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Cyprus Company Formation Legal Services
From legal intricacies to strategic setup, count on a transparent and straightforward legal approach to make your company formation in Cyprus a success.
Cyprus Company Formation Legal Services
From legal intricacies to strategic setup, count on a transparent and straightforward legal approach to make your company formation in Cyprus a success.
Cyprus Company Incorporation
Cyprus is renowned not only for its beauty but also as a thriving economic centre in Europe, ideal for industries ranging from fintech to hospitality. Its strategic location acts as a gateway to both European and Middle Eastern markets, providing a unique advantage for business-minded individuals. Our legal experts ensure you can navigate the legal frameworks effortlessly, focusing on strategic growth and operational excellence.
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Embrace Borderless Opportunities with Lexidy
Embrace Borderless Opportunities with Lexidy
Common Legal Structures for Company Formation in Cyprus
1. Private Limited Liability Company
This is the most common type of company in Cyprus, ideal for small to medium-sized businesses. It features share capital, with liability limited to the unpaid amount on shares held. A minimum of one shareholder is required, with a maximum of fifty, excluding former or current employees who are shareholders.
2. Public Limited Liability Company
Suitable for larger businesses aiming for public investment, this type allows the company to raise capital by offering shares to the public and potentially listing on the stock exchange. It requires at least seven members and a minimum issued capital of €25,629.
3. Limited Liability Company by Guarantee with a Share Capital
This structure is used primarily by non-profit organizations. It combines liability limitation by shares and guarantees, making it flexible for private or public company setups. Members’ liabilities are limited by the amount they agree to contribute upon dissolution.
4. Limited Liability Company by Guarantee without Share Capital
Similar to its counterpart with share capital but without the share element, this company type suits entities focusing on non-profit activities. Member liability is defined by their guarantee contribution agreed in the memorandum of association.
5. Variable Capital Investment Company
A VCIC is designed for investment purposes, with share capital that can vary according to investment needs. It operates under specific regulations from the Cyprus Securities and Exchange Commission and is suitable for managing collective investment funds.
How Can a Lawyer Help With Company Formation in Cyrpus?
Embarking on a business venture is thrilling, yet administrative hurdles can often dampen the excitement. Lexidy’s skilled corporate lawyers streamline your path to registering your company in Cyprus, ensuring an efficient and compliant setup from the outset. Here’s what our legal team offers:
Ensure Compliance
From the initial business name registration to full compliance with Cyprus’s regulations, Lexidy ensures your setup adheres to all legal requirements from the very start.
Expert Legal Structure Advice
Receive customized recommendations on the optimal company structure to protect your interests and maximize your business's potential in Cyprus.
Smooth Formation Process
Our legal experts manage all the details, preparing necessary documents and handling registrations to guarantee a hassle-free launch of your business.
Ongoing Legal Support
Beyond company formation, Lexidy continues to provide essential legal support as your business expands and adapts to new challenges and opportunities.
Are you ready to start your business in Cyprus? Trust Lexidy’s experienced corporate lawyers to guide you to success.
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How it Works
1
Assess Your Eligibility
Start by determining your eligibility with a focused consultation. Your dedicated Legal Advisor will understand your situation and explore possible legal paths.
2
Service Presentation and Proposal
Receive a detailed presentation of our services tailored to your needs, complete with a fixed-price proposal to ensure no surprises.
3
Begin Your Journey
Your dedicated lawyer will guide you through every step, handling all legalities as you confidently move forward.
How it Works
1
Assess Your Eligibility
Start by determining your eligibility with a focused consultation. Your dedicated Legal Advisor will understand your situation and explore possible legal paths.
2
Service Presentation and Proposal
Receive a detailed presentation of our services tailored to your needs, complete with a fixed-price proposal to ensure no surprises.
3
Begin Your Journey
How it Works
1
Assess Your Eligibility
Start by determining your eligibility with a focused consultation. Your dedicated Legal Advisor will understand your situation and explore possible legal paths.
