Company Registration In Cyprus
                     
COMPANY REGISTRATION 
IN CYPRUS
Incorporation in Cyprus
 Basically, the incorporation procedure in 
Cyprus is same for all business entities 
having a simple and straightforward 
structure.
 Cyprus is considered as European 
Business Hub as it provides major 
benefits to the foreign investors such as 
low tax haven, a stable economy and a 
welcoming territory for any type of 
investments.
...contd.
 In Cyprus, company incorporation 
procedure consists drafting of the articles 
of association and other required 
documents such as signatures, passport 
copies, forms etc.
 It may also be required from the new 
owners to go to a local public notary and 
to find an office for their company and 
set up a bank account and Cypriot 
accountant may also be required.
Benefits of Incorporation in 
Cyprus
 The procedure is same for all businesses 
having a simple and straightforward 
structure.
 It is a low tax haven.
 It is one of the most stable economies in 
the world.
 It has a welcoming territory for any type 
of investments, be it sea or maritime 
investment or land investment or any 
other type of investment.
Types of Companies
In Cyprus, 
company can 
either be public or 
private; it depends Types of Companies
upon the types of 
shares and the size 
of the company. Private Public Limited Limited 
Both of these Companies Companies
companies can be 
established by one 
or more 
shareholders.


...contd.
 For Private Limited Companies there is no 
requirement of minimum initial capital. 
Whereas in case of public limited 
company, there is a requirement of at 
least 15,000 EUR.
 Branch, Subsidiary or Representative 
Office can either be formed separately 
from the parent company or as an 
extension of it. Requirements of each 
structure have to be met by the founders.
Private Company Limited By 
Shares
 In Cyprus, private company limited by shares 
is the common type of company founded by 
one or more partners but up to 50.
 The basic requirement is that company must 
have a registered office in Cyprus and also a 
local company secretary.
 Under this, there is no requirement of 
minimum capital. Shareholders subscribe 
shares which can be monetary or non-
monetary given nominal value and cannot be 
transferred.
...contd.
 Members of this type of company shall 
be liable for the company's debts and 
obligations only Litmoi tst he extent of the 
nominal value of thoeni r shares.
Privat
e 
Entitie Members 
Partners s liable to 
between the value 
1-50 of their 
shares
Register
ed office No 
in minimum 
Cyprus a capital 
local CS required
Public Company Limited By 
Shares
 Functions of a public company limited by 
shares are as same as a private 
company limited by shares except the 
fact that shares are freely transferable.
 Under this, there is no restriction 
regarding the maximum number of 
partners.
 There is a requirement of minimum 
share capital of EUR 15,000.
...contd.
 In Cyprus, foreign company is able to 
establish a Branch, Subsidiary or 
Representative Office. All of these can be 
established as separate entities from the 
parent company (Cypriot companies 
having the foreign company as 
shareholder) or extensions of the parent 
company.
 To enter into a Cypriot market, 
subsidiaries are a popular option.

Procedure for Incorporation
1. In Cyprus, company registration 
procedure can be performed by an 
authorized company representative 
appointed by power of attorney.
2. There is a requirement for Cypriot 
private companies limited by shares to 
have a registered office in Cyprus and it 
is managed by a management board.
...contd.
3. However, it may be necessary to come 
in person when the bank account is 
opened in order to sign papers and 
provide the registration certificate with 
the identification documents of the 
managers.
4. VAT registration is mandatory but only 
for those companies which perform 
activities that are subject to the Value 
Added Tax, such as trading.
5. After this, new company has to hire 
employees.
Conclusion
Therefore, Cyprus can be called a great 
venture for those who wish to invest in 
the European continent. It is a country 
that offers you a versatile landmass for 
all types of business and a way to do 
business without too much paperwork.