Cyprus Offshore Company Formation Service

The Cyprus economy continues to grow from strength to strength following the effects of the global financial crisis. All indicators point to a positive economic future for this jurisdiction.
Financial services, tourism, and business services are key building blocks of this new economy. This is also the home of one of the preferred banking solutions offered by Vaultality. The European Commission forecast of the Cyprus economy through 2021 shows healthy growth, negligible inflation, a budget surplus (as % of GDP) and falling debt levels.
Key Features
Company type | Private Company limited by share. |
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Corporate legislation | The Cyprus Bar Association is the governing authority and companies are regulated under the Cyprus Companies Law, Cap. 113. |
Information published relating to company officers | Upon registering your company in Cyprus, company officers name will appear in the business registry, however, nominee services are available. |
Confidentiality | Cyprus offers a high level of anonymity and privacy. |
Accounting requirement | Yes |
Taxation | Among the lowest in Europe Click here to know more |
Legislation | Modern offshore legislation |
Standard Currency | Euro |
Time to form | Cyprus has an efficient Registry : 7 days formation time. |
Stability | Stable jurisdiction with very good reputation. |
Communication | Efficient communication means. |
Time zone | Convenient world time zone: GMT+2 |
Secretary required | Yes |
Paid up capital requirement | No paid up capital requirement. |
Renewal Date | Anniversary date of the company / Each Year |
Basis of legal system | Under Common Law. |
Minimum directors/shareholders | A minimum of 1 director/shareholder suffice for incorporation. |
Bearer shares | Bearer shares are not permitted. |
Banking Options for Cyprus
We assist our clients in identifying the best banking solution for their particular needs from a variety of providers.
Cyprus is Recommended For
- Real Estate Holdings
- Traders and Investors
- Advisers, Consultants and Counselors
- Electronic Commerce and Digital Transactions
- Business Holdings
- Inheritance and Estate Planning
- Expatriats and Offshore Workers