Case Study: Cyprus Company Registration in 2 Weeks

Case

A businesswoman living in Spain approached us. She provides SMM and digital marketing services to international clients.

As her business expanded, she needed to register a company in Cyprus as quickly as possible in order to conclude new contracts with clients from EU countries. In addition, she needed to open a corporate account promptly so that immediately after the company registration she could start receiving payments and issuing invoices.

The key requirement was to meet strict deadlines, as the signing of the contracts had already been scheduled.

Tasks to Be Solved

• register a Cyprus company entirely remotely;
• open a corporate account within the shortest possible timeframe;
• ensure successful completion of all compliance checks;
• meet the established deadline so that the client could start working with European customers on time.

Feod Group Solution

1. Cyprus Company Registration — 2 Weeks

Our lawyers provided full legal support throughout the company registration process:

• obtained approval for the company name;
• prepared the complete set of incorporation documents;
• arranged remote execution of all documents;
• registered the company with the Cyprus Registrar of Companies;
• obtained the full package of corporate certificates: Certificate of Directors and Secretary; Certificate of Shareholders; Certificate of Registered Office; Certificate of Incorporation.

These corporate certificates are required to open a corporate bank account.

The entire process was completed remotely, and the client did not need to travel to Cyprus. Thanks to the well-organized process, the company was successfully registered in just two weeks.

2. Opening a Revolut Business Corporate Account — 3 Days

At the same time, Feod Group specialists started preparing the documentation required to open the corporate account. Once the company registration documents were issued, an online application was submitted to Revolut Business together with the company’s corporate documents and the documents of the director and shareholder.

As a result, the corporate account was successfully opened in just 3 business days.

Why Revolut Business?

Opening a corporate account with a traditional Cyprus bank may take around one month, as banks conduct detailed Know Your Customer (KYC) and compliance checks. If a company needs to start operating sooner, it is possible to open a corporate account with a payment institution such as Revolut Business, which usually takes significantly less time (up to one week) and allows the business to start its financial operations without delay.

Both accounts can be used simultaneously. This approach enables a business to begin operating immediately while still obtaining a traditional banking relationship for long-term banking services.

The entire process was also completed remotely.

Result for the Client

As a result of cooperation with Feod Group, the client received both a registered Cyprus company and a corporate account:

• the company was registered in Cyprus within 2 weeks;
• the corporate account was opened within 3 days;
• new contracts with European clients were signed within the planned timeframe;
• the client was able to legally issue invoices and receive payments from customers across the European Union;
• the entire legal process was handled remotely, without the need for a personal visit to Cyprus.

Summary

When company registration and corporate account opening are handled by an experienced team, many processes can be carried out simultaneously. This significantly reduces the overall timeframe and helps avoid unnecessary delays.

The Feod Group team supports clients at every stage — from selecting the optimal corporate structure to company incorporation, opening a corporate bank account, and providing ongoing legal support for the business.

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