Cyprus Company Formation

Set Up Your Business

Are you prepared to take the next step in your business journey? Cyprus company formation provides an efficient and cost-effective solution to set up your business in a tax-friendly environment. With our skilled assistance, you can negotiate the intricacies of company registration in Cyprus and reap the benefits of a thriving business environment.

At Christos Makrides and Associates Ltd, our team of chartered accountants and tax consultants is dedicated to providing you with the necessary tools and accounting and legal support needed throughout your company’s registration process.

Cyprus Company Formation: Quick, Easy and Tax- Efficient Business Setup

Starting a business in Cyprus is not only quick but also tax-efficient. The Cyprus business formation process allows you to benefit from one of Europe’s lowest corporate tax rates. Enjoy tax breaks that boost your profits while guaranteeing compliance with corporate law. Our team will assist you in completing the appropriate company paperwork, including the memorandum and articles of organisation, to guarantee a smooth incorporation process.

Our company formation in Cyprus solutions are designed to accommodate enterprises of all sizes. Whether you are a start-up, an established business or an international group, we provide competitive solutions that match your unique requirements. Each plan offers full help for business formation, paperwork preparation, and ongoing compliance. Choose the best plan for your company and experience the peace of mind that comes with expert guidance.

In addition to Cyprus company registration, we provide a range of extra services suited to your specific business requirements. We offer registered office solutions, accounting services, and ongoing compliance support to guarantee that your firm adheres to all legal requirements. Our skilled team is dedicated to assisting you in maintaining a good standing with the authorities while maximising your commercial potential in Cyprus.

  • Setting up a business in Cyprus
  • Relocation of family members & staff
  • Facilitation of newcomers
  • Tax restructuring of global operations
  • Accounting, audit and secretarial support
  • Bank account opening

Our Incorporation Process

Our streamlined incorporation process is intended to save you time and effort. Our practice guarantees a seamless experience from company registration to paperwork submission. We’ll walk you through every stage, from appointing directors and secretaries to opening a bank account. You can rely on us to handle the details of your Cyprus company formation, enabling you to focus on your business goals.

  1. Applying for a company name at the Registrar of companies (RCOR)
  2. Preparation of the memorandum and articles of association
  3. Filing of all relevant company documents to the RCOR
  4. Incorporation of the company by RCOR
  5. Issue the certificate of incorporation and certificate of registered office address
  6. Bank account set up
  7. Company registration with the tax department and opening of a bank account where necessary
  8. Declaration of Ultimate Beneficial Owners to the UBO registry

Tax Incentives

Cyprus has significant tax incentives, making it an appealing location for business setup. With a low corporate tax rate and a network of double taxation treaties, your company can save greatly on taxes. Furthermore, a private limited company structure limits liability for shareholders, protecting personal assets while allowing your business to thrive. As part of the company incorporation procedure, we assist you in verifying your eligibility for these incentives.

12.5%
Corporate tax rate. One of the lowest in the EU
58
Double Tax Treaties
0%
Dividend received tax for non-dom tax residents.
2.5%
Reduced corporate tax rates for IP companies
0%
Income tax for personal income up to €19.500

Cyprus as a Business Hub

Cyprus offers a dynamic and vibrant business landscape for entrepreneurs, investors and established foreign groups of companies. The island is known for its strategic location at the crossroads of Europe, Asia and Africa, offering important advantages for trade companies and groups who wish to establish their presence in the EU.

Business Culture

Cyprus is known for its dynamic business environment. Collaboration and transparency are highly valued. Businesses setting up on the island gain access to a highly skilled and multilingual workforce, facilitating seamless communication across borders. Christos Makrides and Associates is no exception to the country’s professional services sector, supporting business operations globally. 

Strategic Location at the Crossroads of Continents

Cyprus is known for its dynamic business environment. Collaboration and transparency are highly valued. Businesses setting up on the island gain access to a highly skilled and multilingual workforce, facilitating seamless communication across borders. Christos Makrides and Associates is no exception to the country’s professional services sector, supporting business operations globally. 

Set up your business in Cyprus now.

Key advantages of Cyprus include a favourable tax regime and a network of double tax treaties, which enhance profitability and reduce the risk of double taxation. With a stable economic climate and supportive government policies, Cyprus is ideally positioned for business success. For more information refer to our blog articles on the related topic.

A Guide to Understanding Non Dom Tax Residency Status in Cyprus: 7 Most Common Questions

Cyprus provides a variety of incentives to attract foreign investment, including tax advantages, grants, and subsidies in sectors like technology and tourism. Government-led initiatives aim to streamline integration into the Cypriot market, ensuring investors have the resources and guidance needed. Cyprus’s focus on sustainability and innovation makes it a compelling destination for global investors seeking new opportunities.