Registration fee is from 3600 €
Registration period — 3 weeks
Minimum authorized capital - 1000 EUR
Remote opening — yes
Financial statements — yes
The Republic of Cyprus is an independent state in the eastern part of the Mediterranean Sea and one of the most attractive jurisdictions in the European Union for international business. After joining the EU in 2004, Cyprus lost its offshore status and today is a fully transparent European jurisdiction with a favorable tax regime.
Cyprus Company Formation allows you to conduct legal international business with access to European markets, banking system and international agreements on the avoidance of double taxation.
Cypriot companies:
Maira Consult lawyers recommend registering a company in Cyprus for:
It takes an average of 2-3 weeks to open a company in Cyprus, depending on the structure of the business and the speed of name approval.
After the company registration is completed, the Registrar of Companies issues official corporate documents with a registration stamp.
After opening a company in Cyprus, you receive a full package of corporate documents:
The documents are provided in English and can be translated if necessary.
Professional support from Maira Consult
Maira Consult specialists provide full turnkey support for company registration in Cyprus:
We will help you to open a company in Cyprus quickly, safely and in accordance with EU requirements and scale your international business.
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Low income tax on profits
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Possibility to open an account in a Cyprus bank
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Financial reporting and audit
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Obtaining a Tax Residence certificate
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Included in the TOP 10 countries for registration
A company must have a secretary, who can be either an individual or a legal entity. The secretary must be a resident of Cyprus.
The company name must end with a word or abbreviation indicating limited liability, such as "Limited" or "Ltd.".
The minimum amount of authorized capital for a company in Cyprus is EUR 1,000, and there are no requirements for its payment.
A company must have at least one individual or legal entity. To maintain the status of a tax resident of Cyprus, the majority of directors must be Cypriot residents. It is also allowed to use the services of nominee directors.
At least one member is required, who can be either an individual or a legal entity, with no residency requirements.
A Cyprus company is required to submit financial statements annually. The first financial report, together with the auditor's report, must be submitted within 18 months from the date of incorporation, and subsequently, reports must be submitted annually.
Cyprus offers one of the most attractive tax systems in the European Union, which makes company incorporation in Cyprus an optimal solution for international business and tax planning.
Corporate tax (Cyprus Corporate Tax)
The corporate income tax rate is:
12.5% - basic rate;
15% - from 2026 in accordance with international requirements (OECD / Pillar Two).
Despite the increase, Cyprus remains one of the lowest taxed jurisdictions in the EU.
Value added tax (VAT Cyprus)
Standard VAT rate:
19% - basic rate;
9%, 5% and 3% - reduced rates (depending on the type of goods and services).
Mandatory registration as a VAT payer occurs if:
the annual turnover exceeds EUR 15,600, or
this threshold is expected to be exceeded within 30 days.
For transactions with counterparties in the EU, companies use the VAT/VIES system for reporting and partner verification.
Taxation of dividends and income
Cyprus has a number of tax advantages for international structures:
0% tax on dividends (under certain conditions);
no capital gains tax (except for real estate in Cyprus);
the possibility of applying the Non-Domicile regime to optimize the taxation of individuals;
more than 60 agreements on avoidance of double taxation.
Special regimes (IP Box)
For IT companies and innovative businesses, the IP Box regime is available, which reduces the effective tax rate to 2.5% on income from intellectual property.
Additional fees
In addition to the main taxes, Cyprus companies pay:
annual municipal tax (Professional Tax) - from 85 to 256 euros, depending on the municipality.
The public register in Cyprus is open, where you can find public information about the director, secretary and the amount of the company's authorized capital. Since 2020, a unified register of beneficiaries has been introduced in Cyprus, which is not available for public viewing - data from it can only be provided to government and tax authorities.
Before registering a company in Cyprus, you need to submit a request to the Cyprus Registry to check the availability of the name. After its approval, the preparation of corporate documents begins.
Each member of the company must provide all KYC documents (passport, utility bill, bank reference, personal account statements for the last 12 months, CV).
At this stage, a meeting takes place in our office or online, where all the necessary corporate documents are signed.
There is no requirement for the mandatory formation of authorized capital in Cyprus. If necessary, it can be created after the company registration is completed.
The Cyprus Companies Registry receives the originals of all signed corporate documents required for the registration of a Cyprus company. The standard period for registering a company in Cyprus is 2 weeks.
After the company is registered in Cyprus, the registry provides executed corporate documents with all the necessary marks.
If necessary, the documents of a Cyprus company can be submitted for legalization and apostillization.
Original corporate documents of a company in Cyprus are delivered via courier service.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207
Legal information
MAIRA LLC
EDRPOU code: 38202700
Jurisdiction: Ukraine
Working hours
Monday – Friday: 09:00 – 18:00
Saturday – Sunday: closed
We respond to inquiries within 15–30 minutes during working hours