Cyprus is the most cost-effective way for an international founder to run an EU-domiciled company. 15% headline corporate tax, an IP Box regime that drops effective tax on qualifying income to approximately 3%, no withholding tax on dividends paid abroad, and an administrative framework that lets you incorporate without ever flying out.
One engagement letter, one fixed fee, one team. No surprise add-ons.
Three name searches with the Cyprus Registrar of Companies; we file the approval and confirm by email.
Memorandum and Articles tailored to your activity, plus the three statutory forms filed with the Registrar.
Tax Identification Number, VAT registration where required, and Ultimate Beneficial Owner filing under the AML framework.
We prepare the consents, registers, and statutory books — and provide nominee director / secretary on request.
Apostilled corporate pack ready for EMI or bank account opening (Revolut Business included from Basic).
Year-1 registered office, accounting hand-off, AGM calendar — so the second-year filings never become a fire-drill.
Five stages, fully remote, with a clear day-counter at every step.
Engagement letter signed, ID + source-of-funds verified, three Registrar name candidates submitted.
Memorandum & Articles drafted to your activity, HE1/HE2/HE3 prepared and signed via DocuSign or courier.
Documents lodged with the Registrar of Companies; Certificate of Incorporation issued on approval.
Tax Department onboarding — TIN registration, VAT/VIES where applicable, UBO filing under the 5th/6th AML directives.
Apostilled corporate pack delivered, EMI account opened (Basic+), local bank introduction (Business), full handover to the maintenance team.
— Fast-track formation timeline
Six milestones from KYC submission to a fully operational company with TIN, VAT, UBO and a live IBAN. No travel required; everything DocuSigned and e-KYC'd.
Day 1
You send shareholder/director KYC pack (passport, proof of address, source-of-funds narrative). We file name approval at the Registrar of Companies.
Day 3
Registrar approves the company name. We file HE1 (declaration of compliance), HE2 (registered office), HE3 (first directors + secretary), and the Memorandum & Articles of Association.
Day 7
Registrar issues the Certificate of Incorporation. The Cyprus Ltd legally exists. We obtain certified copies of the Certificate, M&AA, and director/shareholder/secretary certificates (HE3, HE4, HE5).
Day 9
We apply for the Tax Identification Number (TIN) at the Cyprus Tax Department, file the UBO Register entry at the Registrar, and (where activity requires) register for VAT and VIES.
Day 11
We introduce you to our banking + EMI partners (Bank of Cyprus, Hellenic, Eurobank Cyprus, AstroBank, Ancoria; Revolut Business, Wise Business). You complete the bank's own KYC. Local bank accounts typically take 5–15 days from this point; EMI accounts 1–5 days.
Day 13–15
EMI account opens (IBAN issued). VAT certificate received from the Tax Department. Local bank account follows in the subsequent 1–2 weeks. Your Cyprus Ltd is operational, banked, and ready to invoice.
Indicative timeline for our fast-track engagement. Slow / standard track (used where Registrar workload or activity-specific complexity prevents fast-track) runs 3–6 months end-to-end. Bank-side enhanced due diligence for crypto / high-risk industries can extend banking by 1–4 weeks.
Pick the plan that matches how much support you want. All prices exclude VAT (19%) and €105 government registration fees.
Bare-minimum incorporation — registration, TIN and UBO. You handle the rest.
Choose planFormation + VAT + EMI banking + nominee secretary — ready to trade from day one.
Choose plan Most PopularFully managed — nominee director, local Cyprus bank, ongoing compliance included.
Choose planSide-by-side breakdown of every deliverable. No fine print, no upsells.
Six profiles that account for 80% of our company-formation engagements.
Pair formation with the IP Box for approximately 3% effective tax on qualifying software income.
See profile0% WHT on outbound dividends, 0% CGT on share disposals, full participation exemption.
See profileApril 2025 abolished the UK non-dom regime. Cyprus 60-day rule + 0% SDC fills the gap.
See profile8% flat crypto disposal tax, MiCA-aligned regulator (CySEC CASP), full EU passporting.
See profileCyprus management company at 15% CIT, B2B services into the EU under VIES, lean overhead.
See profileEU VAT OSS access, 0% WHT outbound, ICPAC-coordinated audits.
See profileWe send you a personalised checklist after the kick-off call. As a baseline, every Cyprus formation needs the following per shareholder, director and UBO.
A €499 formation that ignores Cyprus management & control will fail tax-residency tests and get rejected by every Cyprus bank. Substance is non-negotiable from day one.
Generic objects clauses trigger Registrar refusals on regulated activities (CIF, EMI, crypto) and confuse banks at KYC. The M&AA must match your real activity.
UBO filing is due within 90 days of incorporation. Late filings carry administrative fines up to €20,000 and block bank account opening until cleared.
Mandatory VAT registration kicks in at €15,600 of taxable turnover in any 12-month period. Cross it without registering and you owe back-VAT plus interest and penalties.
Year-2 onwards you have HE32, IR4, audit, AGM and provisional tax to file. Skipping the maintenance retainer means scrambling for a last-minute auditor and accruing late-filing penalties.
Often paired with
Disclaimer: Indicative timelines and fees only. Final delivery depends on Registrar workload, KYC outcomes and the structure being formed. Government fees (approximately €105 base + apostille charges) are paid in addition to the engagement fee. Always seek professional advice before taking action.
If your Cyprus Ltd isn't registered with the Registrar within 15 working days from KYC completion, we refund 100% of our professional fee — no questions asked. Government disbursements pass through at cost and are non-refundable.
Engagements coordinated with ICPAC-registered Cyprus tax advisers and Cyprus Bar Association member-firm lawyers. MOKAS-aligned under Cyprus AML Law 188(I)/2007. See our editorial standards and disclaimer.
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One engagement letter, one fixed fee, fully remote — start today and we file with the Registrar this week.
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