Cyprus Offshore Company Registration
Cyprus Offshore Company Registration
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Characteristics of Cyprus Offshore Company
|
Company Type |
Private Company Limited by Shares |
|---|---|
|
Governing Corporate Legislation |
The Cyprus Bar Association |
|
Accessibility of Records |
Upon registration, company officers name will appear in the business registry; however, nominee services are available |
|
Minimum Paid-up Capital Requirement |
EUR 1,000 |
|
Minimum number of Shareholders |
One |
|
Minimum number of Directors |
One |
|
The requirement to appoint Company Secretary |
Yes |
|
The requirement to appoint an Auditor |
Yes |
|
The requirement to File Annual Returns |
Yes |
|
Accessibility to Accounts |
None |
Cyprus Offshore Company Incorporation Is Ideal for
Wealth Management
International Trading
Holding Company
Property Ownership
Custody of Real Estate
FAQs
Is Cyprus a Tax Haven?
Cyprus is not the usual tax haven that most investors prefer; however, it is an excellent place for starting an offshore company. Through offshore companies, foreign investors will have an advantage of certain tax exemptions just like in other jurisdictions
How long does it take to incorporate a Cyprus Offshore Company?
It can take up to 10 working days to establish a business in Cyprus
What type of business entity is needed to register an Offshore Company Cyprus?
Offshore companies can take different forms in Cyprus. The most common one is an LLC company. This kind of structure is also subject to minimal company formation requirements in Cyprus
Are there any special permits or licenses to incorporate an offshore company in Cyprus?
Unless the company operates in a specific industry which requires a particular business license, there are no requirements in this sense
Is there a requirement to have a local address for offshore company Cyprus?
Yes, even if it is a non-resident business, being a Cyprus corporate entity, the offshore company will need a local address.
*Duration is subject to the constraints of the due diligence procedure.
**The required documents must be provided for every individual related to the company.
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