CORPORATE SERVICES

Cyprus Company Formation Services

Our corporate services department will arrange for the fast registration of a new Cyprus company tailor-made to your particular needs.

Requirements for Incorporation

We will initially require 2 – 3 names of your preference in order to apply to the Registrar of Companies for the name approval which will take 2-3 working days. If time is important, we also maintain a list of pre-approved company names which have been reserved for the registration of new companies.

A brief description of the main objects of the company in order to prepare/draft the Memorandum and Articles of Association.

The amount of the authorized and issued capital of the company, and how it is going to be divided. This is usually EURO 1,000 divided into 1,000 shares of EURO 1 each. It is also possible to denominate the capital in a currency other than EURO.

The names, addresses, occupations, passport details and nationalities of the proposed directors and secretary of the company and the proposed beneficial owners, as well as the proportion in which they will hold the shares of the company.

If nominees will be used, the particulars of the nominees are needed as well.

Our standard Know-Your-Client questionnaire will need to be completed and signed by the proposed beneficial owners.

Time of Incorporation

The time of incorporation after the name approval will be about 8 – 10 working days including the name approval.

Ready-made/shelf company

If you urgently require a Cyprus company then we can provide you with a ready-made/shelf company.

The main advantages of ready-made/shelf companies are that they have no assets or liabilities and they have never conducted any business and are immediately available to be used.

If you will be using our Nominee Services as well, then one of our ready-made/shelf companies will be available almost immediately (subject to receiving all the necessary documents from you).

Certificates

The following certificates will be issued by the Registrar of Companies which we will apostil and deliver to you.

Certificate of incorporation / directors and secretary / shareholders / registered office address / Memorandum and articles of association

Nominee shareholder

When a nominee shareholder is engaged as a service, a confidential legal document (a declaration of trust) is issued by the nominee in favor of the actual owner. Such document would confirm in writing that the shares are only held by the nominee for the benefit and on behalf of the beneficial owner, and that only the beneficial owner is entitled to all benefits and profits from those shares.

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