Company formation in Cyprus in 8 to 12 working days
Legarithm registers a Cyprus private limited company (Ltd) remotely and then keeps its books.
Package
€1,699
before VAT
- Name approval and all state fees
- Registered office and secretary for a year
- Tax number (TIC)
Most popular
€2,749
before VAT
- Memorandum and articles in English
- Four key certificates with apostille
- Help with opening a Wise account
€4,999
before VAT
- Expedited registration and certificates
- 10 hours of consultations a year
- One-hour consultation after registration
Registration takes 8 to 12 working days from the day we have your documents.
Compare the packages
What clients write about Legarithm
4.8 on Google from 26 reviews.
…they handled my Cyprus company setup while I was still in London. Smooth remote process and great communication.
We set up a company in Cyprus. Nobody pushed extra services, everything was to the point. They explain things clearly, give a real timeline and help with the tax details.
Everything is well coordinated and clear. Half an hour of the first meeting was more useful than two weeks of trying to work it out myself.
Why Cyprus: 15% tax and an IP Box inside the EU
15% Corporate tax
A flat rate on net profit, in force from 1 January 2026.
about 3% IP Box, for software and patent businesses
The effective rate on qualifying profit from IP that the company developed itself.
0% Withholding tax in most cases, for holding companies
Most dividends and interest paid to non-resident shareholders leave Cyprus without withholding tax. Dividends the company receives usually fall under the participation exemption.
19% VAT, for online sellers and traders
The standard rate. With VAT and VIES registration the company can invoice customers in all 27 member states.
65+ Double tax treaties
Countries with a treaty that keeps the same profit from being taxed twice.
0% SDC Non-dom status, for founders who relocate
For founders who become tax resident in Cyprus: no Special Defence Contribution on dividends and interest for up to 17 years.
Why people register companies in Cyprus, and who a Cyprus company suits
The gain on selling shares in a subsidiary is free of tax, unless that subsidiary owns real estate in Cyprus. Since 2026 a company's interest and rent are taxed once, at the corporate rate. Dividends in and out, substance and the yearly costs are in how a Cyprus holding company is taxed.
A company deducts 80% of the qualifying profit from patents and software it developed and pays tax on the other 20%. Until 2030 it deducts 120% of research and development costs.
Services sold to businesses in other member states need a VAT number from the first invoice. Sales to consumers there go into one quarterly return once they pass €10,000 a year.
You are tax resident with 60 days a year in Cyprus, a home there, a directorship in your company and at most 183 days in any other country. With non-dom status in Cyprus your dividends carry the 2.65% health contribution alone, capped at €4,770 a year.
What a Cyprus company costs, line by line
Three packages from €1,699 to €4,999 before VAT. Each includes the state registration fees, a registered office and a company secretary for the first year.
Starter
Registration, state fees, office and secretary for a year
- Name approval
- All state registration fees
- Standard memorandum and articles, in Greek
- Compliance check for one person in the structure
- Registered office for one year
- Company secretary for one year
- One-hour consultation before registration
- Tax number (TIC)
Standard
Most popularStarter plus articles in English and apostilled certificates
- Everything in Starter
- Memorandum and articles in English
- Four key certificates with apostille
- Apostilled copy of the articles in two languages
- Help with opening a Wise account
- One-hour consultation after registration
Premium
Standard plus expedited filing and 10 hours of consultations a year
- Everything in Standard
- Expedited registration and certificates
- 10 hours of consultations a year
After the company is open
from €290 a monthBooks, VAT returns and tax filings.
- Registered office and company secretary Included for the first year, then renewed every year.
- Payroll Payslips, social insurance and the monthly returns for your staff.
When you need it
- VAT registration
- €350
- Registrar certificate, each
- €200
- Bank account application
- from €1,500
- Nominee director
- in your quote
The Registrar's fees in the package price
| Registrar's fee | Standard | Accelerated |
|---|---|---|
| Approval of one name | €10 | €30 |
| Incorporation | €165 | €265 |
| Articles filed in English too | €160 | €160 |
How a Cyprus company is registered: what happens and when
Counted in working days from the day your documents reach us.
Name approval
day 1We check that your company name is free and submit it to the Registrar of Companies.
Documents and forms
We draft the memorandum and articles and the incorporation forms. You sign digitally, and we file. The company needs at least one director. Owners and directors can be of any nationality and need not live in Cyprus. We provide the local company secretary.
Certificate of incorporation
8 to 12 working daysThe Registrar issues the certificate 8 to 12 working days after we have your documents, and the company exists. You receive the certificate, the memorandum and articles and, shortly after, the tax number (TIC).
Account applications
after registrationWe send your bank and payment account applications as soon as the company exists.
Setting up a company in Cyprus: what the law asks
1 to 50 shareholders
One person or company from any country may hold all the shares. The Companies Law names no minimum share capital. The sole director can also be the secretary in one case: a company with one shareholder.
3 forms for the Registrar
HE1, a lawyer's sworn declaration, HE2 for the registered office in Cyprus and HE3 for the first directors and secretary. They are filed with the memorandum and articles in Greek.
2 registers of owners
The public one shows the shareholders, the directors and the secretary, or the nominees where you appoint them. The register of beneficial owners, open to the authorities and to banks, lists each beneficial owner (UBO): a person with more than 25% of the company.
1 year of registered office in every package
A bank looks further, at the company's substance: its office, staff or directors in Cyprus. We set them out in the bank application: bank account for a Cyprus company.
Documents for a Cyprus company
Tick what you already have.
