The proposed name of the company, which has to be approved by the Registrar of Companies.

The amount of the authorized and issued sharecapital of the proposed company. The authorised share capital is the maximum amount of capital that a company may issue to its shareholders. Both, authorised and issued share capital may be increased in the future. Usually, and unless there is a special reason, the incorporation is done with EUR5.000 authorised and EUR1.000 issued share capital.

Full name and address of the Shareholder(s). (One or more persons may form a company). If full anonymity and confidentiality is desired, nominee shareholders from our firm may be used, who will hold the shares in trust for the Beneficial Owner.

From a tax planning point of view, it is important that the Company is managed and controlled in Cyprus and accordingly it is recommended that the majority of the Directors appointed are Cyprus residents.  It is sometimes desirable that foreign Directors are also appointed, but it is advisable that the number of the intended Foreign Directors resident in a particular country is always below the minimum number necessary to constitute a quorum in Cyprus.

For a proposed incorporation, “nominee” directors (persons from our firm) may be appointed, as per your wishes. Concerning the “nominee” directors please be informed that a Directors' Indemnity Agreement will be signed by the beneficial owner(s), according to which the directors appointed will only act upon their written instructions / wish, unless they are obliged by law to act accordingly (duties derived from their capacity as directors of the company).

The existence of a Secretary is a requirement of the Law and for this purpose we usually appoint one of our secretarial companies.

Every Company must have a Registered Office.  The Registered Office is the place where writs, summonses, notices, orders and other official documents can be served upon the company. Again, we usually use our firm’s addresses.  It is not necessary for the company to open an office in Cyprus for its business activities, unless the client wishes to do so. Please note that the Registered Address may be also considered as the company’s offices.

The time needed for the registration of the Cyprus Company is about 10 working days. 

Cyprus has one of the lowest tax rate in the European Union, which is 12.5%

Cyprus is not a Tax Heaven business centre.

Cyprus has signed Double Tax Treaties with more than 30 countries all over the world, some of which are very attractive for the international clients.

Cyprus has a stable tax system regime.

No tax is deducted in paying dividends out of a company which is directly or indirectly (through nominees) controlled by non residents of Cyprus.

Profits from the disposal of shares and other securities are fully exempt from corporate taxation. This planning point makes Cyprus an ideal place for holding company establishment.

Income from dividends is exempted from taxation.

Cyprus companies are required to submit audited financial statements to income tax authorities and The Registrar of Companies. This requirement enhances the status of the company.

Cyprus is using the International Financial Reporting Standards (IFRS) and International Standards on Auditing.

Cyprus is a full E.U. member country.

Cyprus professional community is very well experienced and organised to serve international clients (accountants and tax experts, lawyers, banks, financial analysts, property developers etc).

Business transactions in Cyprus are fully allowed.

Shipping and ship-management activities

Offshore banking

Captive insurance

Transit trade, reinvoicing and transfer pricing

Personnel recruitment and training

Regional Headquarters

Holding Companies

Collection of Royalties

Business consulting and services

holding of property and securities

electrical and mechanical engineering

construction and engineering companies

hotel ownership and management

advertising and graphics

trust and fund management companies

investment companies

computer hardware and software business

repairs and maintenance of equipment and components