About Cyprus Offshore Companies.

Cyprus Offshore Company Formation Services

Rapid Companies specialise in Cyprus Company Formations ranging from simple company registrations to more complicated structures including Offshore Trusts. We also provide a compliment of administrative services for Cyprus Companies including Offshore Bank Accounts, Nominee Director, Nominee Shareholder and Mail Forwarding. Please enquire for further details. We are also able to offer a 'transfer in' service whereby we can take over the management of your existing Cyprus Offshore Company, often for no cost at all.

Please telephone Rapid Companies on 01274 291 088 for more information about our Cyprus Company Formation service.

Cyprus Offshore Companies - Corporate Information.

Corporate Information

Type of entity
Type of Law Common
Shelf Company Availability Yes
Time to establish a New Company 5 days
Minimum government fees (excluding taxation) N/A
Corporate Taxation 10%
Double Taxation Treaty Access Yes

Share Capital or Equivalent

Standard Currency Euro
Permitted Currencies Any
Minimum Issued €1,000
Usual Authorised €5,000

Directors or Managers

Minimum Required 1
Local Directors Required No, but advisable for purposes of tax residency.
Publicly Accessible Records Yes
Location of Meetings Anywhere, but Cyprus advisable for purpose of tax residency.

Shareholders

Minimum Required 1
Publicly Accessible Records Yes
Location of Meetings Anywhere

Company Secretary

Required Yes
Local or Qualified No, but Cyprus advisable for residency and compliance.

Accounts

Requirement to Prepare Accounts Yes
Requirement to File Accounts Yes
Audit Requirements Yes
Local Auditor Yes
Publicly Accessible Accounts No

Miscellaneous

Requirement to File Annual Return Yes
Change in Domicile Permitted No
Offshore Company Formation and Offshore Banking Arrangement.
       
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Rapid Companies - Forming a Company Offshore.

Cyprus Offshore Company Formation

Cyprus, officially the Republic of Cyprus is an island country in the Eastern Mediterranean Sea. Cyprus is the third largest and third most populous island in the Mediterranean, and a member state of the European Union. It is located east of Greece, south of Turkey, west of Syria and Lebanon, northwest of Israel and north of Egypt. Cyprus has a population of approximately 1,200,000 people and its capital is Nicosia.

A Cyprus company provides a high level of respectability and can also provide a convenient trading entity for accessing the European market. If structured correctly a Cyprus company can also provide confidentiality and a Cyprus company may register for Value Added Tax (sales tax) which can also provide benefits to inter-EU trade.

An offshore company incorporated in Cyprus offers the following facilities:

  • Registered Office.
  • Registered Agent.
  • Government Incorporation Fees.
  • Certificate of Incorporation.
  • Memorandum & Articles of Association.
  • Appointment of Shareholder(s) and Director(s).
  • Shareholder Certificates.
  • Register of Shareholders and Directors.
  • Company Seal.
  • Company Register.

Features of a Cyprus Company Formation

  • A minimum of one Shareholder is required who can be resident anywhere in the world.
  • A Cyprus company is liable for corporation tax in Cyprus at a rate of 10% on its net profits.
  • Public register of Shareholders and Directors however nominee directors and / or shareholders can be appointed to provide confidentiality.
  • The shareholders of the company are not liable for the company‚Äôs debts or obligations.
  • Requirement to file annual accounts and an accountant introduction can be provided following company incorporation.
  • Company incorporation can be completed within approximately 14 days and shelf companies available for immediate transfer.
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