Corporate Services

Corporate services consist of all services for the incorporation and maintenance of a Cyprus company

Firstly, a name approval is required.

Before a company is incorporated, the name must be approved by the Registrar of Companies. A choice of 3 names in order of preference must be provided, as to check availability. Alternatively, you may choose from our list of pre-approved names.

Preparation of Memorandum and Articles of Association is mandatory based on the Business activities of the company.

In addition, each company registered in Cyprus must have its Registered Office Address in Cyprus and this service can be provided as well.

Board Members need to be appointed including relevant written resolutions. At least one director must be appointed, who can either be local or foreign. Nominee directors, upon request, as to secure the management and control in Cyprus can be provided as a service.

A secretary is required by law to maintain the statutory books of the Cyprus Company aiming the accurate and timely Company filings to the Cyprus Registrar of Companies and Cyprus Tax Office. Nominee secretary may be appointed, upon request.

A company registration in Cyprus usually takes between 5 to 7 business days.

Once a Cyprus Company is Incorporated the Registrar of Companies issues the below set of corporate certificates:

Certificate of Incorporation

Certificate of Registered Office

Certificate of Director / Secretary

Certificate of Shareholder

Annual Maintenance Costs

Accounting and Audit: a company in Cyprus, irrespective of its annual turnover, must maintain proper accounting records, and be audited on an annual basis by a licensed auditor. The fee for accounting and audit depends on the number of transactions each company has per annum or per quarter.

Annual Levy at the Registrar of Companies EUR350