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Cyprus International Company Formation
We will assist and advise you to decide on the type of International Business Company (IBC) which satisfies your business requirements. The type of Company you will require will depend on the activities you are planning to carry out. For example a suitable type of Company for you would be a Trading Company, a Holding and Investment company, a Royalty Company, etc. Our experts will explain to you the advantages of Cyprus IBCs.
Time of incorporation
The time of incorporation of a Cyprus IBC will be about 10-12 days from the date we receive the required information from you and after the approval of the company name ( time of approval of company name about 2-3 working days). To save time you can choose from our list of Shelf Companies.
Company certificates and documents
The following company certificates and documents with apostil will be forwarded to you after the incorporation of the Cyprus IBC:
- Certificate of incorporation
- Certificate of directors and secretary
- Certificate of shareholders
- Certificate of registered office address
- Memorandum and articles of association
- Power of Attorney (1 year)
- Blank resignation of nominee directors and secretary
- Declaration of trust and blank transfers of shares
- Share certificates / letterheads / invoices / company stamp
Details of incorporation
You can give us 1 to 3 alternative names of your choice to be approved by the Cyprus Registrar of Companies. The time of approval will take about 5 working days.
Alternatively, to save time you can choose from our list of Shelf Companies.
Every company must have a registered office locally.
The registered office is the place where official documents can be served upon the company.
The business address of the company is not necessary to be the same as the registered office address and it can be anywhere in the world.
Our office address will be used as the registered office address of the company.
The secretary is recognised by the law as an officer of the company appointed by and responsible to the directors. The responsibilities of the secretary include mainly the maintenance of the statutory books and the minute books.
A nominee secretary will be appointed by our office as a company secretary.
Every company must have at least one director. For each director you wish to appoint, we need the following:
- Full name
- Residential address
- Occupation
- Nationality
- Passport copies (data page)
If you wish, a nominee director can be appointed by our office. The nominee local director is suitable in cases you want to maintain anonymity and/or the management and control of the company will be exercised locally, for example in Cyprus .
Share Capital
The company will be incorporated with a standard authorised capital of €10.000 consisting of 10.000 shares of €1 each. The authorised capital of the company is not required to be paid.
The company will be incorporated with a standard issued and fully paid up capital of €1.000 consisting of 1.000 shares of €1 each.
The payment of the incorporation expenses of the company will be considered as a full payment of the issued capital of the company and no other payments will be required for capital.
Shareholders
The beneficial shareholders are the company owners. For each beneficial shareholder we need the following:
- Full name
- Residential address
- Occupation
- Nationality
- Passport copies (data page)
- No. of shares to be issued to each beneficial shareholder
The public records kept at the Registrar of Companies will show the names of the registered shareholders of the company. The beneficial shareholders will be registered as the shareholders of the company.
If you wish, nominee shareholders can be appointed by our office to maintain the anonymity of the beneficial shareholders. The public records will show the names of the nominee shareholders of the company. A declaration of trust and a blank transfer of shares will be given by the nominee shareholders.
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