Know
Following the Cypriot economic crisis of 2012-2013, Cyprus’ economy is steadily recovering. In 2014, the Cypriot economy continued to exceed expectations due to the resilience of key sectors of its economy, such as financial services, tourism, and business services. In the second quarter of 2015, the Cypriot economy recorded growth for a second consecutive quarter — a significant development that confirms that the economy is well on the road to recovery as well as its positive prospects. In September 2015, Standard & Poor’s Ratings Services raised its rating on Cyprus by one notch saying the country’s economic and budgetary performance has exceeded its expectations.
Main Characteristics
Company type
Private Company limited by share.
Corporate legislation
The Cyprus Bar Association is the governing authority and companies are regulated under the Cyprus Companies Law, Cap. 113.
Information published relating to company officers
Upon registering your company in Cyprus, company officers name will appear in the business registry, however, nominee services are available.
Accounting requirement
Yes
Taxation
Legislation
Modern offshore legislation
Standard Currency
Euro
Time to form
Cyprus has an efficient Registry : 7 days formation time (upon validation of your identification documents).
Stability
Stable jurisdiction with very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT+2
Secretary required
Yes
Paid up capital requirement
No paid up capital requirement. The standard share capital is EUR 1,000 but can be amended to fit your requirements.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal system
Under Common Law.
Minimum directors/shareholders
A minimum of 1 director/shareholder suffice for incorporation.
Bearer shares
Bearer shares are not permitted.
Documents Required
A notarised copy
of your passport, a notarised copy of proof of domicile dated less than three months, an original personal bank reference letter mentioning good standing of the account since at least 2 years dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**
of your passport, a notarised copy of proof of domicile dated less than three months, an original personal bank reference letter mentioning good standing of the account since at least 2 years dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**
CUSTOMER
TESTIMONIALS
TESTIMONIALS
WHY BUSINESSES CHOOSE US FOR COMPANY FORMATION
December 18, 2024
Fast and reliable service. Account manager was responding fast and always to the spot. 
October 17, 2024
Helpful, proactive and good communication and very fast delivery of the requested service. Excellent!
September 19, 2024
Brilliant assistance, always swift and professional replies, generally speaking... happy with SFM
August 2, 2024
The service renderade was proactive, engaged and well excecuted.
READY TO SET UP YOUR Cyprus COMPANY?
Take the first step toward a successful business setup in Cyprus with trusted support every step of the way.
Start my company formation
FREQUENTLY
ASKED QUESTIONS
ASKED QUESTIONS
Have questions about starting your business with SFM? We’ve got
answers. Here’s everything you need to know about our company
formation process, pricing, and ongoing support.
-
What type of company do you register in Cyprus?
The type of company that we form in Cyprus is known as a Private Company Limited by shares (LTD) and it is regulated under the Cyprus Company Law Chapter 113. A private company limited by shares (LTD) is the most commonly used Cyprus company type for commercial and private businesses in Cyprus. -
Is a Cyprus Private Company Limited by shares (LTD) tax liable?
Please refer to our complete guide about a Cyprus limited company taxation. -
Do I need to submit accounts for a Cyprus Private Company Limited by shares (LTD)?
Yes, an annual return must be filed annually with the Companies Registration Office regardless of whether the company has traded or not. SFM, through its partners' local accountants can take care of this formality for you.
We will contact you in due course and ask you for documents to be able to produce accounts on your behalf. Documents requested are generally bank statements, invoices, and receipts. -
Will my data be publicly available in Cyprus?
Cyprus company officers’ names are publicly available to check online. -
How many directors and shareholders should I appoint to my Private Company Limited by shares (LTD)?
A minimum of 1 director and 1 shareholder should be appointed to setup a Cyprus limited company (LTD). The maximum allowed number of shareholders is 50, while an LTD company can have only one single director. Additionally, the appointment of a local company secretary is mandatory by law in Cyprus. Our company SFM, through its local partners can take care of this formality for you. -
Will my liability be limited if I register my company as a Private Company Limited by shares (LTD) in Cyprus?
The shareholders’ liability in a Cyprus limited company (LTD) is typically limited to the amount of shares respectively held by them. -
Do I need to deposit the paid up capital for a Cyprus limited company (LTD)?
No, there is no paid up capital requirement. The standard share capital is EUR 1000 but can be amended to fit your requirements. -
Do I need to travel at any stage to form a company or to open a bank account in Cyprus?
No, everything can be processed remotely. However, it is recommended to travel to meet the bank and to discuss your business requirements.
Still have questions?
TALK TO AN EXPERT
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