Incorporation

Full Set-Up of a Cyprus Company

We offer full company incorporation services in Cyprus, supporting you through every step of establishing a Cyprus Limited Company (CY LTD). Our incorporation services cover everything you need:

  • Company name reservation
  • Key corporate certificates (Incorporation, Shareholders, Directors, Registered Office)
  • Tailored bilingual Memorandum & Articles of Association (Greek & English)
  • Post-incorporation registrations (TIN, VAT, Social Insurance).

From start to finish, we ensure a smooth and compliant setup so you can focus on growing your business.

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Steps &Requirements

Choose Company Name & Reserve It

  • Submit a proposed name to the Cyprus Registrar of Companies.
  • The name must be unique, not misleading, and end with "Limited" or "Ltd".
  • Name approval usually takes 2–3 working days.

You’ll need to decide and provide:

  • Shareholders
    At least 1 shareholder (individual or corporate, local or foreign).
    Can be 100% foreign-owned.
    Each shareholder must provide:
    - Passport copy
    - Proof of address (utility bill or bank statement, max 3 months old)
    - Shareholding percentage
  • Directors
    At least 1 director (individual or corporate, local or foreign).
    To benefit from Cyprus tax residency, appoint a Cyprus-resident director.
    Each director must provide:
    - Passport copy
    - Proof of address
  • Company Secretary
    Mandatory under Cyprus law (individual or corporate, can be provided by a service provider).
  • Registered Office Address
    Must be located in Cyprus.
    Usually provided by the corporate service provider.
  • Share Capital
    No minimum required; common practice is €1,000 divided into €1 shares.

Your service provider will draft:

  • Memorandum & Articles of Association
  • Forms HE1 (Declaration of compliance), HE2 (Registered office), HE3 (Directors/Secretary), Witness of signatures.
  • Identification verification forms (KYC / AML compliance).

  • The complete package is filed with the Department of Registrar of Companies & Official Receiver.
  • Incorporation usually takes 5–7 working days after submission.

  • Once the company is registered:

    1. Certificate of Incorporation, Registrar Address, Director & Secretary, and Shareholder/s issued.
    2. Memorandum of Association and Articles of Association issued.
    3. Tax Identification Number (TIN) from the Tax Department.
    4. VAT registration (optional, only if turnover exceeds €15,600/year or you trade within the EU).
    5. VIES registration (optional, only if B2B sales in EU take place)
    6. OSS or IOSS registration for online drop shippers – eCommerce businesses. 
    7. Social Insurance registration if you hire employees.
    8. Ergani registration for the employees’ information.
    9. Ariadni portal sign up.
    10. UBO Beneficial Owner submission.
    11. Registrar of Companies registration (Electronic Filing).
    12. EORI registration (optional for importers or exporters of goods)
    13. Open a corporate bank account in Cyprus or abroad.

  • Annual HE32 (Annual Return) + Audited Financial Statements.
  • Tax filing and payment deadlines according to Cyprus Tax Law.

Typical Timeline: 1–2 weeks for full incorporation (plus bank account opening time).


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