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Speciális ajánlatCOMPANY FORMATION
Cyprus
INCORPORATION DATASHEET

 
37 years at the top! The system in Cyprus provided in the past, still provides today and can be expected to continue to provide in the long term a uniquely stable opportunity for the registration of international holding and trading companies. The tax system is excellent, in both European and worldwide terms, for those wishing to place their wealth securely in the long run. The more than 60 agreements for the avoidance of double taxation signed by Cyprus facilitate the redistribution of income from dividends, interest and royalties to Cyprus and the further forwarding of such incomes to other jurisdictions.

Cyprus Brochure

You can download our brochure here:
Cyprus Brochure

Why Cyprus? 

Cyprus: „Resident, but not Domiciled” - Favourable changes in the taxlaws in Cyprus  

Company Formation in Cyprus: SPECIAL OFFER

Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the shareholders of the company. The minimum number of shareholders is 1.
Company legal form: Private Limited Company by shares
Company status: Resident Company by shares
Source of corporate legislation: International Trust Law of Cyprus.
Possible suffixes to company name: Ltd., Limited.
Restrictions on company name: The terms Bank, Insurance, Global, National, Imperial, European, Cooperative, World-wide, Investment, Financial and Trust may not appear in the company name.
Time required for incorporation: 3-4 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum requirement, usually 1000 EUR the payment of which is not obligatory.
Accounting / reporting requirements: Yes. Audited accounts are required annually.
Type of shares: Registered
Annual tax and duties: 12,5% of net profit and 350 EUR
Information publicly available: Registered office, directors, secretary, shareholders.
Disclosure of beneficiaries: Not required
Registered office: Registered office is required by law.
Registered secretary / agent: Company secretary is required by law.
Double tax treaty: Cyprus has an extensive network of DTTs

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 270 EUR
Notarial certification: 90 EUR
International authentication (Apostille): 90 EUR
Legal expenses, filing fees and stamp duties: 70 EUR
Issuing of share certificates and initial minutes and forms: 80 EUR
Compulsory Tax Registration Fee 100 EUR
Corporate seal: 45 EUR
Courier fees: 45 EUR
Subtotal: 790 EUR
ANNUAL FEES*
Registered office and registered agent: 390 EUR
Company secretary: 390 EUR
Annual tax and duties: 12,5% of net profit and 350 EUR in the subject year
Due diligence checking fee:  100 EUR
Subtotal: 880 EUR
Total: 1670 EUR


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 880 EUR is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.
 

The amount of 1670 EUR includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and secretary for 1 year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation in Greek, official English translation of the Certificate of Incorporation with international (Apostille) certification, Memorandum & Articles of Association in Greek with official English translation with international (Apostille) certification , Appointment of First Directors, Certificate of Directors and Secretary with international (Apostille) certification, Certificate of Shareholders with international (Apostille) certification, Certificate of Registered Office with international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors, secretaries and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 980 EUR
Part-time employee: 980 EUR
Nominee shareholder: 210 EUR
Accounting & auditing fee: Varies according to the number of transactions involved.
Special Power of Attorney with Apostille
(director is private person):
290 EUR
Notarial Certification or Apostille: 90 EUR
Certificate of Good Standing: 90 EUR
Certificate of Tax Residence: 275 EUR
Accounting and auditing price list
In cases where the total number of attorneys, shareholders and beneficiaries in a company is more than 5, a supplement of 100 EUR will be payable for each additional person.

LAVECO Ltd. is pleased to offer its clients shelf companies in Cyprus. Contact our office for details and a list of shelf companies. The price of shelf companies varies according to the level of optional services required.

 

Special offer: Cyprus

SPECIAL OFFER

LAVECO Ltd. is pleased to offer its clients
companies in Cyprus
at extremely attractive rates!