2
Service Presentation and Proposal
Receive a detailed presentation of our services tailored to your needs, complete with a fixed-price proposal to ensure no surprises.
3
Begin Your Journey
Your dedicated lawyer will guide you through every step, handling all legalities as you confidently move forward.
How it Works
1
Assess Your Eligibility
Start by determining your eligibility with a focused consultation. Your dedicated Legal Advisor will understand your situation and explore possible legal paths.
2
Service Presentation and Proposal
Receive a detailed presentation of our services tailored to your needs, complete with a fixed-price proposal to ensure no surprises.
3
Begin Your Journey
Start Your Business Journey in Cyprus Today
Transform your business vision into reality with trusted legal care at every step.
Clients Frequently Choose
Tax Consultation
Dodge tax surprises with our thorough tax consultation services. Receive expert advice and strategic planning to ensure a seamless tax season and financial peace of mind.
Discover our Long-Term Program
Join Lexidy’s Long-Term Program now and enter a world of enhanced, efficient, and personalized legal services. Unlock a range of premium benefits:
- 10% discount on your next service.
- Invites to our office events and networking.
- Personalized reminders and service upkeep, fewer worries.
- Free Consultation.
- Fast-tracking and client priority (Responses to queries within 24 hours from our multilingual, expert legal team).
Global Reach, Local Expertise
Global Reach, Local Expertise
From startup to scaleup, our local offices are here to offer expert legal support tailored to your needs. Find us in key locations across Europe and beyond.
Barcelona
- Avinguda Diagonal, 442, 3º 1ª, Barcelona, 08037
- +34 938 07 40 56
Madrid
- Calle Villalar 7, Bajo Izquierda, Madrid, 28001
- +34 915 367 806
Málaga
- Paseo de Reding, número 43, 1º Planta, Puerta Izquierda, 29016
- +34 951 12 53 70
Lisbon
- Rua Joaquim António de Aguiar n.º 43, RC Esq, Lisbon, 1070-150
- +351 21 027 0734
Porto
- R. do Mal. Saldanha 109 office 5, 4150-025 Porto, Portugal
- +351 21 027 0733
Athens
- Patriarchou Ioakeim 25 Street, Kolonaki, Athens, 10675
- +30 21 0300 5239
Paris
- 21bis Boulevard de Port Royal, 75013 Paris
- +33 1 76 40 35 43
Milan
- Via California 23, 5th Floor, 20144 Milan MI, Italy
- +39 02 8295 6347
Mexico
- Blvd. Manuel Ávila Camacho 137, Piso 3 Comunal, Polanco III Secc, Miguel Hidalgo, 11550 Ciudad de México, CDMX
- +52 55 8957 7841
Frequently Asked Questions
1. What is the minimum capital required to start a company in Cyprus?
The minimum capital requirement varies by company type. For example, a Private Limited Company requires no minimum capital, whereas a Public Limited Company must have a minimum issued capital of €25,629.
2. How long does it take to register a company in Cyprus?
The company registration process in Cyprus typically takes 10 to 15 business days after all necessary documents are submitted, depending on the completeness of the documentation and the efficiency of the governmental processing.
3. Do I need to be a resident of Cyprus to form a company there?
No, you do not need to be a resident of Cyprus to form a company. However, having a local registered office and a local company secretary is mandatory.
4. Can foreign nationals be directors or shareholders in a Cypriot company?
Yes, foreign nationals can be directors or shareholders in a Cypriot company. There are no nationality restrictions for shareholders or directors, making Cyprus an attractive location for international business operations.
5. What are the tax obligations for a newly registered company in Cyprus?
Newly registered companies in Cyprus are subject to corporate income tax at a rate of 12.5%, of the lowest in the EU. Companies must also register for VAT if their taxable turnover exceeds the threshold. Other tax obligations may include payroll taxes and social insurance contributions for employees. It’s advisable to consult with a tax expert to ensure full compliance with Cyprus tax regulations.