{"id":637,"date":"2018-07-31T20:49:13","date_gmt":"2018-07-31T20:49:13","guid":{"rendered":"https:\/\/ifa-consulting.com\/?page_id=637"},"modified":"2018-07-31T20:49:13","modified_gmt":"2018-07-31T20:49:13","slug":"cyprus","status":"publish","type":"page","link":"https:\/\/ifa-consulting.com\/en\/services\/european-companies-formation\/cyprus\/","title":{"rendered":"Cyprus"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/h4>\n

Company registration in Cyprus<\/th>\n

<\/th>\n<\/tr>\n
Name of service<\/th>\nPackage<\/p>\n

Standard<\/th>\n

Package<\/p>\n

Full<\/th>\n

Package<\/p>\n

Plus<\/th>\n

<\/th>\n<\/tr>\n
Company registration, including the payment of state fees<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Legal address for 1 year<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Share certificate<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Company secretary natural person for 1 year<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Stamp of the company<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Apostille of documents<\/td>\n–<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Nominee director for 1 year<\/td>\n–<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Nominee shareholder for 1 year<\/td>\n–<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Issue of General Power of Attorney to one person<\/td>\n–<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Issue of The Power of Attorney to one person<\/td>\n–<\/td>\n–<\/td>\n+<\/td>\n<\/tr>\n
Corporate accounts in the Bank of Cyprus<\/td>\n–<\/td>\n–<\/td>\n+<\/td>\n<\/tr>\n
Total cost<\/td>\n1248 EUR<\/td>\n1796\u00a0EUR<\/td>\n1896\u00a0EUR<\/td>\n<\/tr>\n
Annual service fee<\/td>\n1048\u00a0EUR<\/td>\n1647\u00a0EUR<\/td>\n1647\u00a0EUR<\/td>\n<\/tr>\n
The cost of preparing the annual report and audit<\/td>\n449\u00a0EUR<\/td>\n449\u00a0EUR<\/td>\n449\u00a0EUR<\/td>\n<\/tr>\n
<\/td>\n\n
Order<\/div>\n<\/td>\n
\n
Order<\/div>\n<\/td>\n
\n
Order<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

General information<\/h2>\n

Area \u2013 9.250 sq. km
\nPopulation \u2013 770.000
\n\u0421apital \u2013 Nicosia
\nOfficial language \u2013 greek, turkish
\nOfficial currency \u2013 euro (EUR)<\/p>\n

Legal form of Company<\/h2>\n

Company with limited liability<\/p>\n

Key specials<\/h2>\n

Cyprus has agreements on exemption from double taxation with following countries:
\nUkraine, Russia, Belarus, Austria, Greece , Romania, Bulgaria, Hungary, Canada, Ireland, Slovakia, Czech Republic, Italy, Sweden, Danmark, Kuwait, United Kingdom , France, Norway, USA, Germany, Poland, Croatia, Serbia, Montenegro, China, Malta, Syria, Belgium, Egypt, Finland
\nProviding of banking, insurance or trust services are subject of special license<\/p>\n

Corporate legislation<\/h2>\n

Companies Act from 1968 with modifications in 1977, 1979, 1985, 1986 and 1990<\/p>\n

Share capital<\/h2>\n

No obligations of share capital contribution
\nShare capital is established by declaraton
\nNo minimum or maximum limits set
\nStandard share capital is 1000 EUR devided into 1000 shares with par value of 1 EUR each
\nAuthorised issue of registered shares with par valueonly<\/p>\n

Bank account opening<\/h2>\n

For Cyprus Company we offer bank accounts in following countries:
\nLatvia
\nEstonia
\nLithuania
\nSwitzerland
\nCyprus
\nDenmark
\nSt. Vincent and the Grenadines
\nBelize
\nSeychelles
\nTanzania
\nBosnia
\nHong Kong
\nDubai
\nFull list of bank accounts with tariffs\u00a0\u00a0 you can find\u00a0here<\/a><\/p>\n

Directors<\/h2>\n

Minimum one director is required
\nUse of nominee directors is allowed
\nDirectors can be residents of any country
\nDirectors can be private or corporate<\/p>\n

Shareholders<\/h2>\n

Minimum one shareholder is required
\nUse of nominee shareholders is allowed
\nShareholders can be residents of any country
\nShareholders can be private or corporate<\/p>\n

Taxation<\/h2>\n

Cyprus has one of the lowest tax duties in EU:
\nValue added tax – 15%
\nCorporate tax – 10%<\/p>\n

Accountancy<\/h2>\n

Annul return must be submitted every 12 moths
\nFinancial statements must be submitted every year
\nAccountancy fees you can check\u00a0here<\/a><\/p>\n

Disclosure of beneficial ownership to Government Authorities<\/h2>\n

Not disclosed<\/p>\n

Timeframes<\/h2>\n

New Company registration takes from 1 day.
\nShelf companies are available
\nFor more information, please\u00a0contact us.<\/a><\/p>\n

For more information, please\u00a0contact us<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Company registration in Cyprus Name of service Package Standard Package Full Package Plus Company registration, including the payment of state fees + + + Legal address for 1 year + + + Share certificate + + + Company secretary natural person for 1 year + + + Stamp of the company + + + Apostille…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":529,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/637"}],"collection":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/comments?post=637"}],"version-history":[{"count":1,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/637\/revisions"}],"predecessor-version":[{"id":638,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/637\/revisions\/638"}],"up":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/529"}],"wp:attachment":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/media?parent=637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}