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Cyprus Company Formation

Cyprus Company Formation – Register Your Offshore Company with BRIS Group Main Characteristics and the basic rules of Company registration in Cyprus.

BRIS Group offers professional Cyprus company formation services for entrepreneurs and international investors looking to establish a business in Europe. Forming a Cyprus Ltd provides limited liability protection, a competitive corporate tax rate of 12.5%, and full access to European Union markets. Our experts handle the entire Cyprus company registration process remotely, including assistance with corporate banking and compliance. With BRIS Group, setting up an offshore company in Cyprus is simple, fast, and fully compliant with local and EU regulations, giving your business a reputable and strategic base for growth.

Start your Cyprus company with BRIS Group today — trusted experts in global incorporation.

Your Gateway to a Prestigious and Strategic European Business Hub

Cyprus is one of the most respected and advantageous jurisdictions in Europe for international entrepreneurs and investors. Combining EU membership, favourable taxation, and a transparent business environment, Cyprus company formation offers global businesses a gateway to European markets and international credibility.

Whether you are looking to register a company in Cyprus, set up an offshore holding structure, or expand your global footprint, Cyprus provides an ideal platform for long-term growth and stability.

Why Choose Cyprus for Company Formation?

Strategically located at the crossroads of Europe, Asia, and Africa, Cyprus has built a strong reputation as a reliable, business-friendly, and tax-efficient jurisdiction. Its legal and financial systems are aligned with international standards, offering both protection and flexibility for non-resident business owners.

🔍 Need advice?
Our experts can help you choose the right company structure and ensure your Cyprus company setup is fully compliant and optimised for tax efficiency.

Key Highlights of Cyprus Company Formation

Aspect	Details
Legal Structure	Private Company Limited by Shares (Ltd)
Corporate Tax Rate	12.5% — one of the lowest in the EU
Ownership	100% foreign ownership permitted
Registration Authority	Department of Registrar of Companies & Intellectual Property
Typical Formation Time	5–10 business days
Minimum Shareholder(s)	One
Minimum Director(s)	One (individual or corporate, any nationality)
Registered Office	Must be located in Cyprus
EU Membership	Full member of the European Union

Types of Companies for Non-Residents in Cyprus

Cyprus offers several business structures suitable for foreign investors:

1. Private Limited Company (Ltd)

The most common form for non-residents. Offers limited liability and flexibility for trading or holding operations.

2. Public Limited Company (PLC)

Ideal for larger enterprises planning to raise public capital.

3. Branch of a Foreign Company

Allows an existing international business to operate in Cyprus under its own brand.

4. Partnership

Can be general or limited — suitable for smaller ventures or joint projects.

Advantages of Cyprus Company Formation for Non-Residents

✅ Advantage	💬 Description
Tax Optimisation	Low 12.5% corporate tax and over 60 double tax treaties.
EU Market Access	Full access to European Union trade, banking, and VAT systems.
Strong Legal Framework	Based on English common law, trusted by global investors.
Reputation & Credibility	A respected and transparent jurisdiction, not a “tax haven.”
Asset Protection	Limited liability structure protects personal assets.
Efficient Banking System	Advanced banking facilities with international reach.
Skilled Workforce	Educated, multilingual professionals for smooth operations.

Considerations Before Registering a Company in Cyprus

⚠️ Potential Challenge	💬 Explanation
Compliance Requirements	Annual audits and financial reporting are mandatory.
Substance Requirements	Companies must demonstrate genuine business presence.
Initial Setup Costs	Includes government and professional registration fees.
Ongoing Maintenance	Annual accounting and legal fees required.

Requirements for Cyprus Company Registration

To successfully register your company in Cyprus, you will need:

Unique Company Name: Approved by the Registrar of Companies.
Registered Office: Physical address in Cyprus for legal correspondence.
Directors: At least one, can be of any nationality or corporate.
Shareholders: Minimum one shareholder (individual or entity).
Company Secretary: Mandatory appointment, may be local or foreign.
Memorandum & Articles of Association: Define the company’s objectives and internal regulations.
Due Diligence Documents (KYC): Passport copies, proof of address, and references for all stakeholders.
Share Capital: No minimum requirement; typically €1,000 or more is advisable.

Step-by-Step Process for Cyprus Company Formation

Step 1: Initial Consultation

We assess your goals and advise on the optimal structure for your Cyprus company.

Step 2: Company Name Reservation

We submit your proposed company name to the Registrar for approval.

Step 3: Document Preparation

Our experts prepare the Memorandum & Articles of Association and gather all required due diligence documents.

Step 4: Registration with Authorities

We submit your complete application to the Registrar of Companies.

Step 5: Tax Registration

We register your company with the Cyprus Tax Department for a Tax Identification Number and, if needed, VAT.

Step 6: Corporate Bank Account Opening

We assist you in opening a bank account in Cyprus or another EU jurisdiction.

Step 7: Post-Incorporation Compliance

We help ensure your company meets annual filing and accounting requirements.

Timeframe for Cyprus Company Formation

With all documentation ready, Cyprus company formation is typically completed within 5–10 business days.
Bank account opening may require an additional 1–2 weeks, depending on the bank’s compliance process.

