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General Considerations in Forming a Company in Cyprus

Yes I do agree offshore companies enjoy more tax concessions and they function more professionally due to less interference.But in Cyprus forming an offshore company is hassle free and business atmosphere is better than others.The tax laws are simple and attractive.So more industrial houses are taking interest to establish offshore companies in Cyprus.So it looks like an attractive destination now for business entrepreneurs.
 
For forming an offshore company in Cyprus some minimum statutory formalities needs to be completed. What are those minimum statutory formalities ?who are the authorities in Cyprus one has to approach first.Is there any hard copy or documents needs to be produced?If anybody has any authentic information about this ,Pl. discus here in detail.