Business formation in Cyprus
The procedure of business formation
Concerning the official requirements and protocols, our all-inclusive offerings encompass every element of establishment of a company. Starting from the initial arrangement to the necessary paperwork, we take care of the complete procedure, enabling you to concentrate on your primary business goals. Our team aids you in:
1
Choosing the right business structure
We acknowledge the utmost importance of selecting the most optimal legal structure for your business. Whether it involves incorporating, forming a partnership, or operating as a sole proprietor, our experts provide tailored guidance to assist you in achieving your goals.
2
Drafting legal documentation
We have a team of talented experts who will create all the necessary legal paperwork, including shareholder agreements, articles of association, and employment contracts, customized to suit your business's specific requirements.
3
Bank account opening
To effectively handle financial transactions, receive payments, and make disbursements, it is necessary to establish a corporate bank account in the country.
4
Registering with authorities
Our specialists will guide you through the bureaucratic process by taking care of all the required registrations, such as tax authorities, social security, and trade registers, in order to ensure adherence to the legal framework in Cyprus.
Timeline for business formation: setting expectations
The length of time required to establish a company in the country depends on the type of business entity selected. Typically, it takes around 2-4 weeks to fulfill all necessary procedures and set up a company.
Types of legal business structures in Cyprus
We are experts in helping you establish different types of companies, guaranteeing that the structure of your business aligns perfectly with your goals.
Public Limited Liability Company (Δημόσια Εταιρεία Περιορισμένης Ευθύνης)
The Public Limited Liability Company is a popular option for businesses in Cyprus due to its convenient registration process and adaptable structure, making it a feasible choice for entrepreneurs. We have the capability to assist you in establishing this particular type of company in Cyprus.
Private Limited Liability Company (Ιδιωτική Εταιρεία Περιορισμένης Ευθύνης)
Small and medium-sized businesses in Cyprus frequently opt for the Private Limited Liability Company, which requires a minimum capital of €1,000. This type of company allows for easy share transfers and offers opportunities to raise capital through private offerings. Our team is available to support you throughout the registration process for your Private Limited Liability Company in Cyprus.
Limited liability company by guarantee without share capital (Εταιρεία Περιορισμένης Ευθύνης με Εγγύηση και χωρίς μετοχές)
If you are a non-profit organization or association in Cyprus, the Limited liability company by guarantee without share capital is a popular option. It offers limited liability for its members and allows for activities without share capital. We have the expertise to assist you in establishing this type of company in Cyprus.
Limited Liability Company by guarantee with share capital (Εταιρεία Περιορισμένης Ευθύνης με Εγγύηση και Μετοχικό Κεφάλαιο)
Non-profit organizations and associations in Cyprus frequently select the Limited Liability Company by guarantee with share capital. This choice provides members with limited liability and permits activities involving share capital. Our aim is to support you with the registration procedure for your Limited Liability Company by guarantee with share capital in Cyprus.
Holding Company
In Cyprus, a holding company is a useful tool for controlling other companies by owning their shares. Setting up a holding company in Cyprus can provide several advantages, including centralized management, risk diversification, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making processes, and optimize tax planning strategies. Our team of experts offers personalized support and guidance to assist you in establishing and running a holding company in Cyprus, while ensuring compliance with regulations and maximizing the potential of your corporate structure.
Branch Office
A branch office is an extension of the main company, enabling it to do business in another place while maintaining its original legal identity. Setting up a branch office in Cyprus can have benefits for companies seeking to expand without forming a separate legal entity. By operating as a branch, the parent company can utilize its existing brand reputation and resources while accessing new markets. We provide complete assistance in navigating the complexities of establishing and handling a branch office in Cyprus, ensuring a seamless and compliant entry into the market.
Our business formation solutions
We have available two convenient choices for establishing a company, to accommodate your preferences and guarantee a seamless entry into the business environment in Cyprus.
Business formation online
Start the process of creating your company online effortlessly, no matter where you are or what time it is. Our committed staff is available to assist you throughout every stage of the process, offering customized help that suits your individual requirements. Whether it’s submitting documents or keeping track of your progress, we guarantee a smooth experience through electronic tools and a user-friendly interface. Allow us to streamline the process of incorporating your business, providing skilled assistance while you establish your company with minimal effort.
Business formation remotely
Allow our team in Cyprus to handle all the necessary paperwork and legal procedures for you, enabling you to concentrate on your primary business operations.
Contact us
Are you prepared to start your business venture in Cyprus? Don’t attempt to handle the complications by yourself. Reach out to us for professional aid and personalized strategies to simplify the process of establishing your business. Our team of skilled experts is available to support you throughout the entire journey, ensuring a smooth and prosperous entry into Cyprus’ thriving business environment. Let’s collaborate to turn your company objectives into a tangible achievement.
Ready for the next step
Accelerate your business growth while we take care of everything else.