Formation of the Cyprus company: 

Special offer: Cyprus - 2090 EUR
 instead of 3 150 EUR

Formation of the company includes the following services:

  • Registration of the company,
  • Duties payable to the local authorities for the registration of the company,
  • Registration-related administration,
  • Delivery of the company documents to the relevant office of the LAVECO Group,
  • Registered Office for one year,
  • Registered Secretary for one year,
  • Company Director for one year,
  • Nominee Shareholder for 1 year,
  • Luxury leather corporate kit containing
    • Certificate of Incorporation in Greek,
    • Official English translation of the Certificate of Incorporation with international (Apostille) certification,
    • Memorandum & Articles of Association in Greek with official English translation with international (Apostille) certification,
    • Appointment of First Directors,
    • Certificate of Directors and Secretary with international (Apostille) certification,
    • Certificate of Shareholders with international (Apostille) certification,
    • Certificate of Registered Office with international (Apostille) certification,
      minutes of directors’ and shareholders’ meetings,
    • Share certificate(s),
    • Registers of directors, secretaries and shareholders,
    • Special Power of Attorney with Apostille,
    • Company seal, company stamp
  •   Cyprus Bank account
Annual fees payable from the second year:   Special offer: Cyprus - 1860 EUR
 instead of 2 360 EUR

Annual fees payable from the second year include:

  • Registered Office,
  • Registered Secretary,
  • Company Director,
  • Nominee Shareholder,
  • Special Power of Attorney with Apostille.
All the above fees are subject to 19% VAT
Related news:
Cyprus: Foreign firms keen to invest more in the long term    25.02.2014
UK LLP-Cyprus-Malta-Hong Kong-UAE    24.02.2014
Cypriot VAT Hikes Take Effect    16.01.2014
Cyprus banks’ private sector deposits rise in Nov -ECB    06.01.2014
Cyprus and India discuss new double taxation deal    05.12.2013
S&P boost for Cyprus, Netherlands downgraded    29.11.2013
OECD raps Cyprus over tax transparency    25.11.2013
Extra EU funds for Cyprus    14.11.2013
Troika eases Cyprus recession f’cast for 2013, ups 2014    08.11.2013
Cyprus: mandatory registration of trusts introduced    18.10.2013
Possible new tax amnesty for Cypriot residents    01.10.2013
Casino to ease the financial pain in Cyprus?    01.10.2013
Cyprus aims to lift capital controls by early 2014    19.09.2013
Cyprus Government Plans To Amend Property Tax    21.08.2013
The announcement of the Central Bank of Cyprus    31.07.2013
Cyprus, lenders set Bank of Cyprus bail-in at 47.5 pct, sources say    29.07.2013
Cyprus Looking at Tax Amnesty    25.07.2013
17th decree from the Central Bank of Cyprus    22.07.2013
Double Taxation Treaty between Ukraine and Cyprus is submitted for ratification    10.06.2013
Directives of the Central Bank of Cyprus - Modifications - 24.05.2013    24.05.2013
Directives of the Central Bank of Cyprus - Modifications - 10.05.2013    10.05.2013
Taxation trends in the European Union    02.05.2013
Cyprus partly eases capital controls    29.04.2013
Cyprus Parliament Raises Taxes    24.04.2013
Cyprus invents compensation scheme for lost investments    18.04.2013
Latest Restrictive Measures regarding Cypriot Banks    12.04.2013
DIRECTIVES OF THE CENTRAL BANK OF CYPRUS - Modifications - 09.04.2013    09.04.2013
Cyprus Considers Corporate Tax Break To Retain Business    08.04.2013
Cyprus re-opens the banks    29.03.2013
DIRECTIVES OF THE CENTRAL BANK OF CYPRUS    28.03.2013
CLARIFICATIONS FOR CHEQUES DEPOSITS    28.03.2013
Money fled Cyprus as president fumbled bailout    27.03.2013
Cyprus bailout: Banks to stay closed until Thursday    26.03.2013
Cyprus May Accept 12.5% Corporation Tax, Says Presidential Advisor    14.03.2013
Fighting tax evasion: stronger EU rules enter into force on 1st January    24.01.2013
Cyprus taken off the blacklist    01.12.2012
Cyprus and Ukraine sign new Double Tax Treaty    30.11.2012
Cyprus removed from Russian Black List    29.11.2012
Cyprus: modernised Trust law    01.07.2012
Cyprus: royalty collector Nr 1    01.07.2012
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