The cost of registering a company in Cyprus costs $1995 but from the second year, it will cost $1990.
How do I register a company in Cyprus?
The first step of the procedures of Cyprus company registration is always to submit a name check/search and application to the Cyprus Registrar of Companies, for reserving a name can be done online through the official website of the Cyprus Registrar of Companies.
How do I open a limited company in Cyprus?
The following steps must be completed in order to open an LTD in Cyprus:
- reserve a trading name (the shareholders must make sure the name is unique);
- draft the incorporation documents;
- set up the corporate bank account and deposit the share capital;
- file the documents with the Companies Register;
How much do I pay for company registration?
A company registration may vary between R125 and R475 (R125 for a private company, R475 for a non-profit company registered without members).
What is the best business to start in Cyprus?
Business Opportunities in Cyprus
- Construction Company. The government of Cyprus provides substantial support to individuals looking to start a company in the construction business. …
- Education Consultancy. …
- Property Rental Market. …
- Tourism. …
- Shipping Industry. …
- Transportation Business. …
- Insurance Brokerage Company.
Is it easy to start a business in Cyprus?
It is quite easy to open a business in Cyprus and with the proper support, overseas businesspersons can have their own companies up and running in the littlest time possible.
What is a Cyprus Ltd?
A Cyprus Limited Liability Company (LLC) is the most popular legal entity formed by foreigners in Cyprus. … A company with limited liability by shares limits a member’s liability to the nominal value of its subscribed shares. This type of LLC can be either public or private.
How long does it take to set up a company in Cyprus?
It usually can take up to 10 working days to establish a new company in Cyprus. If time is of high importance, there are shelf companies available.
What documents are needed to register a company?
The following supporting documents are required: o Certified identity copy of applicant; o Certified copies of the Identity Documents or passport of the Directors and Incorporators; o The name confirmation certificate (COR9.
Can I register a company online?
Some states allow you to register online, and some states make you file paper documents in person or through the mail. Most states require you to register with the Secretary of State’s office, a Business Bureau, or a Business Agency.