The company formation procedure in Cyprus is similar for all available company types. If you decide to start a business here, you can rely on our local experts for full company incorporation services.
| Quick Facts | |
|---|---|
| What are the types of companies you can help me set up in Cyprus? | – private limited liability company, – public limited company, – Cyprus partnership, – company liability by shares |
Minimum share capital for LTD company | EUR 1 |
Minimum number of shareholders for a limited company | One |
| Local director required (YES/NO) | Yes |
| Full foreign ownership allowed | Yes, a Cyprus company can be fully owned by a foreign shareholder |
| What are the documents required to open a company as a foreign shareholder? | – passport copy, – recent utility bill or rental agreement as proof of address, – CV |
| What are the steps to open a company in Cyprus? | – trading name reservation, – documents drafting and filing, – Certificate of Registration collection, – apostille approval from the Ministry, – tax and VAT registration |
| How long does it take to register a company through your company? | Around 6 days |
| Are shelf companies available? | Yes |
| Do you supply a registered address/virtual office? | Yes, we do |
| Redomiciliation permitted | Yes, Cyprus allows company redomiciliation |
| Incorporation timeframe | Approx. 5 days |
| Availability of online company registration (YES/NO) | Yes, through the representation offered by our specialists in company formation in Cyprus. |
| The main benefit of starting a business in Cyprus | Low taxation |
| Company incorporation fees | – EUR 10 for name approval, – EUR 165 Trade Register fee + our fees. |
What types of companies/entities can I set up in Cyprus?
- Limited liability company – in Cyprus, this type of company, also called an LTD, can either be public or private. The private limited liability company is not required to have a minimum amount of money; however, in the case of a public company, the minimum share capital is approximately 25,629 euros.
- Foreign companies are welcome to create branches and representative offices, as well as subsidiaries, which will operate as extensions of the parent companies in Cyprus. Each structure has its own requirements that have to be met by the founders.
- Partnerships in Cyprus. There are two types of partnerships available for registration in Cyprus – the general and the limited partnership. Both types of partnerships require a minimum of two participants and a maximum of 20 participants.
- Sole proprietorships in Cyprus. This is the simplest business form available for those who want to operate on their own. There are no share capital requirements in the case of sole traders.
Can a foreigner open a company in Cyprus?
Of course. Cyprus welcomes foreign investors in various business fields. The legislation for investments allows foreigners to open the same types of legal entities as national investors.
What are the documents required for a foreign investor who wants to set up a company in Cyprus?
As a foreigner, you only need to supply these documents for company registration in Cyprus:
- a valid passport – a visa is also required if you are a non-EU citizen;
- a recent utility bill, or a rental agreement if you are a Cypriot resident;
- a CV.
We also invite you to see a short version of the process of company formation in Cyprus in the scheme below:
What are the steps for incorporating my Cyprus Company with your firm?
Here is what to expect when you decide to work with us:
- you can get in touch with us at our office, via phone or email, and hand us or send us the registration documents, alongside the business name proposal;
- we will then file the application for the business name for approval to the Companies Register;
- once the trading name is approved, we will submit the registration papers to the Register;
- we will then get the Registration Certificate and apply for an apostille with the Ministry of Justice;
- register the company for taxation and VAT.
How long does it take to register a company in Cyprus in 2026?
Here is a breakdown of the procedure, based on the experience of our local specialists:
- business name approval can take around 4 days to complete;
- 1 or 2 days for preparing the company’s statutory documents;
- the registration of the company is made in about 6 working days;
- the apostil is then obtained in one working day;
- tax registration takes another working day;
- social security registration is about 1 week.
You can also watch our video below:
What are the most important advantages of starting a business in Cyprus as a foreigner?
Here are some lesser-known aspects about having a business in Cyprus, especially if you are a non-resident:
- you can complete various activities through the same company, meaning after registration, you can engage in both IT and healthcare service provision, for example;
- you are not required to pay the nominal capital of the Cypriot company in cash;
- for enhanced privacy, you are allowed to appoint a nominee shareholder, director, and even a secretary in Cyprus (just make sure to report their names to the Ultimate Beneficial Owner Register maintained by the Cyprus Companies House);
- Cyprus applies a 15% corporate tax on business profits and levies no taxes on capital gains or profits made from the trading of shares.
What are the company registration fees for a Cyprus company in 2026?
Here are the fees imposed by the Companies Register in 2026:
- EUR 10 for name approval;
- EUR 165 for the submission of the incorporation forms.
Important: Our professional fees will be added to the fees above.
We invite you to contact our team of specialists in Cyprus company formation matters for more details about our services or for a personalized offer.