Company Formation

• To start the registration process of a company the following is required:
- Select your company name.
- Complete and submit application to the Registrar of Companies
- Once the name is approved usually within 7 working days, we prepare the Memorandum and Articles of Association of your company.
- Submission to the Registrar of Companies together with the information regarding the officers and shareholders of the company.

• Our Firm offers services not only covering the formation of your company but additional services such as:
- Nominee Directors.
- Nominee Shareholders.
- Virtual offices.
- Notarized company certificates.

• Shareholders of the company:
Cyprus Law requires a minimum of one shareholder, either a natural person, or a corporate body. Foreigners who do not wish to appear as registered shareholders may appoint nominees to act for them as registered shareholders, whilst the actual ownership shall always rest with the non-resident beneficial owners of the shares.

• Directors of the company
Cyprus Law requires that the minimum number of directors is one. It can be either an individual or a legal entity. Again foreigners who do not wish to appear as Directors can appoint nominee directors in order to execute the board meetings and resolutions in Cyprus. Therefore, management and control is made in Cyprus for tax purposes.

• Registered Office
A registered physical office address is required for incorporated organizations to receive official correspondence and formal notices from government departments, investors, banks, shareholders and the general public. Our law firm is usually declared as the registered address of the company, where fax, telephone and other facilities are provided.