COMPANY FORMATION
We can assist with company formation services in various parts of the world
Europe
ASIA & MIDDLE EAST
OFFSHORE
Incorporation of Company in Cyprus
Cyprus has a rather favourable tax regime opening doors for investment to companies and individuals from EU & non-EU countries, planning to operate in Cyprus market.
Registering a company in Cyprus is a rapid and straight-forward procedure that is generally completed within approximately 10 days. Cyprus Company formation includes certain procedures and undertakings prior to the registration of the company, such as the drafting of the Memorandum and Articles for the company, a document which outlines the rights and obligations of the shareholders.
Step 1: Apply for a company name approval
Companies should submit an application of approval of company name to the Registrar of Companies and Official Receiver. We suggest having 2-3 options for your company’s name. Note that the company’s registrar may reject names identical or similar to existing companies or names that imply illegal activities.
Step 2: Submission of all relevant document to the RCOR
Some of the documents required for the application are:
- Copies of the owners’ passports certified by a notary public
- Confirmation of the owners’ residential addresses (internal passport, proof of address or utility bill), with English translation, and certified by a notary
- CV describing the work experience and source of income of each owner
- Bank reference letter
- Document confirming the source of the owner’s wealth
- A brief description of the main objects of the company, unless the standard Memorandum and Articles of Association are to be used
- Other various forms required by the RCOR