Company Requirements

Cyprus Company > Company Requirements

CYPRUS COMPANY REQUIREMENTS & GOVERMENTAL LAW

A General Overview, Business Guide – Fact Sheet

Cyprus Companies are governed by the Cyprus Company Law Chapter 113, which is based on English Law.

GENERAL
Legal SystemCommon Law
Exchange ControlsNo
Re-domiciliation PermittedYes
Shelf Companies AvailableYes
Timescale for new entities5 working days
European SAYes
COMPANY REQUIREMENT
Minimum Share Capital€1
Minimum Number of Shareholders 1 (natural person or corporate body)
Minimum Number of Directors1 (natural person or corporate body)
Registered Office RequiredYes
Bearer Shares AvailableNo
Company Secretary RequiredYes
PUBLIC FILINGSYes
DirectorsYes
SecretaryYes
ShareholdersYes
Beneficial OwnersNo
Issued Share CapitalYes
Memorandum and Articles of AssociationYes
ANNUAL FILING REQUIREMENTS
Annual ReturnYes
Audited Financial StatementsYes
Annual Filing to Tax AuthoritiesYes
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