What is the time and cost of Cyprus company registration?

Registration time: Customers do not need to go overseas in person, they can entrust an agent to handle all application procedures, and it generally takes 20 working days to complete the registration. There may be delays due to the delivery of documents and the round-trip of specific issues, but this problem generally does not occur.

Cyprus company registration fees:

2. Appointed shareholders (if customers need to keep the information confidential): RMB15,000 per year.

3. Open a local account in Cyprus: RMB15,000

Cyprus is known as the lowest tax country in Europe, located in the north-central Mediterranean, with good natural and living conditions, convenient transportation, and a sound economic management system and public service system. Cyprus has a well-developed financial services industry, and any investment income such as profits, interest and dividends can be freely remitted overseas, so some investors will choose to register a Cyprus company to develop overseas markets.

1. Advantages of a Cyprus company:

1. EU member states are exempt from customs duties with member states, and there is no tax on corporate dividends and no stamp duty;

2. The geographical position is superior, and it is located in the traffic arteries of Africa, Asia and Europe; It can be based in Cyprus and radiate the EU market, North Africa and the Middle East market;

3. Prosperous business, good legal atmosphere, and relaxed domestic taxation;

4. Free economic system, no foreign exchange control;

5. It has signed bilateral tax treaties with more than 30 countries, including China, Singapore, Mauritius, some other Asian countries, most Central and Eastern European countries, EU countries, the United States and Canada.

6. Corporate income tax is a country with a lower tax in Europe, non-resident companies do not need to pay tax, and their main directors do not reside in Cyprus and do not operate there.

2. Information to be provided by customers who register a Cyprus company:

1. Provide the company name, which must end with "limited";

2. Shareholders At least 1 director, who can be a natural person or a legal person, without the requirement of local residents and the upper limit of the number of people;

3. A copy of the shareholder's passport (the scanned copy can be sent first, and the original notarized copy needs to be provided later).

4. A copy of the utility bill (within the last 3 months), you can send the scanned copy first, and then provide a notarized copy of the bill or the original bill.

5. Resume of shareholders.

On the basis of receipt of all the required documents, the establishment of a Cyprus company usually takes around 10 working days.

Take a company name. It is necessary to submit and file the application for the preferred name to the Companies Registry, and the name review will take about 5 working days;

Prepare registration materials. Submit information such as the articles of association, the person in charge and shareholders of the company to the Registrar of Companies for registration;

Provision of the company's share capital. It can be expressed in any currency, without a lower paid-up capital;

Provide proof of the company's registered address. Must be local in Cyprus;

Apply for a company registration number. Handle the company's legal entity documents (i.e. company composition, directors, shareholders, etc.).

A complete set of documents for the successful registration of a Cyprus company.

Cyprus Certificate of Incorporation (English);

Articles of Association and share capital (in English);

Certificate of Registered Address of the Company;

Certificate of directors, secretary and shareholders of the company;

1. Company name: provide 3 company names for name verification, the company name is in English, and it must be limited or ltdAt the end, the other name is allowed to contain words such as international, group, holding, industrial, investment, etc.;

2. Shareholders and directors: at least one director is sufficient (there is no nationality restriction, but in order to enjoy tax incentives, the director must be a local);

3. Legal secretary: Every limited liability company must have its secretary, unless there is only one shareholder, and the director and secretary cannot be the same person. Our company can provide statutory secretarial services;

4. Registered capital: There is no need to pay in and there is no minimum registered and paid-in capital, but generally at least 1,000 euros of registered share capital.

5. Business ScopeThe business scope of the Cyprus company does not have too many restrictions, and it can operate any kind of business under the premise of legality.

<> Republic of Cyprus, is an island country located in the eastern Mediterranean Sea at the crossroads of Eurasia, with an area of 9,251 square kilometers. Although Cyprus is geographically located in Western Asia, it has had close cultural and cultural relations with Europe since ancient times, and self-identified as a European country, and the Republic of Cyprus officially joined the European Union as a member of the European Union on May 1, 2004. Cyprus was included in Forbes' list of the most livable countries for retirement in 2020.

Cyprus company fees include company formation, appointment of secretary and directors, appointment of shareholders, address fee, account opening, VAT registration, annual examination, ** person certificate, etc., and the local requirement is to submit a VAT report every three months.

2. Basic conditions for registering a Cyprus company:

1) Company name: provide 3 company names, mark the serial number, we will check the name, the name is required to be capitalized in English, limited or ltdEnd;

2) Shareholders and directors: provide ID cards, passports, address certificates, at least one shareholder and director of the company, the director and shareholder can be the same person, the shareholder can be a legal person or a natural person, no nationality restrictions, no local resident requirements, no upper limit requirements;

3) Legal secretary: Each limited liability company must be equipped with a secretary, unless there is only one shareholder, and the director and secretary cannot be the same person, provided by the company;

4) Registered capital: no paid-in minimum registered and paid-up capital, and the recommended registered capital is 1000 euros.

5) Business scope: There are not too many restrictions, and you can operate any kind of business under the premise of legality.

