Establishing a Company in Cyprus

Traditionally Cyprus was a territory with a growing business activity mainly as a station for international businesses. The means for such activities has always been the Limited Liability Company with shares. In recent years there has been a rapid increase in the establishment of Companies, mainly because of the tax incentives enjoyed by such establishments through Cyprus.

 

Participation of non-Cypriots in a Cyprus Company

There is no requirement or licensing procedure for the participation of foreigners in a Cyprus company. Their participation in a company may be up to 100% of the shares and there are no conditions regarding the minimum amount they must invest in the capital of the ccompany.

 

Company Registration Procedure

The procedure for the registration of a Company is relatively simple and it usually takes approximately 3-5 working days. Enterprises and individuals wishing to have a company in Cyprus usually choose to take ready-made (shelf company), which enables them to have an immediate registration of the company.