How to set up a company in Cyprus - One IBC Group

Preparation

• Our advisory team will advise you a sufficient type of Cyprus company which fits your business activity.
• Advisory team will check the company name for a new company.
• The proposed name of the company must be approved by the Registrar before the incorporation / registration process commences and must include the word “Limited” or its abbreviation “Ltd” as the last word of the name. The name reservation can usually be confirmed within 10 working days. The reservation lasts for a period of 6 months and may be renewed. It is noted that no company shall be registered by a name which in the opinion of the Registrar is undesirable or which resembles another registered name.
• You will be informed about Cyprus’s obligation, taxation policy, financial year

Your Cyprus company details

• We need information of your company Director, Shareholder, along with the shares ratio.
• Choose recommended services for your Cyprus company:
  • Bank account: You can achieve bank account in many banks in the world with Cyprus entity. You can choose most of the bank options in the list (except UAE, Hong Kong, Singapore).
  • Nominee services: You should use the Local Nominee Director and Local Nominee Shareholder to achieve tax residence in Cyprus which gains many benefits for you. And using the Nominee services so the information of Nominee will be shown on Company Registration’s website.
  • Serviced office: Choose your favorite jurisdiction for Service address. You can have many Service address all over the world.
  • Intellectual Property & Trademark service: You can register Intellectual Property in all of the jurisdictions with Cyprus entity.
  • Merchant account: this service will be fulfilled after the corporate bank account is activated.
  • Bookkeeping: This service will be used in the future.
• Processing time: You can select 2 time frames depending on the urgency of your request. For normal cases, a company can be formed in about 14 working days, while urgent cases can be processed and completed in 10 working days. The process duration counts after the receipt of full payment and all required documents.

Payment for Your Favorite Cyprus Company

We accept payment with various payment methods, namely:

• Credit/Debit card (Visa/ Master/ Amex).
• Paypal: you can make a payment using your PayPal account.
• Bank Transfer: You can make an international wire transfer to our bank accounts. A list of various banks is available for your most convenience It is possible to transfer through IBAN/SEPA if you are living in the Europe. Otherwise, SWIFT will also work, taking from 3 to 5 days.

Send the company kit to your address

• Your company original documents will be sent to your provided address via mail (DHL/ TNT/ FedEX). Bank account opening, Serviced office, license or Trademark application can be subsequently fulfilled at this time.
• It may take 2 to 5 working days to deliver the company kit after your company is incorporated.
• Upon the issuance of the Certificate of Incorporation, your company is ready to do business worldwide!