Cyprus company
- Your Company Formation in Cyprus in 7-14 days.*
- The most competitive price, in complete transparency.
- Client private data protection via secured systems.
- A dedicated manager available throughout the year.
- Your company and its application for a bank account, including eBanking and credit card.
General information
Cyprus is an island nation located in the eastern Mediterranean Sea, with a population of approximately 1.2 million. The official languages are Greek and Turkish, while English is widely spoken and commonly used in business, legal, and government settings, making it a convenient jurisdiction for international investors.
A member of the European Union since 2004, Cyprus has experienced steady economic development over the past two decades and has solidified its reputation as a strategic gateway between Europe, the Middle East, and Asia.
Cyprus is a well-established International Financial Centre, known for its business-friendly legal framework, EU-compliant regulations, and favorable tax environment. It offers one of the lowest corporate tax rates in the European Union, currently set at 12.5% on worldwide income for resident companies. In addition, Cyprus has an extensive network of double tax treaties and applies the EU Parent-Subsidiary and Interest and Royalties Directives, making it a popular jurisdiction for holding and trading companies.
The most common type of entity used for business in Cyprus is the Private Company Limited by Shares (Ltd), which is versatile and suitable for a wide range of commercial activities. Company incorporation in Cyprus is efficient and typically takes 5–10 business days, depending on the complexity of the structure and regulatory requirements.
Cyprus company main characteristics:
| Company type | Private Company limited by share. |
| Corporate legislation | The Cyprus Bar Association is the governing authority and companies are regulated under the Cyprus Companies Law, Cap. 113. |
| Information published relating to company officers | Upon registering your company in Cyprus, company officers name will appear in the business registry, however, nominee services are available. |
| Confidentiality | Cyprus offers a high level of anonymity and privacy. |
| Accounting requirement | Yes |
| Taxation | Among the lowest in Europe |
| Legislation | Modern offshore legislation |
| Standard Currency | Euro |
| Time to form | Cyprus has an efficient Registry : 7 days formation time. |
| Stability | Stable jurisdiction with very good reputation. |
| Communication | Efficient communication means. |
| Time zone | Convenient world time zone: GMT+2 |
| Secretary required | Yes |
| Paid up capital requirement | No paid up capital requirement. |
| Basis of legal system | Under Common Law. |
| Minimum directors/shareholders | A minimum of 1 director/shareholder suffice for incorporation. |
| Bearer shares | Bearer shares are not permitted. |
EU-Based Entity Formation
Establishing a European corporate presence provides access to one of the world’s largest single markets and a broad network of suppliers and partners. Operating as an EU-registered company enhances credibility and offers the potential to engage in intra-EU trade under the reverse charge mechanism, allowing for VAT-neutral transactions between VAT-registered businesses.
Offshore company
Establishing an international company in a tax-efficient jurisdiction can support cost optimisation and improved capital allocation. When structured and managed correctly in accordance with applicable laws, such entities may benefit from favourable tax treatment. This can enable businesses to reinvest a greater portion of their earnings into growth and development.
Bank accounts
Let us handle the paperwork while you focus on your business. With LinkedEurope, your bank account can be opened within a month — quickly, efficiently, and without hassle.