Регистрация компании на Кипре
Setting Up a Company in Cyprus

Setting Up a Company
in Cyprus

Setting up a company in Cyprus has been a serious business topic for many years, as the country is an official offshore zone of the European Union and at the same time offers the most loyal European tax conditions and clear legal requirements. There is no strict financial control and interference with confidential materials by the government.

A company developing in such an environment receives favourable conditions for scaling and successful business management. In addition, it is not necessary to become a resident of Cyprus for business management, as there is a type of organization, which may be administered from abroad. However, accounting and financial reporting must be prepared early. After registering a company, you need to open a bank account in Cyprus.

Setting up a Cyprus company

Setting up a company in Cyprus as of now is quite simple, as the procedure does not require a personal presence. However, a detailed knowledge of the nuances of the tax legislation of the country is required. Thus, professional legal assistance is highly recommended.

In addition, Cyprus companies have a number of advantages:
  • Corporate tax rate is 12.5%, VAT rate is 19%.
  • As Cyprus entered into more than 40 treaties on avoidance of double taxation with different countries, if the company is operated by a non-resident, taxes in Cyprus are not paid.
  • The island country is not on any blacklist of offshore jurisdictions.
  • The Cyprus VAT number allows to freely cooperate with any EU country.
  • When opening a company, there is a chance to quickly obtain EU citizenship (in 4-5 months), which gives the right to visit more than 150 countries without visa.
  • No need to actually contribute (pay) the amount of the authorized capital.

How to buy an offshore in Cyprus?

You can buy an offshore in Cyprus when the time is of the essence. So-called ready-made companies that are incorporated in advance are constantly offered here. Registration of a company takes up to 2 weeks, while purchase can be done as soon as possible for up to 3-4 days. The mentioned operations do not require the personal presence of the beneficiary, which is an undeniable advantage.

Company registration services from PCG

PCG provides all kinds of services related to the company registration in Cyprus. Professionals thoroughly monitor changes in Cyprus tax law and offshore policies. With the help of our specialists, you can register a company with no doubt regarding the quality of the work. The cost of certain particular services provided below.
If you need a properly registered company with the right to work in the European Union, offshore in Cyprus will be the most practical choice.

Setting up a company in Cyprus with Protey Consulting Group

For extensive advice regarding the purchase or setting up a company in Cyprus, contact Protey Consulting Group. Prompt and competent solution of your issues is guaranteed.

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Maintenance Services
Protey Consulting Group will conduct qualitative assessment and present heir suggestions considering the tax burden lowering of Your enterprise.
Our qualified employees have a great experience and extensive practice implementing the decisions of development and automation of accounting process.
Our specialists will help and advise You of any issues relating to the provision of registered office, nominee directors, shareholders, secretaries, etc.
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Protey Consulting Group company offers the opportunity of obtaining a second citizenship and permanent residency in such countries as Cyprus and Malta.
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Offshore Account in Cyprus
SPECIAL PROPOSITION
Open a company in Cyprus for only 3,500 euros
Tax Planning and Optimization
Accounting Management and Automation
Legal and Nominee Services
Real Estate Investment
Immigration Services (Permanent Residency)

Fee Shedule | Cyprus

Registration and Renewal Services

Registration
€2,250
  • Certificate of Incorporation
  • Certificate of Directors and Secretary
  • Certificate of registered legal address
  • Certificate of Shareholders
  • The decision about an appointment of the Director
  • The Memorandum and Articles of Association of the Company
  • Company’s seal
  • Legal address
  • Secretary
  • Courier
Bank Account
from €4,000
Opening of a bank account in Cyprus, in 2 weeks
Renewal
€1,000
  • Legal address
  • Secretary
Annual state fee
€350
Paid in June of the next year after the registration of the company

Nominee and Additional Services

Nominee Director
€1,250 / €1,000
Cyprus (individual) / Belize (legal entity)
Nominee Shareholder
€650 / €450
Cyprus (individual) / Belize (legal entity)
VAT Registration
€250
VAT Declaration
€300

For 1 declaration (total 4 per year)

Accounting (per month)
from €400

Depends on the number of transactions, the complexity of their fixation, the number of company accounts, the existence of employees, the need to calculate their salary and tax amount, the need to provide a report regularly / upon client’s request, report format, etc.

Audit (Sleeping Company)
from €400

For dormant company with no transactions

Audit (Operating Company)
from €1,250
Depends on the number of transactions and annual turnover and shall be agreed separately