Cyprus Company Registration
- 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.
Steps to company formation - 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.
Register your company successfully
Once your documents have been processed your company will be successfully registered.
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 Company
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
for the Creation of the 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 Company, ideal for:
Cyprus 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
10-Apr-2014
many time wasted to arrange all the company papers and open bank account. excellent personal care, but slow performace.
many time wasted to arrange all the company papers and open bank account. excellent personal care, but slow performace.
08-Apr-2014
I have established my offshore company International Business Enterprises through SFM in Dubai.
The SFM team in Dubai is very professional and they know the Offshore Business inside out. I was very well briefed on the Offshore Business by the SFM team.
The communication is very good; they always keep you up to date with regards to the registration process.
It is nice to have such a competent team on your side.
I have established my offshore company International Business Enterprises through SFM in Dubai.
The SFM team in Dubai is very professional and they know the Offshore Business inside out. I was very well briefed on the Offshore Business by the SFM team.
The communication is very good; they always keep you up to date with regards to the registration process.
It is nice to have such a competent team on your side.
08-Apr-2014
J’ai commandé une société aux Seychelles et un compte bancaire en Suisse, a travers les services de SFM. Tout s’est bien déroulé et mon interlocuteur m’a relativement bien suivi tout au long du processus.
J’ai commandé une société aux Seychelles et un compte bancaire en Suisse, a travers les services de SFM. Tout s’est bien déroulé et mon interlocuteur m’a relativement bien suivi tout au long du processus.
07-Apr-2014
fast, easy and cheaper than my lawyer...
fast, easy and cheaper than my lawyer...
28-Mar-2014
I'm very pleased with SFM's work and their customer aproach , bravo and thanks SFM team .
I'm very pleased with SFM's work and their customer aproach , bravo and thanks SFM team .
18-Mar-2014
We are pleased with the effective treatment of our request. SFM interlocutors are the listening to clients and available.
We remake the SFM services.
We are pleased with the effective treatment of our request. SFM interlocutors are the listening to clients and available.
We remake the SFM services.
