Cyprus Company Formation - Business Setup
- Register your Company in Cyprus in 7 days (upon validation of your identification documents).*
- Client confidentiality protection via secured systems.
- Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
- A dedicated manager is available throughout the year to administer your company.
5 simple steps are needed to incorporate your company in Cyprus
Complete our application form - Cyprus
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
Incorporate your company successfully
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
Cyprus Offshore Company Formation
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 of a Cyprus Offshore Company
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
for the Creation of a Cyprus Company
Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information.
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.**
Cyprus Offshore Company, ideal for:
Cyprus Offshore Jurisdiction News
Cyprus Moves to Deny Shell Company Banking Services
9 August 2018
In a much-anticipated move last week, the Cyprus Central Bank began drawing up a directive for the island’s banks. The document sets down instructions that new accounts should be automatically refused for so-called “shell” or “letterbox” companies. [..]
Did you know that a $10K investment can get you a tax-free company and residency in Dubai ?
30 July 2018
Due to recent legislative changes and increased compliance with international tax avoidance regulations, Dubai is no longer just a viable option for incorporating a new business. In fact, compared to others and due to these recent developments, it is fast becoming the destination of choice. [..]
Economic forecasts for Cyprus are positive through 2018
11 August 2016
A Bloomberg survey of 9 economist’s forecasts for Cyprus’ economic indicators through 2018 is good news for the Cyprus economy. According to the survey the average forecast for GDP growth in 2016 is 2.5%, for 2017 it is 2.1%, and 2.1% in 2018.[..]
* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
Our Client Reviews
Our Testimonials Are Verified By Feefo, A Third Party Company
Overall Rating
96%
Customer satisfaction rate, testimonials verified by Feefo.com
17-Jun-2014
Operationally, SFM's services are exact and precise. Communication with their employee in Dubai was clear and swift, all requests were made in an organized and well fomulated way.
Operationally, SFM's services are exact and precise. Communication with their employee in Dubai was clear and swift, all requests were made in an organized and well fomulated way.
08-Jun-2014
I think they should explain that off shore companies ant very easy to handle when it come to register in a tax office in any country etc The rest its good, the yearly expensives are not cheap
I think they should explain that off shore companies ant very easy to handle when it come to register in a tax office in any country etc The rest its good, the yearly expensives are not cheap
03-Jun-2014
The SFM staff is friendly and professional, I got very good personal care. Although in the beginning I had some difficulties to be assigned to a Corporate Service Officer afterwards everything was quick and smooth. I will continue to use their services and I will recommend their service to anybody interested in offshore services.
The SFM staff is friendly and professional, I got very good personal care. Although in the beginning I had some difficulties to be assigned to a Corporate Service Officer afterwards everything was quick and smooth. I will continue to use their services and I will recommend their service to anybody interested in offshore services.
01-Jun-2014
I've had a very good experience with SFM Offshore. I've been client of them for 3 years now. They always answer my requests in 24 hours. Mehmet, Turkey
I've had a very good experience with SFM Offshore. I've been client of them for 3 years now. They always answer my requests in 24 hours. Mehmet, Turkey
01-Jun-2014
despite that the provide the service at the end of the day, however, there is significant delay and lack of prompt communication from SFM side.
also i have notices that there is a lack of coronation between SFM members, i have been been asked several times to submit documents already at their end, simply because i'm dealing with different persons.
despite that the provide the service at the end of the day, however, there is significant delay and lack of prompt communication from SFM side.
also i have notices that there is a lack of coronation between SFM members, i have been been asked several times to submit documents already at their end, simply because i'm dealing with different persons.
21-May-2014
Very professional team, particularly the legal counsel we have been dealt with, very sound compliance acumen.
Very professional team, particularly the legal counsel we have been dealt with, very sound compliance acumen.
SFM makes it easy to register a company online in Cyprus, one of the most popular and established international jurisdictions in the world. With over 15 years of experience in corporate structuring and international company formation, SFM provides streamlined registration across multiple jurisdictions.
Cyprus is a popular destination for company formation due to its strategic location between Europe, Africa, and Asia, as well as its well-developed business infrastructure and skilled workforce.
Our team of experts will walk you through the process with just five simple steps, from choosing the appropriate jurisdiction for your company to submitting all necessary documents to the registrar. With SFM, you'll have your own dedicated account manager to oversee the entire process and answer any questions you may have.
