Company Registration in Cyprus with Full Legal Support
Content
- Company Registration in Cyprus in 2026
- Why Businesses Choose Cyprus
- Who Should Consider a Cyprus Company
- Requirements for a Cyprus LTD
- Documents Required for Registration — Checklist
- Cyprus Company Incorporation Process
- Corporate Documents Received After Registration
- Company Registration Timeframe
- Cost of Setting Up a Company in Cyprus
- Taxes for Companies
- Substance
- Comprehensive Cyprus Company Support with Feod Group
Feod Group has been providing one-stop-shop assistance with business registration and launch in Cyprus since 2007. We coordinate the entire process: reserving the company name, preparing the Memorandum & Articles of Association, completing and submitting HE1, HE2, and HE3 registration forms, obtaining corporate certificates, and then assisting with tax registration, bank account opening, and the company’s ongoing operations.
Why clients choose us:
- office in Larnaca | supporting clients in Cyprus since 2007;
- multilingual team: English, Greek, Ukrainian and Russian;
- company registration and ongoing corporate support in one place.
For our clients, we are a single point of contact in Cyprus – from company incorporation to fully operational business activities.
Get a free consultation on how to open a company in Cyprus and receive a personalised estimate of the timeframe and costs.
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Benefits of Setting Up a Company in Cyprus
The main reasons to set up a company in Cyprus go beyond the corporate tax rate. Cyprus offers entrepreneurs the opportunity to establish an EU corporate structure aligned with their actual business model and the requirements of EU tax and corporate legislation.
| Benefit | What It Means for the Beneficial Owner |
| EU jurisdiction | A Cyprus company is incorporated in an EU Member State. This is relevant for counterparties, corporate governance and the application of relevant EU rules where the applicable conditions are met. |
| 100% foreign ownership | Company registration in Cyprus for foreigners does not require a mandatory Cyprus shareholder. |
| 15% corporate income tax | A competitive corporate tax rate within the EU. |
| Intellectual property | For qualifying IP profits, the 80% exemption may result in an effective tax rate of approximately 3%, provided the nexus requirements are met. |
| Crypto-assets | Profits from the disposal of crypto-assets are taxed at 8%. This provides an opportunity to structure crypto-asset transactions through a Cyprus company within the applicable requirements and current EU regulatory framework. |
| Dividends and Non-Dom status | For an individual who is a Cyprus tax resident with Non-Dom status, dividend income is exempt from Special Defence Contribution. |
| Cyprus residence permits for entrepreneurs | Business owners and key employees may qualify for a Cyprus residence permit subject to the applicable requirements. Opening a company in Cyprus does not, by itself, automatically entitle an individual to a Cyprus residence permit. Learn more » |
When Does It Make Sense to Set Up a Company in Cyprus?
Setting up a company in Cyprus may be a suitable option if:
- you need an EU company with a competitive corporate tax system;
- you want to work with European clients and counterparties through an EU legal entity;
- you want to establish a holding company to own interests in other businesses;
- your business involves software, technology or other intellectual property;
- you already live in Cyprus and want to structure your business activities through a Cyprus company;
- you want to combine a Cyprus company with personal Cyprus tax residency, including under the 60-day rule.
Therefore, before you open a company in Cyprus, it is important to assess the corporate and tax structure in the context of your specific business model.
What Is Required to Register a Company in Cyprus?
The most common corporate form is a Private Company Limited by Shares (LTD). A private limited company is commonly used for operating businesses, international activities, startups, holding structures and other corporate arrangements.
Basic Structure of a Cyprus Company
| Element | Basic Configuration | Comment |
| Legal form | Private Company Limited by Shares (Ltd) | The most common form for privately owned international businesses. |
| Shareholder | 1 to 50 shareholders | The company may have a single shareholder. A shareholder may be an individual or a legal entity. |
| Director | Minimum 1 | The appointment of a Cyprus director should reflect genuine corporate governance. A purely nominee arrangement without actual participation in decision-making may create tax and compliance risks. |
| Secretary | 1 secretary | For a company with one member and one director, legislation allows the director to also perform the role of secretary; however, in practice these roles are often separated. |
| Registered office | Mandatory in Cyprus | The address cannot simply be a post office box. |
| Beneficial owner | Disclosed in the UBO Register | The company is required to submit information on its ultimate beneficial owners. |
What Documents Are Required to Register a Company in Cyprus?
