Cyprus Company formation
The requirements for registering Cyprus Companies and other legal entities, the detailed procedures to be followed for this purpose, reporting requirements, day-to-day management, and administration issues and other relevant information.
For most sectors, there are no restrictions applicable to direct investments in Cyprus or investments via Cyprus by natural or legal persons from EU Member States or third countries. Also, there are no longer any special or offshore regimes in Cyprus.
This means that Cyprus Entities, whether beneficially owned by foreign nationals or local persons, can engage immediately into either local or international activities without restrictions or differentiation or the need for any special permission.
The formation and registration procedures
The formation and registration procedures, including various administrative needs such as printing of the company’s letterheads; opening of statutory books and the opening of the required bank accounts, up to the time the certificate of incorporation is issued, can normally be completed within a period of two weeks.