Who It’s For
- Business owners who want a Cyprus company for EU operations
- Teams moving part of their business to Cyprus
- Founders who want documents ready for banks and auditors
700+ Cyprus entities formed and administered. CySEC ASP License 135/196. Response within four business hours.
Why Cyprus
- 15% corporate tax — one of the lowest in the EU, with an extensive double tax treaty network (65+ countries)
- EU member state — access to EU directives, SEPA payments, and passporting for regulated activities
- Participation exemption — dividends and capital gains from qualifying subsidiaries can be exempt from tax
- No withholding tax on dividends paid to non-residents (subject to conditions)
- IP box regime — effective rate as low as 2.5% on qualifying intellectual property income
- Non-domicile regime — no tax on dividends, interest, or rental income for qualifying individuals for up to 17 years (with a 10-year extension available)
- Common law — legal system based on English common law, familiar to international investors and lenders
- Fast setup — standard incorporation in ~5–10 business days; urgent cases possible
These are general features of the Cyprus tax and legal system. Your specific position should be confirmed with a qualified tax advisor. We coordinate with your advisors on formation and structuring.
What You Get (Deliverables)
- Company name clearance and company documents (MoA/AoA)
- Registrar filing and full certificate set (Incorporation, Directors/Secretary, Shareholders, Registered Office)
- Beneficial ownership register filing (when required)
- Company pack after incorporation + bank document set (Banking Administration)
- Optional setup of Corporate Secretarial and Registered Address
- Add-ons: TIC/TIN, VAT, apostille/legalisation via Administrative Services
*Banks always decide account approval. We prepare the file and support the process, but we cannot guarantee outcomes.
Process & Typical Timeline
- Kickoff + basic checks — scope, quick risk check, document list (~1–2 business days)
- Name approval + drafting — prepare MoA/AoA and forms (typically ~1–3 business days)
- Registrar filing — incorporation and certificates (commonly ~3–7 business days, depends on registrar workload)
- After incorporation — deliver company pack; prepare bank document set (typically ~1–3 business days)
- Optional next steps — TIC/TIN, VAT, EORI (authority timelines vary)
Overall guide: many standard incorporations complete in ~5–10 business days, depending on checks and registrar timing.
Case Study
Urgent Tender Incorporation (≈72 hours)
Client: European mining company (anonymised)
The client needed a Cyprus company quickly for a tender, with company documents drafted to match tender requirements.
MegaServe prepared the MoA/AoA, filed with the Registrar, and delivered the full certificate set within about 72 hours. The client submitted the tender on time, was shortlisted, and used the Cyprus entity as its contracting vehicle for the project.
Requirements
- Certified passports/IDs for UBOs, directors, and shareholders
- Recent proof of address (last 3 months)
- Shareholding chart (who owns what)
- Business activity summary (what you do, countries, expected volumes)
- Source of funds / source of wealth (short explanation)
- Draft contracts or key customers/suppliers (if available)
- Power of Attorney (if needed for signing)
Risk & Mitigations
- Bank account approval: banks decide. We match you to suitable banks and prepare the bank file to reduce delays.
- Extra checks: some sectors/countries need more information. We flag this early.
- Document quality: IDs and addresses must meet standards. We provide formats to avoid resubmissions.
- Company name: some names are restricted. We pre-check to reduce Registrar rejection.
FAQs
Do I need to visit Cyprus to incorporate?
No. You can usually incorporate remotely. A bank may ask for an in-person visit, depending on the case.
How long does incorporation take?
Many standard cases complete in ~5–10 business days after final documents and name approval. Timing depends on the Registrar and document readiness.
Can you guarantee a bank account?
No. We can introduce banks and support onboarding, but the bank always decides.
Is a local director or secretary required?
A company secretary and registered office are required. A Cyprus resident director is not always required, but banks and auditors may expect it depending on your activity. We can arrange this via Corporate Secretarial and Directorship.
Can you handle TIC/TIN and VAT registrations?
Yes. We can coordinate this after incorporation via Tax & VAT Administration.
Do you support redomiciliation or restructuring?
Yes. We can handle restructuring or migration as a related service, or scope it alongside formation.
What is company formation and what does it involve in Cyprus?
Company formation is the legal process of incorporating a new company with the Cyprus Registrar of Companies. It involves choosing and approving a company name, preparing the Memorandum and Articles of Association, filing the required forms, and obtaining the certificate set (Incorporation, Directors/Secretary, Shareholders, Registered Office). MegaServe handles the entire process and delivers a complete document pack.
How much does it cost to form a Cyprus company?
Formation fees depend on the company structure, number of shareholders, and any add-ons (registered address, secretarial, TIC/TIN, VAT). MegaServe provides a fixed-fee quote after the initial scope call. Government filing fees are charged at cost.
See also
Banking Administration · Corporate Secretarial · TIC/TIN Registration · VAT Registration · Administrative Services
Other Jurisdictions (on request)
In addition to Cyprus, we can coordinate company setup through vetted associates in selected jurisdictions:
Others on request. Extra checks may apply depending on sector and country.