To register a company in Cyprus, documents and information must be provided for the shareholders, directors and ultimate beneficial owner of the proposed company. The exact list may vary depending on the corporate structure, nationality of the participants and the nature of the intended business activities.
✅ Checklist: What to Prepare Before Registering a Company in Cyprus
Save this checklist and make sure everything is ready before starting the registration process.
☐ 3–5 proposed names for the company.
☐ Passport copies for all shareholders, directors and beneficial owners.
☐ Proof of residential address.
☐ Information on the source of funds and, where required, the ultimate beneficial owner’s source of wealth.
☐ Define the company structure (shareholders, directors and shareholdings).
☐ Prepare a brief description of activities for the company.
☐ Plan for staff, office space and actual functions in Cyprus if the company will be operational or enhanced substance is required.
Cyprus Company Incorporation Process
Company incorporation in Cyprus is governed by the Companies Law, Cap. 113 and involves a practising Cyprus lawyer. In particular, Form HE1 (Statutory Declaration of Conformity) is a sworn declaration confirming compliance with the applicable legal requirements. It is signed by a lawyer and sworn before the court. Without a duly completed HE1, the application package cannot be accepted for company registration.
You can open a company in Larnaca, Limassol or Nicosia under the same procedure: company registration in Cyprus is handled centrally through the Department of Registrar of Companies and Intellectual Property, so the city does not affect the registration procedure. The registered office determines where company correspondence is received and is stated in the corporate records.
The standard procedure includes:
Step 1. KYC/AML checks on the participants;
Step 2. Reservation of the company name;
Step 3. Preparation of registration forms HE1, HE2 and HE3 containing information on the incorporation of the company, its registered office, directors and secretary, as well as the Memorandum and Articles of Association;
Step 4. Submission of the documents to the Cyprus Department of Registrar of Companies and Intellectual Property;
Step 5. Receipt of the corporate documents.
Can a Company Be Registered in Cyprus Entirely Remotely?
Yes. Company formation in Cyprus can be completed remotely, without the founders or beneficial owners being physically present in the Republic of Cyprus.
The company formation procedure may be handled under a power of attorney granted to a Cyprus lawyer. However, the ability to set up a company in Cyprus remotely should be distinguished from subsequent procedures required for the company to conduct business.
Banks establish their own requirements as part of Know Your Customer (KYC) procedures and source-of-funds checks. Depending on the internal policy of the chosen institution, the director, shareholder or ultimate beneficial owner (UBO) may be required to complete video identification, provide additional documents or attend in person to sign certain forms.
What Documents Does the Company Owner Receive?
Once the Cyprus company incorporation is completed, the client receives the main corporate documents:
- Certificate of Incorporation – confirms the official incorporation of the company.
- Certificate of Shareholders – contains information on the company’s shareholders.
- Certificate of Directors and Secretary – contains information on the directors and secretary.
- Certificate of Registered Office – confirms the company’s registered address.
- Memorandum & Articles of Association – the company’s principal constitutional documents.
Cyprus Company Registration Timeframe: 10–15 Business Days
Company registration generally takes 10–15 business days from the date all required documents have been received. This period includes name reservation, preparation of the constitutional documents in Greek, the lawyer’s sworn HE1 declaration, submission of the incorporation documents and issuance of the Certificate of Incorporation.
Registration with the Cyprus Tax Department and obtaining a Tax Identification Number (TIN) are carried out separately after the company has been incorporated. The estimated timeframe for obtaining a TIN is 5–10 business days.
Important: incorporation and the full launch of a business are not the same process.
Opening a bank account, VAT registration, establishing substance, employing staff or obtaining a specific licence have their own timeframes.
Case Study: Cyprus Company Registration in 2 Weeks + Bank Account in 3 Days
How Much Does It Cost to Set Up a Company in Cyprus?
The cost of registering a company in Cyprus includes mandatory government fees and professional services.
