Open Bank Account Cyprus

Cyprus companies have the possibility to establish corporate bank accounts in Cyprus national currency or other main foreign currencies. As most European banks, corporate account holders in Cyprus will be charged with the following types of commissions:
-    commission-fee for setting up the Cyprus bank account;
-    on-going administration fee – it is usually charged yearly or monthly;
-    commission-fees for deposits or withdrawals;
-    commission-fee for closing the account.

Documents requested for the opening of an Cyprus bank account might differ from bank to bank. However banks in Cyprus usually request the following documents:
-    copies of passports/ID Cards of directors and shareholders;
-    copy of the Cyprus company’s Articles of Association;
-    copy of the company’s Certificate of Incorporation issued by the Cyprus Trade Register;
-    Trade Register Extract/Certificate of Good Standing;
-    Specimen Signatures of Directors;
-    Bank Forms.

Regarless of the above mentioned services, BridgeWest can also assist you in opening a company in Cyprus.