Who It’s For
- New Cyprus companies that need a tax number for banking, VAT, and ongoing filings
- Existing companies that need updates after changes (director, UBO, registered office)
- Individuals who need a personal TIC/TIN for banking or tax processes
Without a TIC/TIN, your company cannot open a bank account, register for VAT, or submit tax returns in Cyprus. It is the first administrative step after incorporation.
700+ Cyprus entities administered. CySEC ASP License 135/196. Response within four business hours.
What You Get
- TIC/TIN confirmation and reference details
- Copy of submitted forms and supporting documents
- Authority correspondence saved and indexed
- Bank/auditor confirmation pack (on request)
- Optional: e-Services activation and handover notes for your tax advisor
Process & Typical Timeline
- Check documents: confirm the correct list for the company or person.
- Prepare forms: drafts + signatures, including any authorisations.
- Submit: lodge with the Tax Department and answer any questions.
- Confirm: deliver the TIC/TIN and the confirmation pack.
Service Levels & Typical Timing
| Activity | Typical Timing | Who Signs | Notes |
|---|---|---|---|
| Document check | Same–2 business days | — | We confirm certification formats up front |
| Forms preparation | 1–3 business days | Director/authorised signatory / individual | Templates aligned to current practice |
| Submission & clarifications | 2–7 business days | Authorised representative | Timing depends on authority workload |
| Confirmation pack | Same day after issuance | — | Bank/auditor pack available on request |
| e-Services activation (optional) | 1–3 business days | Director/authorised user | Access setup and basic orientation |
Authority queues can extend completion.
Case Study
TIC/TIN Issued After Incorporation (Bank & VAT Ready)
Client: Newly incorporated Cyprus company (anonymised)
The company needed a tax number to progress bank onboarding and VAT registration.
MegaServe checked the certificate set and signatories, prepared the file, submitted, and handled clarifications. After issuance, we provided a bank-ready confirmation pack and a clean handover for the VAT/tax advisor.
Result: TIC/TIN issued without resubmissions, the bank onboarding unblocked the same week, and the VAT registration was filed the following week using the bank-ready confirmation pack — keeping the incorporation-to-trading timeline on schedule.
Requirements (Documents Checklist)
| Entity (Company/Branch) | Individual (Director/UBO/Investor) |
|---|---|
|
|
We provide certification formats to avoid resubmissions. Translations/apostilles arranged where required.
Risk & Mitigations
- Authority queues: we cannot control timing, but we reduce delays with a clean file.
- Certification errors: we give formats and samples before submission.
- Next steps: we coordinate with your bank and VAT/tax advisor to avoid duplicated work.
FAQs
What’s the difference between TIC and TIN?
Both terms refer to the taxpayer identification number used by the Cyprus Tax Department. We use TIC/TIN interchangeably for clarity.
Do directors or foreign shareholders need a personal TIC/TIN?
Sometimes. Banks or authorities may request it depending on activity and filings. We confirm this during intake.
Can you fast-track the number?
We cannot control authority queues, but we pre-check documents, follow correct formats, and answer clarifications quickly.
Will you share the TIC/TIN with our bank and auditor?
Yes. On request, we provide a confirmation pack and update your corporate records.
Is a TIC/TIN required for a Cyprus company?
Yes. Every Cyprus company needs a tax identification number (TIC/TIN) to open a bank account, register for VAT, file tax returns, and meet ongoing compliance obligations. It is one of the first steps after incorporation.
How much does TIC/TIN registration cost?
We offer fixed-fee pricing for TIC/TIN registration covering document check, forms preparation, submission, clarifications, and the confirmation pack. The Cyprus Tax Department does not charge a fee for TIC/TIN issuance itself. Additional items (e-Services activation, translations, legalisations, certified copies) are priced separately and quoted up-front. We confirm the quote after intake with no hidden charges.
Information here is general and not tax advice. We work alongside your tax advisors.
See also
VAT Registration Services · Tax & VAT Filing / Submission · Corporate Secretarial
Other Jurisdictions (on request)
Where required, we coordinate tax-identification registration through vetted associates in selected jurisdictions.