The main government fees for Cyprus company registration include:
- Company name reservation: €10 under the standard procedure or €30 for expedited processing.
- Registration fee: €165 under the standard procedure / €265 for expedited processing.
- Corporate certificates (Certificate of Incorporation, Directors & Secretary, Shareholders, Registered Office): €120 under the standard procedure / €180 for expedited issuance.
In addition to government fees, the cost of preparing and legally completing the incorporation documents must also be taken into account. In particular, Form HE1 must be signed by an authorised lawyer in Cyprus.
The total Cyprus company formation cost depends not only on the incorporation procedure itself but also on additional services that may be required to launch and operate the business in Cyprus:
- registered office and corporate secretary;
- opening a bank or payment account;
- accounting and tax support;
- VAT registration;
- organisation of substance;
- employment of staff;
- licensing, where the company’s activities require a specific authorisation.
Get a Cyprus Company Setup Cost Estimate
We will determine the services required and calculate the cost of company incorporation + the first year of support + any additional services required for your business.
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Company Taxation in Cyprus in 2026
| Tax | Rate | Key Point |
| Corporate income tax | 15% | Standard rate from 1 January 2026. Tax is calculated on taxable profit, not turnover. |
| IP Box / intellectual property | ≈3% | Based on an 80% exemption for qualifying net IP profits and the standard 15% corporate tax rate. This is not a tax rate applicable to the company’s entire profit. |
| Crypto-assets | 8% | Special regime for qualifying profits from the disposal of crypto-assets. Mining is excluded from the special regime. |
| VAT | 19% | Standard rate. Place-of-supply rules, reduced rates and exemptions must be analysed separately. |
| Capital gains | 20% for certain assets | Applies to income from immovable property situated in Cyprus or shares in companies owning such property. |
| Dividends Non-Dom individual | 0% SDC | Non-Dom status exempts qualifying dividends from Special Defence Contribution. |
| SDC on dividends for a domiciled resident | 5% | From 2026, the SDC rate on relevant actual dividends has been reduced from 17% to 5%. |
| Employer payroll contributions | ≈15.4% | 8.8% Social Insurance + 2.9% GeSY + 1.2% Redundancy Fund + 0.5% Human Resource Development Fund + 2% Social Cohesion Fund. |
The tax model should be calculated for the specific business rather than based solely on the headline tax rate.
It is important to consider:
- the beneficial owner’s tax residency;
- applicable exemptions and deductions;
- intellectual property;
- double taxation treaties.
Substance for a Cyprus Company: Genuine Presence and Management
Substance is not a single document or a formal service. It is a combination of facts demonstrating that a company is genuinely managed and operates in the jurisdiction in which it claims to be established. For an international structure, this is critical for tax residency, access to double taxation treaties, banking compliance and defending the company’s position in the event of an audit.
| Substance Element | Practical Meaning |
| Management and control | Key decisions should be made at the level of the Cyprus company. The substance of board meetings, place where decisions are taken, minutes and the actual role of directors are important. |
| Cyprus director / board | Local and genuine management is one of the key elements of a sustainable corporate structure. |
| Registered and business address | A registered office is required by law. Depending on the business, an actual office presence may be necessary to strengthen substance. |
| Banking and payment processes | Accounts and payment authorities should correspond to the actual management model. Banks conduct their own KYC/AML procedures and may request evidence of business activities and source of funds. |
| Contracts and documentation | Contracts, invoices, corporate resolutions and business correspondence should reflect how the company actually conducts its activities. |
| Employees and expenditure | Operating businesses, IP structures or high-value functions may require employees/contractors, local expenditure and resources proportionate to the functions performed. |
| Accounting and reporting | Accounting records, supporting documents, financial statements and tax returns should be maintained accurately and on time. |
The key principle is proportionality. There is no universal substance package suitable for every company. A holding company and an operating company with employees, IP and international clients require different levels of presence. The appropriate substance package should therefore be determined after analysing the company’s functions, risks and assets.
Comprehensive Cyprus Company Support
Starting a business in Cyprus does not end when the corporate documents are issued. Our role is to help the client establish a company that can actually operate: open an account, enter into contracts, receive payments, maintain accounting records, comply with tax obligations and distribute profits to its owner.
