What are the benefits of incorporating in Cyprus?

Cyprus is considered to be one of the most attractive jurisdictions in Europe to form a limited liability company due to its advantageous tax system. Cyprus holding companies enjoy all the benefits that the low tax jurisdiction has to offer such as full exemption from tax on dividend income, no withholding tax for dividends paid to non-residents, no capital gains tax and one of the lowest company tax rates in Europe of just 12.5%.In addition, Cyprus has more advantages such as its corporate laws which are based on the English Companies Act and are in line with EU directives, low incorporation fees and a quick incorporation process.Moreover, Cyprus has a wide double tax treaty network and is currently negotiating for more.Read more: How to open a company in Cyprus Merchant account Cyprus

What is the procedure of incorporating in Cyprus?

Before any other steps are taken, the Registrar of Companies must be approached to approve whether the name by which the company is proposed to be incorporated is acceptable.After the name is approved, the necessary documentation needs to be prepared and filed. Such documents are the articles of incorporation and memorandum of association, registered address, directors and secretary.See more: How to set up a company in Cyprus Cyprus merchant account

What are “corporate documents”?

It is recommended to ensure that upon the incorporation of the company, its beneficial owners or other appropriate officials are provided with copies of all corporate documents. Such corporate documents normally comprise: Certificate of Incorporation Memorandum of Association Articles of Association A share certificateRead more: Cyprus company documents Doing business in Cyprus

What is the Memorandum and Articles of Association Cyprus?

Every Cyprus Company must have its own memorandum and articles of association.The memorandum contains the basic information of the company such as the company name, registered office, the objects of the company and so on. Care must be taken that the first few object clauses are tailored to the specific circumstances and main business objects and activities of the company.The articles specify rules about the governance of the internal management of the company and regulations about the rights of the members (appointment and powers of directors, transfer of shares, etc).Read more: Cyprus offshore company How to set up a company in Cyprus?

What are the share capital requirements?

There is no legal requirement as to the minimum or maximum share capital of the company.

Can I have Visa to stay and work in Cyprus?

The company does not help you get a Cypriot Visa.

You must apply for it through the Immigration Department or Cypriot Embassy in your residence country to stay and work in Cyprus.

Set Up Now

Leave us your contact and we will get back to you the soonest!

Full Name *

Email Address *

Phone Number *

Communication Channel *

Your inquiries *

How did you know about us *

Which country do you want to setup company ? *

Additional Request(s)

Related FAQs

1. What are the benefits of incorporating in Cyprus?
2. What is the procedure of incorporating in Cyprus?
3. What are “corporate documents”?
4. What is the Memorandum and Articles of Association Cyprus?
5. What are the share capital requirements?
6. What is the minimum number of directors and shareholders, and who can be one?
7. What information is required for each shareholder and /or beneficial owner and director?
8. What is a registered office?
9. Do we need to have an office in Cyprus to set up the company?
10. How long does it take to register a company in Cyprus?
11. Can I open a bank account in Cyprus for my company?
12. Can we have a corporate shareholder/Director?
13. Can the company issue the Bear Share?
14. What is the minimum capital for Company in Cyprus.
15. What are the types of companies in Cyprus that can be incorporated?
16. What is the certificate of registration in Cyprus?
17. How do I check if a company is registered in Cyprus?

About Us

We are always proud of being an experienced Financial and Corporate Services provider in the international market. We provide the best and most competitive value to you as valued customers to transform your goals into a solution with a clear action plan. Our Solution, Your Success.

Learn more

Will you allow One IBC to send you notifications?

Can I have Visa to stay and work in Cyprus?

Leave us your contact and we will get back to you the soonest!

Related FAQs

Download One IBC Mobile App now

What the media say about us

About Us