Company Formation & Administration

Our experienced corporate & fiduciary teams provide effective administrative support for day-to-day business operations.

From preliminary planning and structuring advice through incorporation and into continuing day-to-day administration, our clients benefit from our expertise and experience in the corporate and fiduciary services sector.

Our global reach gives access to key onshore and offshore financial centres, directly or through our network of carefully selected partners.

Our corporate & fiduciary services include multi-jurisdictional company formations, provision of registered offices and correspondence addresses, provision of statutory officers such as directors and company secretaries, as well as nominee shareholding services. In addition to these we also provide advisory services as well as general administration, accounting, tax and legal support.

We especially pride ourselves on our professionalism and discreet approach when dealing with our clients and their businesses. Our professional integrity and adherence to strict internal corporate governance policies when providing fiduciary services has made ASC a recognised partner of several prime international financial institutions.

Company registration in cyprus

Name Approval

Before a company is incorporated, the name must be approved by the Registrar of Companies. A choice of 3 names in order of preference must be provided, as to check availability. Alternatively, you may choose from our list of preapproved names.

Preparation of Memorandum and Articles of Association

Business Activities of the company: For preparation of the Memorandum and Articles of Association

Appointment of Board Members​

  • Registered Office Address: Each company registered in Cyprus must have its Registered Office Address in Cyprus. Our firm provides this service.
  • Appointment of Company’s Director: At least one director must be appointed, who can either be local or foreign. Our firm provides nominee directors, upon request, as to secure the management and control in Cyprus.
  • Appointment of Company’s Secretary: A secretary is required by law as to maintain the statutory book. Nominee secretary may be appointed by our firm, upon request.

Timeframe

A company registration in Cyprus takes about 5-7 business days.

Once Incorporated

The Registrar of Companies issues the below set of corporate certificates:
  • Certificate of Incorporation
  • Certificate of Registered Office
  • Certificate of Director / Secretary
  • Certificate of Shareholder

Annual Maintenance Costs

  1. Accounting and Audit: a company in Cyprus, irrespective of its annual turnover, must maintain proper accounting records, and be audited on an annual basis by a licensed auditor. The fee for accounting and audit depends on the number of transactions each company has per annum or per quarter.
  2. Annual Levy at the Registrar of Companies EUR350

Why register a CYPRUS Company?

  • Corporation Tax is 12.5% on its net revenues
  • Tax Free dividends paid out to its non-resident shareholders.
  • After its formation a Cyprus company can enjoy the benefit of 0% tax on dividends received from subsidiary companies all over the world.
  • The company in Cyprus on its formation, can be logged with the vat authority within a day.
  • After its registration in Cyprus a company enjoys capital gains tax exemptions on sale of immovable properties or other assets, abroad.
  • No contract stamp duties in many occasions.
  • No tax is paid on any profits made by trading in its own shares or shares of other companies or other securities such a forex, bonds, debentures etc.

WHAT WE DO?

Multi-Jurisdictional Company Registrations

Complete Virtual Office Services

Corporate Governance, Shareholder agreements and Board of Directors' Meetings

Company Registration, Management and Administration Services

VAT and VIES Registrations

TIC Registration

Company Secretarial Services

Certificates of Double Taxation

Cyprus Shelf Companies

International Trust Services

Substance Solutions

Opening of Bank Accounts