Simple steps for the creation of a Cyprus Company

Creating a Cyprus Company couldn't have been easier!

In this short article we will show you how to simple it is to create a Cyprus company in few steps.

Trust us we do this on a weekly basis!

All Cyprus companies must have the below set up:

Company name approval - 5 working days (1 week)
Company creation - 15 working days (3 weeks)
Issuance of certificates - <5 working days after the company formation (< 1 week)

As you can see setting up a company from scratch usually takes 3 - 4 weeks.

Tip - If you urgently need a Cyprus company:

a) you can obtain one by buying a company off the shelf (see explanatory video here)

b) apply for any available name advised by your service provider and you can rename the company later on

1. Decide on the composition and set up

2. Agree on the fees

3. Sign relevant engagement letters

4. Transfer the fees to the service provider (who will use the majority of them to pay government disbursements)

5. Service provider will proceed with the incorporation of the company (more information here)

6. Service provider will send you the incorporation documents

7. Auditors and accountants will proceed with the registration of the company with the local authorities (VAT, TAX, etc)

8. Proceed with opening of the bank account (more information here)

9. Once the bank account is ready you can commence trading!

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