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Steps to incorporate a company in Cyprus

How to start an Cypriot limited company. Incorporation or formation of a company in Cyprus.

 

 

According to the Law of Cyprus, the Request for Name Clearence and Registration of the Company must be made through the Legal Office of Cyprus.

The training procedure of a company, as a general is as follows:

The steps in the formation

Data required for Cyprus chipre
Advantages of Cyprus
Company Tax in Cyprus
  • Adoption of the name of the company
  • Application of Exchange Control approval to the Central Bank
  • Preparation and printing of the Memorandum and Articles of Association of society in Greek and English
  • Delivery to the Companies Registry the Memorandum and Articles of Association of the company, in Greek and English, along with the forms HE1, HE2, HE3, a copy of the Central Bank approval and receipt of payment of registration fee
  • As soon as you register the company, you must give to the Secretary a Certificate of Registration in Greek as well as an English copy, with certified copies of the list of directors and administrative secretary, shareholders, registered address, the Memorandum, the Articles of Association and a certificate attesting to the legality of the society. When the company already has a Certificate of Registration, the first official meeting of directors may be called to address legal issues as the appointment of auditors, administrative clerks, legal counsel, opening bank accounts, approval of the corporate seal of Memorandum, the Articles of Association etc.
  • All application, registration, training and procedure may be made within 7 to 10 days
  • There are certain registration fees to be paid once the application for registration of any society
  • The Central Bank of Cyprus need bank references from the proposed shareholders of the company.
  • Reference may be from a bank in the country of residence of shareholders
  • Provide the name, address, occupation and nationality of the proposed shareholders and the proportion of shares they hold in society
  • Provide the name, address, occupation and nationality of directors and the administrative secretary of the society
  • A proposal for the direction of the company's corporate headquarters
  • We can supply nominee shareholders, directors, administrative secretary and registered office if requested

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