6) Annual review: The first annual review is within 18 months, and then once a year.

The Cyprus company registration time is about 3 weeks, and the local bank account can be opened after registration.

Cyprus Company Registration, WO Services include:

Cyprus Company Registration.

Local company secretary and registered 4 address.

Cypriot bank account opening.

Financial license application (if required).

Annual accounting and tax services.

1. Shareholder: at least 1 person, who can be a corporate legal person or a natural person of any nationality; Director: at least 1 person, can be a company or a natural person;

2 Company Secretary: A secretary must be appointed to set up a company, and the secretary can be a corporate legal person or a natural person of any nationality.

3. Information to be provided by the shareholder director: Passport of the beneficial shareholder, credit certificate, certified copy of utility bill (or original; provided by the customer); Director's utility bill, credit certificate, certified copy of passport (or original), original lawyer's recommendation letter (provided by the client, if we need assistance, additional fee), resume of the shareholder director and fill in the due diligence** (provided by the client);

4. Registered capital: minimum 1 euro, no need to be actually in place, it is recommended to register according to 2000 euros;

1. Cyprus companies do not need capital verification, and there is no restriction on low registered capital;

2. The number of shareholders is 1-50;

3. One less director is sufficient;

4. The audit report must be submitted every year. Registered name requirements for registering a Cyprus company:

Choosing a name to register a company in Cyprus is relatively easy, there are not so many requirements, the only requirement is that all company names must be limited or ltdEnd; A licensed company name is required before operating.

The Republic of Cyprus is a former British colony and is now a member of the European Union. It is located in the Mediterranean Sea, bordering Turkey (to the south), Syria (to the west), and Kastellorizo (Greek islands to the east), with a population of 1.2 million. The capital and financial center of Cyprus is Nicosia.

Its official languages are Greek and Turkish. The Euro (EUR) became its official currency in 2008.

Cyprus is one of the most favorable environments in Europe to start or set up a company or business, and as such, it is known as the gateway to the European Common Market due to its favorable tax policies, economic and other foreign investment laws.

Cyprus company registration requirements.

Organizational requirements. These are the organizational registration requirements for the incorporation of a new company in Cyprus. They include:

At least one director;

At least one shareholder;

An individual can be either a shareholder or a director;

Cyprus address that needs to be registered and verified;

The company must have a secretary (the individual can be a resident or a non-resident);

The use of nominal services is permitted.

If the following requirements are not met, there are certain restrictions on commercial activities involving banking, insurance, financial services, etc., without special permission.

Cyprus Company Name Requirements.

The company name can be prepared in any language using the Roman or Greek alphabet, provided that a translation into Greek or English is submitted. At the same time, the name should be officially recognized as pleasant.

It is forbidden to use a name that is similar or similar to an existing name.

Names that contain illegal or are associated with royal patronage will not be registered.

Companies with the words "trust", "bank", "insurance", "reinsurance", etc. in their names are required to obtain a license.

The name should end with the word "Limited (Ltd)".

What types of companies can be opened in Cyprus?

1.Limited Liability Company. This can be a private limited liability company or a public limited liability company.

2.Partnerships (general partnerships and limited partnerships).

3.A branch of a foreign company. It is possible to open a branch office or a foreign office in Cyprus.

4.Sole proprietorship.

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

Cyprus company registration usually takes about 3-4 weeks.

1. Company name (standby), business scope;

2. Copies of valid certificates of shareholders and directors;

3. Notarized translation of the beneficiary's passport (the original passport will be sent to the Hong Kong accounting firm for certified copy, which reflects the words that the original certificate has been confirmed by the accountant);

4. Proof of address (utility bill, bank statement, ID card, copy of household register);

5. Recommendation letter (bank, lawyer or print the credit report of the People's Bank of China);

6. Questionnaires, resumes and due diligence**.

1. There needs to be one shareholder (either an individual or a company), but the company, as an investment shareholder, needs to avoid overly complex structures.

2. There needs to be one director, usually a Chinese individual shareholder, and there is no need to arrange a local director unless necessary;

3. The registered capital is usually 1000 euros, and there is no need to pay in;

4. A local registered address is required, which is generally divided into two categories: anchor address or independent address.

2. If the company is a shareholder, it is necessary to provide the company's business license, articles of association, address certificate, description of the company's business activities, tax registration certificate and other information.

3. In addition, if the shareholder structure of the company is complex, each layer of the structure needs to provide the company's license, articles of association, directors' and shareholders' declarations to the ultimate beneficiary.

Cyprus is a member of the European Union, but also an active participant in the "Belt and Road", its profits tax is only 10%, the company's shareholders can be natural persons or enterprises, there is no restriction on the nationality of shareholders and directors, the layout of the international market, the development of the European market on the choice of Cyprus.

The following information is required to register a Cyprus company:

1. A copy of the passport of the director and shareholder;

2. Personal bank credit certificate of directors and shareholders.

3. Proof of address of directors and shareholders;

4. Completed application;