How BRIS Group Can Help You

BRIS Group provides end-to-end company formation services for non-residents in Cyprus, ensuring a compliant and efficient setup.

Our Services Include:

Expert consultation and structure advice
Company name approval and registration
Preparation of incorporation documents
Registered office address in Cyprus
Company secretary and nominee services (if required)
Assistance with tax registration and VAT setup
Corporate bank account opening support
Accounting, legal, and compliance services

💬 Partner with BRIS Group to simplify your Cyprus company formation — while we handle every detail, you focus on expanding your business globally.

Why Choose BRIS Group for Cyprus Company Formation?

🌟 Our Strengths	💬 What You Gain
Local Expertise	Deep understanding of Cypriot law and international tax structures.
Fast Turnaround	Efficient, transparent process for quick incorporation.
Tailored Solutions	Customised structures for holding, trading, or investment purposes.
Trusted Professionals	Experienced lawyers, accountants, and formation agents.
Ongoing Support	Continuous compliance and administrative assistance.

Start Your Cyprus Company Today

Cyprus offers an excellent balance of tax efficiency, EU credibility, and operational flexibility — making it a top choice for global investors.

📞 Contact BRIS Group today for a free consultation on Cyprus company formation.
Our team will guide you from initial setup to ongoing compliance — helping you establish a trusted, efficient, and fully compliant business presence in Europe.

Contact us today: [email protected]
Get a free consultation to start your Cyprus company formation with confidence.

Ready to Register Your Cyprus Company?

Questions & Answers

FAQ - Cyprus Taxation

1. What is the Corporation Tax rate in Cyprus?

The Corporation Tax rate in Cyprus is 12.5%. This rate applies to the taxable profits of resident companies. Cyprus also offers tax incentives and exemptions for certain industries, such as shipping and research and development.

2. Are dividends taxed in Cyprus?

Yes, dividends paid to residents are subject to a withholding tax of 17%. However, if the recipient is a resident company, the dividends may be exempt from this tax under specific conditions outlined in the Income Tax Law.

3. What is the Income Tax system in Cyprus?

Cyprus has a progressive Income Tax system for individuals. Tax rates range from 0% to 35%, applied to different income brackets. The first €19,500 of income is tax-exempt, ensuring lower-income earners pay no Income Tax.

4. What is the VAT rate in Cyprus?

The standard VAT rate in Cyprus is 19%. Reduced rates of 5% and 9% apply to certain goods and services, such as food, books, and accommodation. Businesses with an annual turnover above €15,600 must register for VAT.

5. What other taxes are applicable in Cyprus?

In addition to Corporation Tax, Income Tax, and VAT, Cyprus imposes several other taxes. These include property tax, stamp duty on legal documents, and estate duty. Local authorities may also levy additional taxes on property and business activities.

Learn more: Visit our Full Cyprus Company – FAQ page
or contact our tax and company formation team at [email protected]

FAQ: Cyprus Company Registration

What are the advantages of forming a company in Cyprus for non-residents?

Cyprus offers several advantages for non-residents looking to form a company, including a favorable tax regime with a corporate tax rate of just 12.5%, no withholding tax on dividends, and an extensive network of double tax treaties. Additionally, Cyprus is a member of the European Union, providing access to the EU market. The process of company formation is relatively straightforward and quick, making it an attractive option for international business.

What is the process for non-residents to form a company in Cyprus?

The process for non-residents to form a company in Cyprus involves several steps. First, you must choose a unique company name and submit it for approval. Then, you need to prepare and submit the necessary documentation, including the Memorandum and Articles of Association, to the Registrar of Companies. Additionally, you will need to appoint at least one director and one shareholder, who can be either individuals or corporate entities. Once registered, you will receive a Certificate of Incorporation.

Are there any specific requirements for non-residents to register a company in Cyprus?

Non-residents wishing to register a company in Cyprus must appoint a local registered agent to act on their behalf. There are no restrictions on the nationality of directors or shareholders; however, it is essential to have a physical address in Cyprus for the company’s registered office. The directors must also ensure that the company complies with all local laws and regulations, including maintaining proper accounting records.

What types of companies can non-residents establish in Cyprus?

Non-residents can establish various types of companies in Cyprus, including private limited liability companies, public limited companies, and partnerships. The most common choice for non-residents is the private limited liability company (Ltd), due to its flexibility and limited liability protection. Other structures, such as offshore companies, can also be established for specific purposes, taking advantage of the favorable tax regime.

What are the ongoing compliance requirements for a company formed in Cyprus?

Once a company is formed in Cyprus, there are several ongoing compliance requirements that must be met. These include maintaining proper accounting records, filing annual financial statements, and conducting an annual general meeting. Companies must also submit an annual tax return to the Cyprus Tax Department, and pay any applicable taxes. Failure to comply with these requirements can result in penalties or even the striking off of the company.

Can non-residents conduct business in Cyprus without a physical presence?

Yes, non-residents can conduct business in Cyprus without a physical presence through the use of local agents or representatives. However, having a registered office address in Cyprus is essential for legal purposes. Many non-residents choose to work with local service providers who can facilitate their business operations, including accounting, legal, and administrative services, allowing them to manage their business remotely.