Cyprus Company Features | Company Formation
| CORPORATE INFORMATION |
| Type of entity |
Limited by Shares |
| Type of law |
Common |
| Our time to establish a new company |
5 days |
| Minimum government fees (excluding taxation) |
Not applicable |
| Corporate Taxation |
0% to 10% |
| Double taxation treaty access |
No/Yes |
| SHARE CAPITAL OR EQUIVALENT |
| Standard currency |
Euro |
| Permitted currencies |
Any |
| Minimum issued |
€1,000 |
| Usual authorised |
€5,000 |
| DIRECTORS |
| Minimum number |
1 |
| Local required |
Yes for resident. No for Non Resident |
| Publicly accessible records |
Yes |
| Location of meetings |
Cyprus for resident. Anywhere for Non Resident |
| SHAREHOLDERS |
| Minimum number |
1 |
| Publicly accessible records |
Yes |
| Location of meetings |
Anywhere |
| COMPANY SECRETARY |
| Required |
Yes |
| Local or qualified |
No, but Cyprus advisable for residency and compliance |
| ACCOUNTS |
| Requirement to prepare |
Yes |
| Audit requirements |
Yes for resident. No for Non Resident |
| Local auditor |
Yes |
| Requirement to file accounts |
Yes |
| Publicly accessible accounts |
No |
| OTHER |
| Requirement to file annual return |
Yes |
| Change in domicile permitted |
No |
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