Cyprus Tax Structures Cyprus Tax Structures Kyriakos Tramountanellis x / Friday, June 24, 2022 0 92 Article rating: No rating Cyprus Tax Structures Read more
How to trade in Cyprus as a person or under a company? How to trade in Cyprus as a person or under a company? Kyriakos Tramountanellis x / Friday, June 24, 2022 0 101 Article rating: No rating In this short article we will demonstrate to you what the best route to contact your business is in Cyprus. We take into consideration tax savings and of course the legal protection of the owner of the Company. Read more
Cyprus Investment Firms: Capital Adequacy Reports (COREP) Mistakes to avoid Cyprus Investment Firms: Capital Adequacy Reports (COREP) Mistakes to avoid Kyriakos Tramountanellis x / Friday, June 24, 2022 0 61 Article rating: No rating Most Common Errors During COREP Reporting Read more
Capital Statements Capital Statements Kyriakos Tramountanellis x / Friday, June 10, 2022 0 118 Article rating: No rating In this Article we explaining what is a capital statement, what documents you are required to submit to the authorities and how to be prepared for such exersise. Read more
Global Mobility and Registration of Foreign Employer in Cyprus Global Mobility and Registration of Foreign Employer in Cyprus Kyriakos Tramountanellis x / Monday, June 6, 2022 0 74 Article rating: No rating Global Mobility and Employees working remotely benefits and issues to consider for Cyprus. Read more
Simple steps for the creation of a Cyprus Company Share Written By Kyriakos Tramountanellis Tags bankbankingcompanycompany ownercompany set upcreate companycreationcypriusdirectorsdirectory of shareholdershow tohow to create a cyprus companyincorporationlimassollimitedlimited companiesnicosiashareholderstips to open bank accountwhat do bank want 2022-01-04 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! 1. Cyprus Company Structure All Cyprus companies must have the below set up: Director - at least 1 person Company Secretary - 1 person Shareholders - at least 1 and less than 50 persons Registered office - in the republic of Cyprus Want to know more - see explanatory video here. 2. Timeframes 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 3. The Process 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! 4. Need a Cyprus company Contact us and we will commence the incorporation as soon as possible. 5. Relevant Literature Complete guide on Cyprus company creation Cyprus Company Taxation Relocating to Cyprus - YouTube Explanatory Videos Maintenance of a Cyprus company