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Cyprus Offshore Company
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Cyprus, officially the Republic of Cyprus is an island in the eastern part of the Mediterranean Sea south of the Anatolian peninsula Asia Minor or modern-day Turkey and to the east of the Greek islands of Rhodes and Kastellorizo. It is the third largest island in the Mediterranean Sea. The Republic of Cyprus is divided into six districts: Nicosia (the capital), Ammochostos, Keryneia, Larnaka, Lemesos, and Pafos. A former British colony, the Republic of Cyprus gained independence in 1960. Today the Republic of Cyprus is a developed country and a member of the European Union since 1 May 2004. |
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| Cyprus Offshore Company Formation - Requirements | |
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DIRECTOR: Minimum of one Director. Corporations are permitted. (Local Director available and adviseble) |
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SECRETARY: A local Secretary is necessary (this is provided as part of the Registered Agent service). |
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SHAREHOLDER: Minimum of one Shareholder. Corporations are permitted. |
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Shareholder(s) and director(s) may be the same. |
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SHARES & CAPITAL: The standard share capital is CYŁ 1,000.00 divided into 1,000 shares of CYŁ 1.00 each. Bearer shares are not permitted. |
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NAME OF THE COMPANY: Must end with one of the following suffixes: Limited or Ltd. |
| Other Information About Cyprus Offshore Companies | |
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Status of the company: Cyprus International Business Company (IBC). |
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Incorporation of Cyprus company takes 7 - 10 working days. |
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Cyprus companies pay up to 10% tax on profits generated in Cyprus, profits generated from the rest of the world are not taxed. |
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There is requirement to file financial and tax statements with the Cyprus authorities - a company is required to keep financial records that reflect the financial position of the company. Audited accounts to be filed at the end of every fiscal year. |
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There is requirement to file annual return with the Cyprus authorities. |
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The Cyprus incorporation documents carry the names and identity of the shareholder(s), director(s) and secretary. As such the names appear on the public record. To secure the anonymity of director and shareholder, the nominee services are availeble. |
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The object of the Company is to engage in any act or activity that is not prohibited under any law. There are no restrictions on doing business within or outside of Cyprus by Cyprus companies. |
| Cyprus Incorporation Package Includes | |
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Certificate of Incorporation, |
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Memorandum and Articles of Association, |
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Appointment of the First Director, |
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Registered Office service to December following incorporation, |
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Registered Agent service to December following incorporation, |
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First year Government fees, |
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Share certificates, |
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The complete corporate package is delivered by express courier. |
| Incorporation Fees For Standard Cyprus Company Formation | |
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Registered office - USD 650.00 |
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Registered agent - USD 650.00 |
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Incorporation fee (incl. government registration fee) - USD 1575.00 |
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Total cost of incorporation - USD 2875.00 |
| No hidden or additional costs (time spent, telephone calls, etc.) | |
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Next year fees: USD 1300.00 + government/tax/filing fees |
| Cyprus Company Incorporation Forms | |
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Incorporation Form - PDF |
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Incorporation Form - DOC |
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Incorporation Form - ONLINE INCORPORATION |
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Anguilla |
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Belize |
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British Virgin Islands |
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Cayman Islands |
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Cook Islands |
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Cyprus |
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Gibraltar |
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Hong Kong |
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Marshall Islands |
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Nevis |
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Panama |
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Samoa |
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Seychelles |
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United Kingdom |
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U.S.A. |
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Vanuatu |