Each owner and director
Send me this checklist
One page by email: what each owner sends, what we prepare, in which order.
A company as shareholder
Bank account for a Cyprus company
We prepare the bank application while the company is being registered and answer the bank’s questions with you until the account is open.
Partners
Local banks
Bank of Cyprus, Eurobank Limited and Alpha Bank Cyprus. An account opens in 4 to 12 weeks.
Payment accounts
Wise or Revolut open an account in 1 to 5 working days, for payments, invoicing and currency exchange. Founders use one from the first week, while the bank account is being opened.
What goes into the application
Who owns the company, what the business does, where it is managed and its office, staff or directors in Cyprus. We collect it and check it before the bank sees it.
After Cyprus company registration: what the company files in year 1 and every year
| Filing | When | Our service |
|---|---|---|
| Tax Registry, for the tax number | Within 60 days of incorporation | In every formation package |
| Beneficial owners in the Registrar's register | Within 90 days, then confirmed each year from 1 October to 31 December | Company secretary |
| Employer registration with the Social Insurance Services | Before the first hire | Payroll in Cyprus |
| VAT registration, then a return each quarter | From €15,600 of turnover in 12 months | VAT registration in Cyprus |
| Provisional corporate tax, then the yearly return | 31 July and 31 December; the return for 2026 by 31 January 2028 | Tax in Cyprus |
| Annual return (HE32) with the financial statements, €20 | 18 months after incorporation, then every year | Accounting in Cyprus |
A platform where you open
and run a Cyprus company online
Your whole company is in your pocket. Sign documents, check the books and write to your accountant from your phone.
Your Company Ltd
- Registration expected 8–12 days
- Next deadline prepared
- Last month closed on time
- Passport copy Uploaded
- Proof of address Checked
- Memorandum and articles Sign
- Source of funds declaration Upload
You upload scans and sign the forms in the account. We keep the certificates and registers here afterwards, ready for a bank or an auditor.
Who does the work
A lawyer drafts your documents, the compliance officer checks them before they are filed, and an accountant keeps your books.
Legal
Christina Agapiou Corporate Lawyer
Vasiliki Chatzigeorgiou Compliance Officer
Iryna Hrabovetska Associate
Anastasiia Kolomiiets Associate
Ivanna Plieshivtseva Junior Associate
Vladyslav Khamenushko Paralegal
Alisia Navrotska Paralegal
Vladyslav Syliava Paralegal
Finance and accounting
Ioannis Akritidis Accountant
Elizaveta Pytkina Accountant
Nataliia Dobrynina Accountant
Anna Kyrylova Finance specialist
Questions about a company in Cyprus
Do I have to visit Cyprus to form a company?
No. You sign digitally, and we courier the originals the Registrar asks for.
Is Cyprus on any blacklist?
No. As of October 2026 Cyprus is not on the FATF lists or the EU list of high-risk jurisdictions. It has been an EU member since 2004.
Can I relocate to Cyprus as a business owner?
Yes. Owners, key staff and their families apply for residence and work permits through the company, and a company registered with the Business Facilitation Unit gets a simpler procedure for its non-EU staff. Non-EU investors can apply for permanent residence by investment from €300,000.
How much does it cost to set up a company in Cyprus?
From €1,699 with us: the Registrar's fees of €175, the registered office and the company secretary for the first year are inside. A first year with accounting from €290 a month starts at €5,179. Prices are before VAT. Every fee by item is in our guide to Cyprus company formation cost in 2026.
Is income tax 0% in Cyprus?
No. A company pays 15% on its profit. A person pays 0% on the first €22,000 a year and up to 35% above €72,000, and dividends carry no income tax. How a salary is taxed month by month is in our guide to payroll in Cyprus.
Does every Cyprus company need an audit?
Every company has its yearly accounts checked by an auditor licensed in Cyprus, a dormant one included. A company under €300,000 of turnover and €500,000 of assets two years in a row takes a review in place of the audit. The review applies to financial years that begin on or after 6 February 2026. We keep the books and prepare the file for the auditor.
Is a Cyprus company tax resident in Cyprus if I live abroad?
Yes. From 1 January 2026 incorporation in Cyprus makes a company tax resident there, unless a tax treaty assigns it to another country, and Cyprus taxes its income from every country.
Is a Cyprus company an offshore company?
No: what people still call a Cyprus offshore company is an ordinary company of an EU member state, owned from abroad and taxed in Cyprus. It pays 15% on its profit from 1 January 2026 and has its accounts audited or reviewed every year. What it pays on dividends and on gains from shares is in the guide to a holding company in Cyprus.
Can Legarithm provide a director in Cyprus?
Yes. Legarithm is licensed in Cyprus and provides a director who lives there and, where you want one, a nominee shareholder. You remain the beneficial owner in the Cyprus register.
Can I buy a ready-made company in Cyprus?
Yes. We sell companies that are on the register already, and the shares pass to you by transfer: shelf company in Cyprus.
Get a quote for your Cyprus company
Book a 30-minute call about your company
Your consultant Vladyslav Babaiev Opens in a new tab Business Setup Specialist
- We email you the Google Meet link.
- 30 minutes, free, no obligation to order.
- After the call we email you the checklist of documents for your country.
We reply by the end of the next working day with the cost and the dates for your case. The first call is free and confidential.
Guides to a company in Cyprus
Your first months with Legarithm, in 74 seconds
You open a Cyprus company from your phone: the documents, the registration, the bank account, the monthly books.
Updated 12 October 2026. Reviewed by Vladyslav Drapii, Founder.
