Cyprus Private Limited Company Incorporation (Ltd)

Yes. Nothing in the law asks a director or shareholder to be in the Republic, and the signing is done from wherever you are. Our team gathers the identity papers by email, prepares the Memorandum and Articles with a Cyprus advocate, and coordinates the filings on your behalf. The registered office and the company secretary come with the package, so it has its footing on the island without you travelling there. The corporate kit follows by express courier.

The formation and the first year of standing. Every package carries the government fees, the name checks, the Memorandum and Articles prepared with a Cyprus advocate, a year of registered office and company secretary, the statutory registers, share papers and the digital Certificate of Incorporation, plus courier delivery and an Airwallex account. Basic is US$1,799 and Premium US$2,999. Bookkeeping, the audit and the corporate income tax return are quoted separately, because they depend on trading volume.

Yes. Every package includes free account opening with Airwallex for multi-currency payments. For a bank or payment institution in Cyprus or elsewhere in the EU, we advise on which ones fit its activity and owners, prepare the application and the supporting papers, and handle the bank's questions with you until it decides. A Cyprus Ltd is an EU company with a VAT number, which helps the conversation, but the decision rests with the bank.

More than an offshore company, because Cyprus is an EU member. Fifteen duties follow it: a registered office and secretary at all times, an annual general meeting, audited financial statements, the Annual Return with the accounts attached, the yearly beneficial ownership confirmation, a corporate income tax return and two payments on account. Eleven sit inside your annual engagement with us at US$1,499 a year. The four on the accounting side need your figures, and we prepare them alongside your accountants.

Both. Moving one to us means changing its registered office and company secretary, at US$350, followed by the compliance package from US$1,499 a year. It trades on under the same name and number, its past intact. If you want it closed, we advise on the route, prepare the resolutions and the closing paperwork, coordinate with the liquidator and your accountants on the final accounts, and manage the process on your behalf until it is struck from the file.

In part. A person can start one, but the declaration that accompanies the incorporation papers must be sworn by a practising Cyprus lawyer, the forms are in Greek, and you then carry the secretary, the registered office and the yearly filings yourself. What we add is advice on structure and on whether the board can genuinely sit in Cyprus, preparation of everything with a local advocate, management of the process on your behalf, and support afterwards.

One director and one shareholder, and the same person may be both. A private company may have up to fifty shareholders. The law sets no residence or nationality test for either, so in law they may live anywhere. Where the directors should live is a tax question rather than a legal one: residence in Cyprus follows management and control, so a board that meets and decides there is what earns the Cyprus rate and the treaties.

Yes to both. A company may serve as a director, and a corporate shareholder is allowed without restriction. The company secretary may also be a company rather than a person. Two things follow. Directors are named on the public company file, whatever form they take. And the people who ultimately own or control more than 25 percent are identified through every holding company until a person is reached, then entered on the beneficial ownership record, which has not been open to the public since November 2022.

There is no minimum, and nothing has to be paid up on formation. The usual arrangement is EUR 1,000 divided into 1,000 shares of EUR 1, which is a market habit rather than a rule. Capital may be in euro or another currency, every share carries a fixed par value, and more than one class of share is allowed. Bearer shares are not. The capital figure sits on the public company file, which is one reason most owners keep it modest.

Yes, at all times. Every Cyprus Ltd company must have a company secretary, which sets it apart from most offshore forms. The secretary keeps the statutory registers, minutes the meetings and prepares what goes to the authorities, and is named on the public file. The role may be held by a company rather than a person. A secretary is included in every package for the first year and renewed inside the annual engagement, together with the registered office.

A company is tax resident in Cyprus when its management and control are exercised there, and that turns on where the board meets and takes its decisions rather than on where it was formed. Residence is what brings the corporate rate of fifteen percent on worldwide profit from 2026, the treaties with more than sixty countries, and the exemptions on dividends and share sales. It has to be earned: directors who genuinely sit in Cyprus, meetings held there and decisions recorded there.