Feod Group has been practicing international law since 1992 and has been advising clients in Cyprus since 2007. Our team brings together and coordinates specialists in corporate, legal, tax, banking, and immigration matters.
For the client, this means coordinating the entire process through one team:
- company registration and corporate support – from preparing documents to providing a registered office, secretary and ongoing corporate administration;
- accounting, VAT, tax and financial reporting – in cooperation with relevant specialists;
- substance in Cyprus – office and other necessary elements depending on the business structure;
- Cyprus IP Box – structuring for IT businesses and intellectual property;
- business licensing in Cyprus – assistance with obtaining the licences and permits required for regulated activities;
- immigration support for business owners, directors, key employees and their family members;
- business acquisitions, investments and Cyprus real estate transactions – where these form part of the client’s broader structure.
One Team Instead of Multiple Service Providers
Company registration and ongoing support are therefore structured as one continuous process – from establishing the legal entity to ensuring that it can operate fully in Cyprus.
Discuss Your Structure with Our Team
During the initial free consultation, we will determine:
01 – whether Cyprus is suitable for your business model;
02 – which corporate structure is most appropriate;
03 – what tax burden arises at company level;
04 – how profits can be distributed to the beneficial owner;
05 – what level of substance will be required;
06 – which bank is suitable for the company’s activities;
07 – the expected cost of registration and annual support.
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This material is intended as a general informational overview and does not constitute individual tax or legal advice.
FAQ
Can a Foreigner Set Up a Company in Cyprus?
Yes. Company formation in Cyprus for foreigners does not require the mandatory participation of a local partner. A foreign entrepreneur can establish a Cyprus company and own 100% of its shares.
How Do I Open My Own Company in Cyprus?
To start a business in Cyprus, you need to reserve a company name, determine the shareholders and directors, prepare the Memorandum & Articles of Association and registration forms HE1, HE2 and HE3, and then submit the incorporation documents to the Registrar.
Is a Cyprus Lawyer Required for Company Incorporation?
Yes. The involvement of a lawyer practising in Cyprus is required for company incorporation. Under the Advocates Law, the Memorandum & Articles of Association may be prepared by a lawyer practising in the Republic of Cyprus. In addition, the HE1 declaration submitted during incorporation is signed and sworn before the court by the lawyer entrusted with the company’s registration.
How Long Does It Take to Start a Business in Cyprus?
Usually 10–15 business days after receipt of the complete set of documents. Opening an account, tax registration and other stages required to make the company fully operational take additional time.
How Much Does It Cost to Set Up a Company in Cyprus?
The cost of setting up a company in Cyprus depends on the corporate structure and the level of professional support required. In addition to government incorporation fees, the total cost may include a registered office, company secretary, banking support, accounting, VAT registration, substance and other services. The final Cyprus company setup cost should therefore be calculated individually.
What Documents Do I Need to Start a Business in Cyprus?
As a rule, you will need a passport, proof of residential address, information on the shareholders, directors and ultimate beneficial owner, and information about the company’s proposed activities.
Do I Need a Cyprus Director to Register a Company in Cyprus?
There is no general requirement to appoint a Cyprus-resident director solely for the purpose of company registration. However, the composition of the board and the place of effective management are relevant when structuring the company’s tax and operational arrangements.
Does a Company Need a Registered Office in Cyprus?
Yes. A company in Cyprus must have a registered office within the Republic of Cyprus. This address is used for official correspondence and for keeping corporate records required by law.
Can I Open an Offshore Company in Cyprus?
The term “offshore company in Cyprus” is often used in search queries; however, Cyprus is not an offshore jurisdiction. A Cyprus company is incorporated in an EU Member State, maintains accounting records, files the required reports and complies with its tax obligations under Cyprus law.
Can You Take Over an Existing Cyprus Company?
Yes. We can take over an existing Cyprus company and provide ongoing legal, accounting and corporate support.
Contact us
For enquiries please fill in the form below. Our consultants will contact you with the details.
Griva Digeni 49, Chrystalla Court 1st Floor Office 11, 6036 Larnaca, Cyprus
11B Lyuteranska St., off. 23, 01024


