Registration of a company in Cyprus

Name of service Bronze Silver Gold
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Set of constituent documents Preparation of a complete package of constituent documents of a company of any form of ownership
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Nominal service for 1 year Registration of a company with nominal service and provision of nominees for 1 year. The price includes issuance of additional documents: power of attorney, trust documents and agreements
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Total cost
1850 EUR 2490 EUR 3490 EUR
Accounting services
175 EUR 175 EUR 175 EUR
Annual renewal (paid from the second year)
1840 EUR 2300 EUR 2300 EUR

Action

If you will register a company until 30th of April ,
opening a bank account is for FREE

Start registration

Pricelist

6 steps

  • 1

    Choose a
    jurisdiction

  • 2

    Choose
    a bank

  • 3

    Pay for the service
    using suitable
    method

  • 4

    Receive credentials
    of your new
    company

  • 5

    Receive credentials of
    an opened bank
    account

  • 6

    Receive a package with
    documents delivered
    by DHL

There are countries that can not be called offshore zones in the classical interpretation of this concept, but they are very popular among domestic entrepreneurs looking toward opening their representative offices here. A vivid example is the registration of companies in Cyprus. The system of free enterprise, the minimum income tax, and the developed banking system are just a few arguments in favor of doing business here.

In Cyprus, you can carry out any legitimate activity, it is possible to get a VAT-number. Some services require a license (trusts, insurance, banking sector). You can get it remotely.

Information about jurisdiction

According to the law, the registration of a company in Cyprus provides for an availability of an authorized capital in the amount of 1,000 EUR with a minimum share price of 1 EUR. An issue of registered shares with face value to bearer is allowed. To open a company in Cyprus, the minimum number of its participants is one. This is a natural or legal person, acting as the main shareholder and director.

It is worth noting that the offshore zone of Cyprus does not fully correspond to the offshore concept itself. Here you need to keep an accounting, submit audit reports and financial statements to the competent authorities. Declarations of income are annually provided. Offshore Cyprus companies allow to receive dividends, subject to a zero interest rate. All information about the company’s activities and its nominal representatives is confidential.

If you decide to buy an offshore company in Cyprus, you need to ensure a presence of a secretary on the island. He can only be a resident of Cyprus. Employees of “Prifinance” company can provide you such an agent with an office.

Company registration process

At the initial stage, you need to choose a company. Next day after the payment you can receive all the documents. Our employees make up the charter and accept in the work a package of documents from the customer (registration certificates, memorandum, a document on officials appointment, apostille, seal and so on). At the same time, it is sufficient to make only 30% of the cost as an advance payment. The registration does not require the personal presence of the beneficiary. All documents you receive by mail, regardless of the country of residence.

Arguments in favor of Cyprus

Many entrepreneurs are eager to open an office here since it is prestigious. Economic stability and flexible legislation make Cyprus a benchmark for free enterprise. Registration of the company here gives the following advantages:
  • confidentiality;
  • nominal service;
  • reliable legislation;
  • stable banking system;
  • trust management (companies registered in Cyprus may be founders of subsidiaries outside the EU);
  • elimination of double taxation;
  • low income tax (12.5%).

Cooperation

Our clients

© 2023, PRIFINANCE