Cyprus Company Formation & Registration
Chambers & Co provides end-to-end Cyprus company formation and registration services, covering incorporation, tax registrations, banking, and ongoing legal compliance. Complete your registration 100% remotely within approximately 8 working days.
Key Advantages & Overview
- Incorporation Timeline: ~8 working days (Express service available)
- Uniform Corporate Tax Rate: 15% on taxable profits
- Effective IP Income Tax: As low as 2.5% under the IP Box regime
- Dividend & Capital Gains: Dividend income is generally exempt; 0% tax on profit from disposal of securities
- Remote Registration: Complete legal setup with zero travel to Cyprus required
Benefits of Registering a Company in Cyprus
Cyprus remains a preferred jurisdiction for international entrepreneurs, investors, and corporate groups seeking a reputable EU base, robust professional infrastructure, and a competitive tax framework.
Tax Advantages & Corporate Framework
- EU Member State: Full access to EU commercial rules, cross-border certainty, and EU Directives.
- 15% Corporate Tax: A modern and internationally recognized tax framework aligned with EU and OECD standards.
- Exemptions on Dividends & Capital Gains: Dividend income is generally exempt from corporate tax (subject to conditions), with no withholding tax on outbound dividend payments to non-residents.
- Extensive Treaty Network: Access to over 65 Double Taxation Agreements (DTAs) globally.
Intellectual Property (IP Box) & Commercial Flexibility
Only 20% of qualifying IP profits are subject to corporate tax under the Cyprus IP Box regime, reducing the effective tax on royalty income to as low as 2.5%. Additionally, Cyprus companies benefit from restructuring frameworks aligned with the EU Merger Directive.
How to Register a Cyprus Company (Process Flow)
Step 1 • 2–5 Days
Name Approval
Submission of preferred business names to the Registrar of Companies (must end in LTD or LIMITED).
Step 2 • Onboarding
Compliance & KYC
Remote verification of beneficial owners and officers under Cyprus Bar Association AML regulations.
Step 3 • 5–10 Days
Legal Filing
Preparation of M&A and filing incorporation documents directly with the Registrar of Companies.
Step 4 • Completion
Certificates & Tax TIC
Issuance of corporate certificates, Tax ID (TIC) registration, and bank/EMI onboarding support.
Cyprus Company Formation Cost & Fee Schedule
| INCORPORATION COSTS | Euro (€) |
|---|---|
| Company Name Application | €30 |
| Express Incorporation Fee | €100 |
| Cyprus Company Registration Includes: Cyprus Registrar Fees, Paperwork Preparation & Filing, Certificate of Incorporation, Certificate of Directors & Secretary, Certificate of Registered Office, Memorandum & Articles of Association, Share Certificates, Rubber Company Seal, Appointment of First Directors, Register of Directors & Members, First Company Minutes. |
€2,320 |
| Tax Identification Code (TIC) | €150 |
| CORPORATE PACKAGE TOTAL | €2,600 |
| ANNUAL COST & ADDITIONAL SERVICES | Euro (€) |
|---|---|
| Secretary (Required) | €500 |
| Registered Office (Required) | €500 |
| Nominee Shareholder (Optional) | €500 |
| Nominee Director – Natural Person (Optional) | €1,500 |
| VAT Registration | €350 |
| Tax Residence Certificate with Apostille | €450 |
| AML Compliance Fee | €400 |
| Apostille of Company Certificates | €300 |
| Apostilling of Other Documents (per document) | €150 |
| Power of Attorney | €150 |
| Certificate of Good Standing | €150 |
| Certificate of Incumbency | €100 |
| Amendment of Company Documents (per document) | €200 |
| Change of Name | €200 |
| Preparation and Submission of HE32 | €350 |
| Transfer Out Fees | Variable |
| Courier Services | At cost |
*All fees are subject to 19% VAT where applicable.
Register Your Cyprus Company Online
Contact our Cyprus corporate law team for clear guidance on legal incorporation, tax structuring, and bank account setup.
Cyprus Company Formation — Complete Legal Q&A
What is the Applicable Law to a Cyprus Company?
The primary governing legislation is The Cyprus Companies Law, CAP.113.
Do I need to visit Cyprus to Register a Company?
No. Cyprus company formation can be completed entirely remotely. We handle the full procedure online, including filings and issuance of corporate certificates, subject to standard KYC and onboarding requirements.
Cyprus Company Name Requirements
Preferred company names are submitted to the Registrar of Companies for approval (taking 2 to 5 working days). Names usually end with the suffix LTD or LIMITED and must not be identical or confusingly similar to an existing entity.
How long does it take to Register a Cyprus Company?
Following name approval, incorporation is typically completed within 5 to 10 working days, depending on the Registrar of Companies’ workload and timely provision of required documentation.
Are Cyprus Shelf Companies Available?
Yes. We can provide pre-registered Cyprus shelf companies, which can then be amended to reflect your preferred shareholder, director, registered office, share capital, and business profile.
What are the Registered Office and Company Secretary Requirements?
A Cyprus company must maintain a physical registered office address in Cyprus (not a P.O. Box). It must also appoint a company secretary (individual or corporate entity). Chambers & Co provides resident secretarial and registered office services.
Director and Shareholder Structure
A Cyprus company requires at least 1 director and 1 shareholder (up to a maximum of 50 shareholders). The same person can act as shareholder, director, and secretary. Where Cyprus tax residency and substance are required, management and control should be established via Cyprus-resident directors.
What is the Share Capital of a Cyprus Company?
There is no minimum legal share capital requirement. For standard practical purposes, companies are commonly incorporated with 1,000 shares of €1 each.
Is there Anti-Money Laundering (AML) Legislation in place?
Yes. Cyprus applies a comprehensive AML and Counter-Terrorist Financing framework aligned with EU regulations. Standard KYC, identification, and source of funds checks apply.
What details are filed on the Public Record?
Public filings include Memorandum & Articles of Association, directors, secretary, registered office, and shareholder details. Ultimate Beneficial Ownership (UBO) information is reportable to the central Beneficial Owners Register. Nominee arrangements may be utilized for confidentiality in compliance with reporting obligations.
Is it required to have a Bank Account in Cyprus and how long does it take?
There is no legal requirement to maintain a local bank account in Cyprus. We assist clients with opening corporate accounts at local Cyprus banks or reputable Electronic Money Institutions (EMIs). Bank onboarding typically takes between 7 and 28 working days.
What are the Annual Fees & Accounting Obligations?
Cyprus companies must maintain proper accounting records and prepare audited financial statements. An annual return (Form HE32) is filed annually with the Registrar. Municipal professional license fees may apply (e.g., €250 for independent companies in Limassol, €150 within a group).
Why Choose Chambers & Co Law Firm
- Regulated Cyprus Lawyers: Member of the Cyprus Bar Association since 1996.
- In-House Execution: End-to-end management of incorporation, tax registration, legal structuring, and corporate secretarial work without third-party outsourcing.
- Global Legal Network: Member of INTER LAWYER, advising international companies, financial firms, and entrepreneurs worldwide.