Important references

We often face some questions concerning the milestones of founding a company. The most relevant information is collected below that may be inevitable during managing a Cyprus company.

What shall be considered at establishing a company in Cyprus? - Personnel

When establishing a company in Cyprus, at least one Managing Director shall be appointed and registered in company registry. Pursuant to legal regulations in force, minimum one secretary shall be appointed. However, it is important to note that Cyprian law does not allow publishing the data of executive officers, although their identification is compulsory.

Is it necessary to sustain a registered office in Cyprus?

Yes, it is since legal regulations stipulate that all companies shall have an office in Cyprus where authorities can contact them.

Can General Meetings only be conducted in Cyprus?

No, as General Meetings can be held all over the world based on the law in force.

What documents are needed to establish a company in Cyprus?

Although – as it has already been mentioned – less administration is needed for companies registered in Cyprus, some special documents shall be obtained so as to set up a company. This demands complex administration with which we may help you with our foreign network of partners.

Within the framework of our cooperation we obtain all documents needed and manage all background administration efficiently:

claiming EU VAT number
opening a bank account
memorandum of association
articles of association
administration concerning registered seat services
application for company registration
forms needed for board meetings
registering shareholders, directors and secretaries (identification of Clients)
Apostille

How long does it take to establish a company?

The whole administrative period – from obtaining the required documents to the registration of the company – lasts approximately 3-6 weeks.

Should you need any further information about the procedure of establishing a company, please, feel free to contact us.