At IBCCS TAX we are experienced international tax planning advisers offering legal
& tax advisory assistance both on an international and local scale.
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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.
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.
7. The client will receive signed Certificate of Incorporation, Memorandum and Articles of Association by the Registrar of Companies, Certificate of directors and secretary, Certificate of Shareholders, and Certificate of Registered office.
After the submission of the document, it usually takes five (5) working days for the incorporation.
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.
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“IBCCS did build my complete Tax Structure from A-Z. Professional Tax Advisor’s, which i would recommend everybody. Maria, which is my personal tax advisor – the response time is very decent & her knowledge too.”
Niko Joachim Preitenegger
CEO of FASTLIMITED
“Well rounded professionals, with client friendly approach. Always a pleasure working with them!”
CKM AMARE TAX LTD
“IBCCS TAX CY LTD. Have been our trusted partners over the past years, helping us to establish various companies in a multitude of jurisdictions for our clients. We would highly recommend them for their detailed knowledge and swift responses on a wide range of topics.”
TCGS MANAGEMENT LTD
“Working with IBCCS last year was a pleasure. Their timely service, coupled with personal attention, was invaluable for my startup. They efficiently arranged a company audit for my mortgage application, showcasing promptness and reliability. Highly recommended for those valuing personalized assistance.”
Eugenia Amelkina
CEO of AMELIORE LTD
“Efficient services and personal approach, I would definitely recommend.”
Vlad B.
