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Cyprus Companies Features

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Features  |  Formation  |  Prices

Key Features

General  
Type of entity: Private (IBC*)
Type of law: Common
Shelf company availability: Yes
Our time to establish a new company: 5-6 days
Minimum government fees (excluding taxation): Not Applicable
Corporate taxation: 10%
Double taxation treaty access: Yes
   
Share capital or equivalent  
Standard currency: EURO
Permitted currencies: Any
Minimum paid up: 1000CYP
Authorized capital 2000
   
Directors  
Minimum number: 1
Local required: No, but advisable for purposes of tax residency
Publicly accessible records: Yes
Location of meetings: Anywhere, but Cyprus advisable for purposes of tax residency
   
Shareholders  
Minimum number: One
Publicly accessible records: Yes
Location of meetings: Anywhere
   
Company Secretary  
Required: Yes
Local or qualified: No, but Cyprus advisable for residency and compliance
   
Accounts  
Requirement to prepare: Yes
Local Auditor: Yes
Requirement to file accounts: Yes
Publicly accessible accounts: No
   
Other  
Requirement to file annual return: Yes
Change in domicile permitted: No