CYPRUS COMPANY FORMATION

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Our Firm is one of the oldest Law Firms in Cyprus. We have the expertise to make your company formation fast and simple. Our Firm has been incorporating companies since 1969! Cyprus Company name approval The first step is to apply for approval of the desired company name. The company name includes at the end the abbreviation Ltd or Limited. The name must not be unreasonably similar to the name of an existing company. Usually, we recommend using unique names and adding the owner’s initials in the front to get easier Cyprus company name approval from the register. The name approval procedure takes 1-3 working days. After the approval of the company name, the required documents for a Cyprus company registration prepared by a lawyer and submitted to the Registar of companies. Corporate requirements

·      Minimum Number of Shareholders: 1

·      Minimum Number of Directors: 1

·      No minimum Share Capital Requirements

Local requirements

·      Registered Office in Cyprus

·      There is no requirement that the Director has to be local but for tax purposes it is recommended.

·      Government Register of Directors

·      Government Register of Shareholders

Nominee services for full confidentiality and tax residency of your company Nominee Director The board of directors is in charge of the company’s day-to-day business. For substance purposes, it is essential that the board of directors meets and take management decisions in Cyprus, ensuring tax compliance. Nominee Shareholder Nominee Shareholders will act as beneficiaries under the client’s instructions. Nominee Secretary All Cyprus companies must have a Company Secretary. After the registration of company, we provide you with the following set of certificates:

·      Memorandum and Articles of Association

·      Certificate of Incorporation

·      Certificate of Director and Secretary

·      Certificate of Shareholders

·      Certificate of Registered Address

Additional Services Bank Account Opening We provide you assistance for both corporate and personal bank account opening.