Steps to Incorporate a Company in Cyprus
At Michalaki, Pitsillidou & Co LLC, we guide clients through every stage of the company formation process in Cyprus, ensuring full legal compliance and efficiency. Below are the key steps required to incorporate a private limited liability company (Ltd) under Cypriot law:
1. Selection and Approval of Company Name
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An application must be submitted to the Cyprus Registrar of Companies to approve the proposed company name.
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The name must be unique, not misleading, and must include the suffix “Limited” or “Ltd”.
2. Determination of Company Structure
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Define the shareholders, directors, company secretary, and registered office address.
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A private limited company must have:
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At least one shareholder (individual or corporate)
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At least one director (no residency requirement)
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A company secretary (may be the same person as director)
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A registered office in Cyprus
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3. Preparation of Constitutional Documents
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Drafting and filing of the Memorandum and Articles of Association in Greek or English.
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The documents must specify the company’s objectives, share capital, and internal governance rules.
4. Submission of Incorporation Documents
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Submission to the Registrar of Companies of:
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HE1 (Declaration of compliance by a lawyer)
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HE2 (Registered office address)
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HE3 (Details of directors and secretary)
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Memorandum & Articles of Association
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HE57 (for shareholders, if applicable)
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All forms must be signed and certified by a licensed advocate in Cyprus.
5. Issuance of Company Registration Certificate
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Once approved, the Registrar issues:
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Certificate of Incorporation
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Certificate of Directors and Secretary
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Certificate of Shareholders
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Certificate of Registered Office
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Certified Memorandum & Articles
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6. Post-Incorporation Registrations
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Tax Identification Number (TIN) with the Tax Department
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Registration with VAT authorities (if applicable)
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Social Insurance registration for employers and employees
7. Opening of Corporate Bank Account
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Assistance with the preparation of required documentation to open a corporate bank account with a Cyprus-based or international banking institution.
8. Ongoing Compliance
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Filing of annual returns (HE32) and audited financial statements.
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Maintenance of company registers and statutory records.
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Renewal of tax, VAT, and social contributions as required by law.
For more information or a free consultation on setting up your company in Cyprus, please contact Michalaki, Pitsillidou & Co LLC at
📞 +357 99345000 or visit 🌐 www.impklawyers.com
For clear, practical advice tailored to your situation, feel free to reach out to our office directly also, contact us.
The information provided by Michalaki, Pitsillidou & Co LLC is intended solely for general informational purposes and should not be construed as professional or official legal advice. It is recommended that you do not take or refrain from taking any action based on the above information without first seeking legal or other professional guidance.
