Setting Up a Company in Cyprus is Not Difficult
Establishing a company in Cyprus is an easy and advantageous option for foreign investors from all walks of life. Cyprus has a stable economy, tax system and legislation; the country’s business structure is straightforward and offers a wide range of opportunities for foreign investors. Choices include limited liability companies, subsidiaries, business partnerships, and affiliates. Regardless of your business type, we at 3E Accounting will help and guide you to set up your company in Cyprus smoothly.
Documents Required for Company Registration
Important documents required when registering a company in Cyprus:
1. Notarized passport copy of each shareholder
2. Approval must be obtained through the Trade Registry for the chosen company name
3. Articles of Association and Notarized Articles of Association
4. Information About Company Directors
5. Bank statement showing the share capital deposited into the business
6. Lease agreement or property rights, indicating the legal address of the company in Cyprus
Sound complicated? Our agents and relationship managers will help you prepare and keep all these documents in order. With our support and guidance, procedures such as drafting articles of association and other documents, finding an office in Cyprus, contacting a local notary and helping clients set up local bank accounts can all be easy.
Company Registration Process
1. The process is carried out step by step efficiently. First, a company name must be chosen, and the company name must be registered with the Companies Registry in Cyprus.
2. A notary public must prepare and notarise The company’s statutory documents. This step can be time-consuming, but our managers will do it for you quickly.
3. Once all the documents are ready, submit them to the Cyprus Trade Registry and request their approval.
4. Your company must register for taxation with the tax authorities.
Time Required to Register a Company
Usually, companies trying to expand their business overseas will spend a lot of working time. Due to financial pressure, preparations, such as resource reorganization and decision-making, will be troublesome. Therefore, our 3E Accounting will do it in the shortest possible time.
