We will complete all procedures required, from A-Z, for the formation of the International Cyprus Company. In very little time you will be ready to begin your international activity.
What we will offer you Business advisory and tax consulting services, supporting you in all of your business operations and actions to be taken in Cyprus.
We will advise you during every step you make in order to help your company become profitable and to bring you
satisfaction with choosing us as your business advisors and tax consultants.
We will deliver the right consultation for your business and tax matters and will address all queries about Cyprus
You will feel secure and 100% certain that all activities related to the formation of the Cyprus company are legal and in accordance with applicable laws and rules regarding money laundering.
Our expert and competent tax consultant, Ex Inland Revenue Officer of Cyprus, and his team will answer all questions and address all inquiries regarding matters relating to incorporating a Cyprus company. We will prove to you that this procedure is 100% legal and safe.
For the formation of Cyprus Company, please provide all of the following:
1. Company name (three possible names)
2. Preparation of memorandum and articles of association − the main trade activities and scope
3. Shareholders, directors, and secretary
4. Share capital
5. Register office address
What is required in order to set up a Cyprus Company?
The Cyprus Company, under common circumstances, can be in the form of a Limited Liability Company with shares.
For the formation of a Cyprus Private Limited Liability Company with shares, the following information is requested:
1. Company Name:
Before you set up a company, you should gain approval for your company name from the Cyprus Registrar. The name of the company can be written with Greek or English letters with the word “Limited” at the end. It is required that you prepare a list of at minimum three possible names for approval.
2. Preparation of memorandum and articles of association:
Include all the details of the company’s common trade scope and objects that cover huge business trade activities.
The main objective is usually written in the first object article of trade (for example, shipping, business consulting, building
construction, or tourism).
3. Shareholders (dividends), directors, and secretary:
These can be any legal or physical person originating from Cyprus, Greece, or Europe or a non-Europe resident.
You should disclose all correct information about first and last name, correspondence address, occupation, nationality, and date of birth. In case you prefer anonymity, Cypriot Nominee Shareholders can be appointed.
Cypriot directors and secretaries are strongly requested in order to prove that they manage and control the company with a physical presence in Cyprus.
The tax bracket for a Cyprus resident company is 10% corporation tax.
Dividend tax is 17% for Cyprus tax residents residing in Cyprus for more than 183 days a year. If shareholders stay in Cyprus for less than 183 days per year, this proves that they are not tax residents in Cyprus, and therefore they pay 0% dividend tax in Cyprus.
4. Share Capital:
There is no minimum limit for share capital. General practice suggests that the minimum share capital will be €1.000 Euros, consisting of 1,000 shares, with a nominal value of €1 Euro each share.
5. Registered office address
Is the place where the directorship and decision-making process of the company is made. In order to be taxed in Cyprus, you should prove that management and control of the company is made in Cyprus.