Company Registration in Cyprus

Thanks to significant tax benefits and full EU membership, Cyprus remains one of the most popular and safe jurisdictions for investments. Offshore company formation Cyprus is one of the most sought-after services among SBSB Fintech Lawyers, and there are several reasons for this.

Cyprus is a true gem in the Mediterranean Sea, offering not only the best place for firm registration but also an exceptionally high quality of life in many respects. The warm climate, mountains, sea air, free healthcare, friendly people, delicious food at relatively low prices, meager crime rates, growing economy, and innovations… Cyprus company setup often becomes a reason to stay here longer to enjoy the local quality of life.

Add to this list the fortunate location at the intersection of Europe, Africa, and Asia, and most importantly — one of the lowest corporate tax rates in the EU (12.5%). Cyprus business registration is already a good investment in itself.

Advantages of Company Formation Cyprus

• Privileges and international image of European Union companies.
• Tax-free sale of shares for holding companies.
• Access to international-level financial institutions.
• Convenience and flexibility of remote business management — technologies allow you to register a company in Cyprus online without any problems.
• 0% tax on dividends.
• Freedom of international operations.
• 0% VAT on B2B transactions in the EU and beyond.
• Absence of double taxation.

Despite its apparent simplicity, fast Cyprus company incorporation requires knowledge and attention to detail, as well as a comprehensive approach. SBSB Fintech Lawyers are ready to provide full legal support for your project at any stage to make the legal entity setup in Cyprus a quick and risk-free process for you.

Step-by-step Company Registration in Cyprus

Step 1: Planning corporate establishment

You don’t need to go anywhere — SBSB Fintech Lawyers can always consult you remotely. The process of company formation begins with choosing a name and corporate structure. The chosen name must be approved and reserved in DR-COR (Department of Registrar of Companies and Official Receiver).

Step 2: Incorporating company in Cyprus

Cyprus business registration itself has 3 stages:

1. Preparation of such necessary documents as the Memorandum and Articles of Association of the company. Documents should include the following data: business name and purpose, names and addresses of co-founders, size of authorized capital, number of shares, internal rules and rights, date of shareholder meetings, etc.
2. Submission of a package of prepared documents by lawyers for Cyprus company setup to DR-COR ( Department of the Registrar of Companies and Official Receiver).
3. Approval of business incorporation by DR-COR, signing of the Articles of Association and Memorandum, issuance of relevant certificates and certificates.

Step 3: Post-registration project support

The incorporation of a Cyprus company does not usually mean that the work of SBSB Fintech Lawyers specialists is over. The next steps in supporting and accompanying the client’s project may include:

• opening a bank account in Cyprus;
• registration of VAT;
• registration as an employer for hiring staff, etc.

Company formation Cyprus can be a complex and exhausting process, especially if you are not physically present in Cyprus. Fortunately, the services of SBSB Fintech Lawyers experts allow you to do this remotely — easily and quickly. Leave your request on the website, and we will contact you to discuss all the details of your project!