Cyprus limited company (Ltd)

The Limited Company (Ltd) is the most widespread legal form in Cyprus. Cyprus became a full member of the European Union, enhancing the jurisdiction’s political, economic and social benefits. Importantly, this jurisdiction is not considered to be a ‘tax haven’ and is therefore free from suspicions normally associated with such status. Despite this, Cyprus currently offers one of the lowest tax regime in the EU.

ADVANTAGES

  • No withholding tax on dividends, interest, and royalties paid to non-residents

  • Full tax exemption on capital gains

  • Corporate tax rate of 12,5%

  • Payment and receipt of dividends tax-free

  • An extensive network of double-taxation treaties

  • Free movement of profits derived from non-resident investments

REQUIRED DOCUMENTS

  • Company name of your wish (ending >Ltd)

  • Passport copy of (director(s), shareholder(s))

  • Proof of residence (phone bill, electricity bill) not older then 3 months

  • Bank reference letter

  • CV of shareholder(s)

  • Nature of business and business plan

PRICE BOX

EUR 4'400  Incorporation   

EUR 5'500 Annual fees

SHARE CAPITAL

There is no set minimum share capital but the standard amount is usually €1,000.

SHAREHOLDERS

There must be at least one shareholder, who can be either natural or legal person, with no restriction upon their residence. Details of shareholders are publicly accessible.

DIRECTORS

There must be at least one director, who may be either a natural or legal person, with no restriction upon their residence. Details of directors are publicly accessible..

REGISTERED OFFICE

All companies must have a registered address in Cyprus.

FILING REQUIREMENTS

Audited financial statements and tax returns must be submitted yearly

TIMESCALE

Once all the requested documents delivered, the incorporation process usually takes around a week.

INCORPORATION PROCESS: SET UP YOUR COMPANY IN 2 EASY STEPS

STEP 1: GET YOUR DOCUMENTS IN ORDER

  • Provide us with the company name of your choice. We will check the name availability for you for free

  • Certified copy of your passport

  • Proof of residence, for example your last phone or electricity bill (not older then 3 months)

  • Prepare your bank reference letter

  • Tell us about nature of planned business and expected income and expenditure

  • Let us know when you’re ready and send us a scanned copy of the documents. Call us for any questions +41 (0)44 266 10 60

STEP 2: SIGN FOR REGISTRATION 

  • Sign F Trust’s mandate agreements

  • We will prepare the application for incorporation and the memorandum and articles

  • We will proceed with the company incorporation and registration with the local authorities

  • The company is from now on ready to use

  • If you wish us to assist with bank account opening, please let us know and F Trust will complete account opening application forms for you.