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Cyprus Company Registration

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Steps to company formation - 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.
 
 

Banking Options

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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.
Confidentiality
Cyprus offers a high level of anonymity and privacy.
Accounting requirement
Yes
Taxation
Among the lowest in Europe Click here to know more
Legislation
Modern offshore legislation
Standard Currency
Euro
Time to form
Cyprus has an efficient Registry : 7 days formation time.
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
A notarised copy 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 (with Apostille), an original or notarised copy of a proof of domicile (issued within last 3 months), an original personal bank reference letter mentioning good standing of the account since at least 2 years and a curriculum vitae.**






Cyprus Company Formation


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. [..]
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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. [..]
Continue reading

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.[..]
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* 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.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
25-Feb-2021
The overall feedback is a very good one. I was pleased with how smooth the incorporation process went and the way I have been assisted.
Specifically, I believe that my Client Relationship Manager has understood my requirements, my background and what is the purpose of the company. Also, communication - a highly important point - was very good with my Client Relationship manager as I was offered additional details when I had doubts, I was explained clearly what documents are required from me and I was always informed in what stage the incorporation process is in. Also the replies from the Client Relationship manager were always on time and very professional.
25-Feb-2021
Myriam est une excellente interlocutrice qui conseille et facilite grandement le process que ce soit par email ou au téléphone.

Les délais sont respectés, les conseils sont efficaces, les prix sont raisonnables.

Il n'y a rien à redire à la qualité de service et rien à attendre de plus: 100% check !
24-Feb-2021
Best service ever. Mary and her team are excellent.
24-Feb-2021
Straight forward process, Great support from the account manager, and fast execution.
24-Feb-2021
Myriam at SFM helped me find the most suitable option for me at creating an offshore company. I have received all the original documents and still they are providing a great after sales service.

From my experience, SFM service is recommend.
04-Jan-2021
L'ouverture a été très facile et mon interlocuteur très disponible. J'ai recommandé vos services à mon associé qui va ouvrir une société dans les prochains jours avec vous. Seul bémol le temps entre le paiement et la finalisation de la société est plus de 4/6 semaines que de 2/3 jours comme annoncé, mais ce n'est pas grave car le temps annoncé est ridicule donc il n'est pas étonnant que ce ne soit pas respecté.
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