Cyprus Company Incorporation
Are you looking for the most tax efficient and business friendly jurisdiction in Europe to set up a company?
Advantages
Why Cyprus?
Low corporate tax rate of just 12.5%
Easy and fully remote company set up procedure
Cyprus is a member of the EU and SEPA zone
An ideal location for both a holding company and an operating company
No taxation on dividends and capital gains
Highly skilled and multilingual workforce
Over 65 double taxation treaties
Intellectual Property (IP) Box regime, with a low tax rate of 2.5% on IP income
Strategically located at the crossroads of Europe, Asia, and Africa
Conditions
Registration conditions
in Cyprus
- Personal presence – Not required
- Average time to register a company – up to 20 business days
- Paid-in authorized capital – 1 €
- Minimum authorized capital – 1 000 €
- Minimum number of shareholders – 1 (individual or legal entity, non-resident or resident)
- Director – 1 is minimum (individual Cyprus resident) i*For a company to be considered tax resident in Cyprus, the director must be Cypriot. We provide this service.
- Secretary – Obligatory (individual or legal entity, resident)
- Nominee service – Allowed
Pricing detail
Choose Your Package
Digital
- Limited Liability Company
- Registered address 12 months with digital mail service i* All official government mail will be scanned and emailed to you free of charge.
- Secretary 12 months
- Filing to UBO register (per 1 person)
- Email copy of 4 Certificates, Memo & Articles Apostilled corporate documents
- Obtaining a tax number (TIC)
€ 2 510
year (excl. VAT)
Basic
- Limited Liability Company
- Registered address 12 months with digital mail service i* All official government mail will be scanned and emailed to you free of charge.
- Secretary 12 months
- Filing to UBO register (per 1 person)
- Email copy of 4 Certificates, Memo & Articles Apostilled corporate documents
- Obtaining a tax number (TIC)
- Hard Copies Certificates and Memo & Articles delivery
- Local professional director (all signatures included) – (annual) i** Scan of foreign passport or ID card; utility bill or bank statement quarterly- included in the nominee service cost; Additional actions like verification or interviews for banks, selfie with a passport, providing additional statements, are paid separately.
€ 4 325
year (excl. VAT)
Professional
- Limited Liability Company
- Registered address 12 months with digital mail service i* All official government mail will be scanned and emailed to you free of charge.
- Secretary 12 months
- Filing to UBO register (per 1 person)
- Email copy of 4 Certificates, Memo & Articles Apostilled corporate documents
- Obtaining a tax number (TIC)
- Hard Copies Certificates and Memo & Articles delivery
- Local professional director (all signatures included) – (annual) i** Scan of foreign passport or ID card; utility bill or bank statement quarterly- included in the nominee service cost; Additional actions like verification or interviews for banks, selfie with a passport, providing additional statements, are paid separately.
- Business banking application
€ 6 510
€ 5 975
year (excl. VAT)
Premium
- Limited Liability Company
- Registered address 12 months with digital mail service i* All official government mail will be scanned and emailed to you free of charge.
- Secretary 12 months
- Filing to UBO register (per 1 person)
- Email copy of 4 Certificates, Memo & Articles Apostilled corporate documents
- Obtaining a tax number (TIC)
- Hard Copies Certificates and Memo & Articles delivery
- Local dedicated director (all signatures included) (annual) i** Scan of foreign passport or ID card; utility bill or bank statement quarterly- included in the nominee service cost; Additional actions like verification or interviews for banks, selfie with a passport, providing additional statements, are paid separately.
- Business banking application
- Substance (unique address with rental agreement + utility bill) 12 months i* All official government mail will be scanned and emailed to you free of charge.
- Local telephone number 12 months
- VAT Registration (use at any time)
- Filing the first Annual Return
€ 12 820
year (excl. VAT)
Reporting
Reporting in Cyprus
Every company in Cyprus is required to prepare annual financial statements in accordance with the requirements of International Financial Reporting Standards.
- Reporting period
The period is a calendar year. We’ll always inform you upfront to avoid late filing of reports, fines and the possibility of deleting the company from the register. - Accounting and tax statements
If the company carried out activities during the reporting period, it is necessary to prepare accounting and financial statements, conduct an audit, submit the information to the tax authorities of Cyprus and pay taxes, if any. - Dormant and holding companies
If a company registered in Cyprus does not operate, it must also submit information on a general basis. In this case, the financial statement and tax return will be as for dormant company. - Сompany audit
An audit in Cyprus is mandatory for all companies, even for those that did not operate at all. We cooperate only with licensed and highly professional auditors to ensure the timeliness of all reports.
Process
How our process works
Any questions left?
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Benefits
Why Choose Taxus for Your Company set up in Cyprus?
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