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Cyprus property market - formation of companies

Cyprus property market – formation of companies

 

Our professional experts are willing to undertake the registration and formation of your company in Cyprus. A formation of companies in Cyprus as a legal entity should be registered under the provisions of the Cyprus Companies Law, CAP 113.

The following particulars are necessary for the formation of company:

  1. 1. Naming the company:

The very first step you need to take to register your company is of course to choose a name for it that is not similar to any other existing name of a company. The naming will be later confirmed by the Registration Chamber.

  1. 2. Registration of company:

After the approval of your company’s name, the registration process begins and it is estimated to take 4-8 working days.

  1. 3. Shareholders:

Your company should have at least one registered shareholder who needs to give the following information:

– Full name and nationality

– Address

– Profession

– Copy of passport

– CV (Curriculum Vitae)

  1. 4. Directors and Secretary:

It is recommended that your company must have at least one director and also a secretary who will follow the director’s instructions. They too, should provide the information mentioned above.

  1. 5. Registered office:

Every company should have a registered office.

It is important to add that all companies pay the corporate tax of 10% and Cyprus is one of the countries that have the lowest corporate tax in Europe which attracts more and more investors to form a company in Cyprus. Also, any European or non-European citizens can easily start their business in Cyprus.

Where to find us:

For any further information and questions please do not hesitate to contact us, we would be more than happy to assist you.

Contact us via:

– Telephone: 00357 24 65 24 50, 00357 24 81 51 41

– Mobile: 00357 99 66 57 88

– Fax: 00357 24 65 81 21

– E-mail: marinosestates@spidernet.com.cy

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