Updated for the Cyprus tax reform effective from 1 January
Read MoreEstablishment of companies in Cyprus, sole trades, partnerships, trust, foundations.
At IBCCS TAX, we support entrepreneurs, investors and international groups with company formation and company registration in Cyprus – from selecting the right structure and preparing incorporation documents to post-incorporation compliance and practical onboarding.
Last updated: 01 January 2026
Cyprus is a popular destination for investment thanks to its European Union membership, business-friendly regulatory framework, and internationally recognised tax system.
Registering a company in Cyprus offers a strategic advantage for entrepreneurs, investors, and international businesses seeking a reputable EU jurisdiction for cross-border operations and long-term structuring. The statutory corporate tax rate is 15% under the tax reform framework in force from 1 January 2026, supporting Cyprus’ position as one of Europe’s most competitive locations for company formation.
Cyprus continues to align with international tax and compliance standards while maintaining a strong legal system and a stable environment for doing business. As an EU member state, it provides full access to the EU single market and benefits from an extensive network of over 65 double tax treaties.
Compliance note: the annual company fee has been abolished from 2024 onwards, while statutory reporting and ongoing corporate obligations remain in place.
Whether you’re launching a startup, setting up a holding company, or expanding internationally, IBCCS TAX provides end-to-end support for company registration in Cyprus – from legal guidance and tax structuring to ongoing accounting and compliance.
Cyprus supports several business set-ups depending on your goals, ownership structure and operational profile. At IBCCS TAX, we commonly assist with:
Trusts and foundations (subject to purpose and eligibility)
We help you select the structure that fits your commercial reality, future plans and compliance profile – so the set-up remains practical and sustainable.
Company registration in Cyprus typically follows a clear sequence:
Company name selection and name approval
Preparation of the Memorandum and Articles of Association and supporting documentation
Submission of the incorporation application to the Registrar
Issuance of incorporation and corporate certificates
Post-incorporation onboarding: tax registrations, governance set-up, and compliance planning
Our role is to prepare a complete, consistent file and manage the process end-to-end – reducing delays and unnecessary back-and-forth.
Document requirements depend on your structure and the profiles of shareholders, directors and beneficial owners. A typical incorporation file includes:
Identification and proof of address (for relevant individuals)
Corporate documents (if a shareholder is a company)
Beneficial ownership information (UBO) and supporting details
A clear description of business activity and intended operations
Draft structure decisions (share capital approach, directors/secretary, registered office)
We provide a tailored checklist and review documents for consistency (names, addresses, dates and supporting logic) before submission.
Incorporation is followed by practical registrations and recurring compliance obligations. We support clients with a structured set-up and calendar, including:
UBO Registry (beneficial ownership)
Cyprus entities must maintain beneficial ownership information and complete annual electronic confirmation during the period 1 October to 31 December each calendar year.
VAT registration (where applicable)
VAT registration becomes compulsory when taxable supplies exceed the statutory threshold (e.g., €15,600 in a rolling 12-month period) or when it is expected to be exceeded within the next 30 days, and in certain cross-border cases.
Ongoing statutory filings
Companies have ongoing statutory obligations (annual returns, corporate updates and reporting). We help clients implement a practical compliance workflow aligned with how the business operates.
At IBCCS TAX, we provide tailored, expert solutions for company formation in Cyprus, backed by our extensive international experience. Our multilingual team offers personalised service to clients in various languages, ensuring seamless communication throughout the process. Whether you need tax planning, accounting services, or guidance on company formation, we are dedicated to helping your business thrive in Cyprus.
We understand the nuances of local and international tax laws, ensuring your Cyprus company is set up efficiently and in full compliance. Reach out today to see how we can support your business goals.
Registering a company in Cyprus involves several legal, administrative, and financial considerations. At IBCCS TAX, we simplify the entire process—from choosing the right company structure and preparing incorporation documents to liaising with authorities and assisting with VAT registration and substance requirements. Our experts ensure that each step aligns with your long-term business strategy, making your Cyprus company setup both strategic and future-proof.
There are multiple ways to register a company in Cyprus. Incorporation is one of the most efficient ways to do so.
Company registration in Cyprus typically includes name approval, preparation of incorporation documents (Memorandum & Articles), and submission of the incorporation application to the Registrar.
The procedure is as follows:
The Memorandum carries the name and object of the business and it provides the amount of share capital, the name of the subscriber and the number of shares and the address of the subscribers, whereas the Articles of Association provides the internal regulations based on which a company will be conducted in its daily operations, provisions about the rights, duties and responsibilities of the company’s shareholders and directors and voting rights of members.
After the submission of the document, it usually takes five 7 working days for the incorporation. Timing depends on name approval, file completeness and the Registrar’s workload. A complete, consistent submission is the most important factor for a smooth and predictable process.
A standard onboarding usually includes identification and proof of address for relevant individuals, corporate documents where a shareholder is a company, UBO information, and a clear description of the planned business activity.
Typically, you receive the Certificate of Incorporation and standard corporate certificates (directors/secretary, shareholders, registered office), alongside stamped constitutional documents (as applicable).
No. There is no need for the beneficial owner of the Company to be present for alll pre-incorporation and post-incorporation procedures. All forms and other documents can be received in paper-form by mail. However, clients are always welcome to visit our office to get to know us and establish a more trustful relationship.
Only if that person is also the shareholder of the Company. As per the Article 173 of the Law, it is not permitted for one person to act both as a secretary and a director, if the shareholder of the company is a different person or an entity.
There is no actual requirement of the Director being local Cypriot person, however it is of vital importance since is one of the criteria that determines the location of the tax-residence of the company itself. There are, of course, many other but the location of the board is just one of them. So, it must be viewed in context. For the avoidance of any Controversy IBCCS TAX advises to engage Cyprus-based directors (individual or corporate).
As for the Secretary, although it is not required by law for the secretary to be local Greek speaker, IBCCS TAX advises though for the purpose of efficiency and smooth operation of the Company, since the secretary will be directly liaising with the authorities in Greek language.
Companies must maintain beneficial ownership information and complete an annual electronic confirmation once per year during 1 October to 31 December.
Not necessarily. VAT registration becomes compulsory when taxable supplies exceed the statutory threshold or are expected to exceed it within a short period, and in specific cross-border scenarios.
Yes – from structure selection and incorporation filings to UBO/VAT support and ongoing compliance administration aligned with your operating model.
Contact our team for a structured, compliant incorporation process.
Since 2014 we’ve continually explored new ways of finding viable solutions. Our vision is to keep doing business that inspires us to create more. Our mission is to create a better everyday operating life for the businesses and to offer a wide range of tailor-made solutions.
We assist our clients in relocation and at all stages of their entrepreneurship adventure: from structuring the business in a tax-efficient manner, through the daily administration and operations of the companies.
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