Steps for Company Formation in Cyprus

The Cyprus laws regulate the structure of companies and legal forms, and are very similar to the ones of the United Kingdom. In order to function, every company in Cyprus must be registered within the Registrar of Companies, a procedure that can be done by nationals or foreigners, with few differenc ...

    Cyprus is a major business center offering great business facilities including a low tax haven, with a stable economy and a welcoming territory for foreign investments. The company registration procedure in Cyprus is basically the same for all business entities, having a simp ...

The Cyprus Department of Registrar of Companies administers the Register of Companies in Cyprus, partnerships, business names, trade marks, patents and regulates properties of insolvent legal natural persons. The Department's role is to maintain everybody properly informed of the status of the comme ...

Setting up a company branch in Cyprus There are plenty of entrepreneurs who start up their business in Cyprus, either by setting up companies, or establishing Cypriot branches or subsidiaries of foreign companies. A Cypriot branch is not a separate legal entity, the parent company disposing of the ...

There are many ways to invest in Cyprus and even more reasons. Cyprus offers a welcoming environment for foreign investment, and the government has a positive attitude towards it. Entrepreneurs often choose to establish companies as it is one of the best ways to invest here. In order to do that entr ...

  1. What is the minimum share capital of a Cypriot Private Company Limited by Shares? In Cyprus most entrepreneurs who start their small to medium-sized business incorporate a Private Company Limited by Shares. This company type is not required a minimum initial capital. 2. What is the ...

  1. What is the corporate tax in Cyprus? The standard corporate tax rate for companies that are registered in Cyprus is 10%, one of the lowest in Europe. 2. What is the VAT in Cyprus? In Cyprus, the standard VAT rate is 18%, but there is a reduced rate of 8% and 5%. There a ...

1. What is the VAT rate in Cyprus? In Cyprus, the standard VAT rate is 18%, but there is a reduced rate of 8% and 5%. The 8% VAT rate is applied to transport of passengers, restaurants, accommodation, while the 5% rate applies to hair salons, maintenance of private households, confectionary products ...

Country profile Cyprus is a republic with 754,064 inhabitants, that are extended on 9,250 kilometers square. The country is actually an island, situated in the Mediterranean Sea. The capital city of Cyprus is Nicosia, with approx. 195,000 people. Other important cities include Larnaca, Limassol or P ...

Anyone who wants to set up a business in Cyprus needs to be aware of the rules mentioned in the Cyprus Company Law, cap. 113, which is considered to be inspired by the English Companies Act 1948. Anyway, there were some amendments to the Companies Law, which were introduced in 2000 and 2001. As a co ...

General overview There are over 1,000 international businesses in Cyprus at the moment and the main priority for the Cyprus Government is to attract even more foreign investments. As a consequence, the Cypriot government established the Cyprus Investment Promotion Agency (CIPA) in order to promote t ...

Many elements contribute to making Cyprus an attractive option for foreign investments. Doing business on this island is facilitated by location, infrastructure, work force and tax system. Besides, the Central Bank of Cyprus provides sufficient data to consider that Cyprus has a high potential in te ...

  A Limited Liability Company in Cyprus is regulated by the Cyprus Company Law, Chapter 113, being the most popular form of business that foreign investors choose when coming to Cyprus. One entrepreneur can choose to form a company as holding, property or general trading company. Capital There ...

Joint Stock Companies in Cyprus are public companies limited by shares (PLC). As a matter of fact, any company without the restrictions applicable to private companies limited by shares is a public company. A PLC has access to capital markets and may sell its shares to the public, as well as being l ...

A lawyer in Cyprus is both an advocate and an advisor in legal situations. A Cyprus attorney can help prevent and solve legal issues by providing advice to local and international clients. Law firms in Cyprus must have the proper expertise in order to provide advice to and act for individuals and co ...

The profession of public notary in Cyprus does not exist. The duties that usually belong to public notaries in other states are performed by lawyers in Cyprus who are members of the Cyprus Bar Association. There are also certifying officers in Cyprus who can only deal with only one of the notary&rsq ...

Accountants in Cyprus are members of the Institute of Certified Public Accountants of Cyprus. This body regulates the profession of an accountant in Cyprus, but at the same time it supports and promotes their professional interests, as well as their reputation. The institute also supervises the acco ...

A power of attorney in Cyprus is a formal means of handing over one’s authority to make decisions on another person’s behalf. The activities that the attorney is entitled to perform are usually defined in the power of attorney in Cyprus. These actions may include representation in legal ...

1. What is the minimum share capital? One can choose between two most popular types of companies that are usually set up in Cyprus. For a Private Company Limited by shares, there is no minimum share capital required, but if the choice is the establishment of a Public Company limited by shares, then ...

BridgeWest handles all steps required for company liquidation in Cyprus. Please contact us via email or phone for appointing a liquidator to carry on the company dissolution, submitting the required application forms, applying specific documents with the Companies Registrar, closing t ...

BridgeWest handles opening representative offices in Cyprus and in other European countries. For more information, please contact us. What are the special requirements for creating a Cyprus Representative Office? To increase the presence at a global level and assist their clients who wish to do busi ...

There are four main forms that a non profit organization may take in Cyprus: non profit companies, foundations, associations and clubs. The registration of such organizations in Cyprus is regulated by the Ministry of Interior and the District Offices (in the case of clubs) The non profit companies i ...

 In Cyprus is a popular fact that the confidentiality of the beneficial owners of the private or public companies limited by shares in Cyprus is assured by appointing a nominee director. Any entity, individual or corporate body can be appointed to replace the beneficial owners stated in the inc ...