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.
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.