How to Register a Company in Cyprus

How to Register a Company in Cyprus

Cyprus is a leading and stable independent nation and a full member of the European Union and as such offers a lucrative environment for a business to operate in. Having a business idea and model in mind might be the first step to opening your own company, but you will also need to know how to register a company in Cyprus.

As a new business owner, or soon-to-be business owner, you should expect to be faced by some challenges along the way. Registering your company is likely to be just one of several.

The initial challenges to consider when registering a company in Cyprus are the bureaucratic and legal ones. If you wish to register the company without professional assistance, you could be faced with having to make a variety of applications and produce documentation to various registrars. At FastCo we ensure that all registrar communication is handled for you and as a result, the notion of having start-up hurdles and challenges to overcome is simplified.

In Cyprus, the Companies Act governs both the registration and operation of businesses. Typically speaking, foreign investors can also quite simply register a company in Cyprus and begin trading with very little in terms of restrictions. Foreign investors can establish any of the following entities in Cyprus:

  • Limited Company Incorporated (this is a popular option).
  • International trust.
  • Branch of a company incorporated overseas.

What type of company can we register for you in Cyprus at FastCo Register?

Individuals and enterprises in Cyprus have two options to choose from when looking into owning their own business. A shelf company is a solution for corporates who want to have their business up and running in a short space of time. FastCo provides professional company registration services that can have your business ready to operate within 24 hours.

  • Why are shelf companies the solution for those who want to trade immediately? You will be choosing from a list of existing business names that are already approved and registered. You can then later legally change the name of the company by applying to the Registrar of Companies and paying the attached fee.

If you have time to spare and really want your business to be customised from day one, then opting for a tailor-made company is the way to go. With this option you will choose your own company name which is then applied for. You will need to wait for approval on your company name and will be required to provide certain documentation.

  • Can you start trading immediately? It can take up to 2 weeks, but you can have everything processed in as little as 4 days if you are willing to pay a small rush fee.

Our team offers free consultation and can also assist you with opening a bank account for your business in Cyprus. Our team is qualified, experienced and well versed in the laws and regulations regarding opening companies in Cyprus. We encourage you to take the time to get in touch with us so that we can discuss your needs and requirements today.

FastCo provides you with specialized tailored solutions. Our team is comprised of professionals who are fully qualified in their field of expertise.

We are a trusted provider of corporate services including:

– Company registration

– Provision of fiduciary services

– Management and administration of companies

– Audits

– Tax planning

– Accounting

– Opening of corporate bank accounts

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