Set up a limited company: step by step
How to set up a limited company, appoint directors, secretary and shareholders, and register for tax.
What other options do you have
The incorporation and structure of your investment defines the early stages of your business endeavor and impacts your future success.
How you set up your business depends on what sort of work you do. It can also affect the way you pay tax and subsequently the profitability of your business. Consider if one of the following options is more suitable to you instead:
Name your company
A business name is the name under which your company operates. The company name must not be identical to any other.
Choose directors and a company secretary
Decide who the shareholders or guarantors are
Prepare documents agreeing how to run your company
The objects of the business the Company will carry out, along with the regulations on how it will be managed, must be clearly defined in a document called the Memorandum and Articles of Association. This document must be prepared by a Cypriot Lawyer.
Check what records you’ll need to keep
Register your company
You’ll need to register an official address for your company.
You’ll need to register with the Tax Authorities within two months from the incorporation date.
Registration with the Tax authorities and Social Insurance Services