Company formation Cyprus

Here at Shelfcompanies24.com, company establishment is what we do on a daily basis. We have great experience in starting businesses in Cyprus as well as other EU Member States. Our professional support will let you save time and money and make you concentrate on what is important: business operations. Let us take care of the formalities while you do the real work. We help establishing all types of business structures.

Time saving

Companies in Cyprus are established fast, this is possible in just 2-3 days + the time needed to courier you documents.

One stop shop

Shelfcompanies24 offers comprehensive services and our role is not limited merely to company sale. We will assist you in keeping accounting books, preparing board and shareholder meeting documents, provide a company secretary, nominee director and nominee shareholder and also assist you in opening a bank account.

Speed and superb customer service

As we value our clients’ time, we get to work right after receiving payment and required documents.

Remote procedure available

In Cyprus, it is possible to purchase a company and set up a new company remotely. Thanks to this solution you save time and money, and we on our part guarantee to take care of everything.

Burden is ours

Shelfcompanies24 are experts active in many areas. We encourage you to get in touch with us to obtain business and tax advisory.

Do you wish to start the procedure?

Just drop us an email or give us a call and we will send you short list of information that we need. After you provide it to us you can come anytime to proceed with the formalities.

Company Formation Process in Cyprus

Establishing a new company in Cyprus is a structured process that typically takes 5-7 business days. ShelfCompanies24 handles the entire formation process on your behalf, from preparing the articles of association to registering with all relevant authorities.

Available Company Types in Cyprus

The following legal structures are available for company formation in Cyprus:

Company Type Description
Private Limited Company (Ltd), Public Limited Company (PLC), Branch, Partnership

The minimum share capital requirement is No minimum (standard €1,000).

Step-by-Step Formation Process

  1. Choose your company structure — Select the appropriate legal form based on your business needs, number of shareholders, and capital requirements.
  2. Prepare documentation — Our team prepares the articles of association, shareholder agreements, and all necessary corporate documents.
  3. Company name verification — We verify the availability of your chosen company name with the Cypriot commercial registry.
  4. Capital deposit — Deposit the required share capital (No minimum (standard €1,000)) in a designated bank account.
  5. Notarization and registration — Documents are notarized (where required) and submitted to the commercial registry.
  6. Tax registration — Register the company for corporate tax (at a rate of 12.5%) and VAT (19%).
  7. Bank account opening — Open corporate bank accounts with Cypriot banks for business operations.

Required Documents

  • Valid passport copies of all shareholders and directors
  • Proof of residential address (utility bill or bank statement, not older than 3 months)
  • Description of planned business activities
  • Proof of source of funds (where applicable)
  • References from existing banks or professional advisors

Tax Environment in Cyprus

Companies formed in Cyprus are subject to a corporate tax rate of 12.5%. The standard VAT rate is 19%. The currency is EUR (Euro).

Timeline and Costs

Standard company formation in Cyprus takes approximately 5-7 business days. For exact pricing tailored to your specific requirements, please contact our consultants.

Related Services in Cyprus

Frequently Asked Questions

How long does it take to register a company in Cyprus?

Company registration in Cyprus typically takes 5-7 business days. ShelfCompanies24 handles the entire process on your behalf.

What documents do I need to form a company in Cyprus?

You will need valid passport copies, proof of address, description of business activities, and proof of source of funds. Our team guides you through all documentation requirements.

Can a foreigner set up a company in Cyprus?

Yes, foreign nationals can establish companies in Cyprus. There are generally no restrictions on foreign ownership of Cypriot companies.

What is the minimum capital to start a company in Cyprus?

The minimum capital requirement in Cyprus is No minimum (standard €1,000). Our consultants can advise on the optimal capital structure for your business.

Your Professional Company Formation Agent in Cyprus

ShelfCompanies24 acts as your dedicated company formation agent in Cyprus. Our experienced team handles the entire registration process on your behalf — from preparing incorporation documents and liaising with local authorities to obtaining your company registration number, tax identification, and all required certificates. As a company formation agent with over 30 years of experience across 50+ jurisdictions, we ensure a smooth, compliant, and fast incorporation process. Whether you need a brand-new company or prefer a ready-made shelf company in Cyprus, our agents guide you through every step — including corporate bank account opening, registered address setup, and ongoing compliance support.

Contact our company formation agents today for a free consultation and competitive quote for company formation in Cyprus.