Register your company in Cyprus in 15 days from €799 — EU-based, low tax, fully remote

A Cyprus private limited company is typically incorporated in about 5–7 working days after name approval, with the full end-to-end setup — including tax and VAT registration — usually completed within 10–15 working days.

The government incorporation fee is €165 (plus €100 if you need accelerated processing). Professional formation packages are quoted separately and depend on the services you need; the former €350 annual company levy was abolished from 2024.

Yes. Cyprus allows 100% foreign ownership of a private limited company. Shareholders and directors can be individuals or companies of any nationality, and the company can be incorporated entirely remotely.

No. The entire incorporation can be completed remotely under power of attorney. You may occasionally need a video verification call when opening a traditional bank account, but registration itself does not require travel.

Cyprus's corporate income tax rate is 15% from 1 January 2026, up from the previous 12.5%, aligning Cyprus with the OECD global minimum tax. Qualifying intellectual-property income can be taxed at an effective rate of roughly 3% under the IP Box.

You must appoint at least one director and a company secretary. There is no nationality requirement for directors, but a Cyprus-resident director is recommended if you want the company to be Cyprus tax-resident, because tax residency depends on management and control being exercised in Cyprus. A registered office in Cyprus is also required.

A Cyprus company must file an annual return (HE32), prepare financial statements (audited, or reviewed for very small companies), file a corporate tax return, submit VAT returns if registered, and confirm its beneficial-ownership register each year between 1 October and 31 December. There is no longer an annual company levy.

Yes. We help open a corporate account: an EMI account such as Wise or Revolut can usually be opened within 1–5 business days for immediate operations, while a traditional Cyprus bank account for a foreign-owned company typically takes 4–10 weeks due to enhanced due diligence.

The beneficial-ownership (UBO) register records every individual who ultimately owns or controls more than 25% of the company. New companies must file within 90 days of incorporation, report any change within 45 days, and confirm the register annually between 1 October and 31 December; missed deadlines carry daily penalties.

Most Cyprus companies require audited financial statements prepared by a licensed auditor. A very small company that stays below €300,000 turnover and €500,000 total assets for two consecutive years (financial years beginning on or after 6 February 2026) may opt for a limited review instead of a full audit.

No. A Cyprus private limited company has no mandatory minimum share capital, so you can incorporate with a nominal amount (for example €1,000 of authorised capital). This makes Cyprus one of the most flexible EU jurisdictions for company formation.

Yes. A single person can be the sole shareholder and sole director of a Cyprus private limited company. However, a separate company secretary must still be appointed — the sole director cannot also act as the company secretary.

As a non-resident you appoint us under power of attorney, we obtain name approval (HE1), draft the Memorandum & Articles, file the incorporation documents (HE2/HE3), register for tax and VAT, file the UBO register, and assist with opening a bank or EMI account — all remotely, with documents signed and exchanged electronically.

For each director, shareholder and beneficial owner we collect a certified copy of a passport or national ID, proof of residential address (a recent utility bill or bank statement), and source-of-funds information. These KYC documents are required by law before we can act and before a bank will open an account.

The Cyprus IP Box gives an 80% deduction on qualifying intellectual-property profit, reducing the effective tax rate on that income to roughly 3%. It is used by software companies, tech founders, and businesses earning royalties or income from patents and other qualifying IP.

Yes — every Cyprus company must maintain a physical registered office address in Cyprus where official documents are served. We provide a registered office and company-secretary service as an add-on so you meet this requirement from day one.

Cyprus combines EU membership and a common-law system with a 15% corporate tax rate, a strong holding-company and IP regime, 0% withholding tax to non-residents and no annual company levy. Compared with Malta (35% headline), Ireland (12.5% trading only), Estonia (tax on distribution) and the UAE (9%, non-EU), Cyprus offers a balanced, EU-compliant base for international business.