Cyprus Company Formation
Cyprus Company Formation / Incorporation
Oxford Team will assist you with your Cyprus Company Incorporation / Formation to enable you to enjoy Cyprus Tax benefits straight away. We also maintain a large Shelf Company list with ready-made companies from all major jurisdictions.
Cyprus during the past decades has succeeded to become a reputable and most favourable International Financial Centre since Cyprus is widely chosen by businessmen and entrepreneurs all over the world in order to maximise their corporate profits through an effective utilisation of Cyprus Tax system.
The following are required for the Cyprus Company Formation / Incorporation:
Share Capital / Shareholder
The Cyprus Companies Law provides for a minimum of one share and at least one registered shareholder for private limited liability companies. It is customary to have an authorised share capital of €1,000 and an issued share capital of €1,000. Nominee shareholders are allowed and widely used. A foreign corporate or individual shareholder is permitted.
At least one director is necessary. The directors may be local Cypriot individuals or foreigners. It is generally advisable to appoint local directors if one wishes to have effective management and control in Cyprus. A corporate entity may act as director. Our company can provide Nominee directors.
An individual or a secretarial company must be appointed.
The registered office of the company must be in Cyprus. The registered office address is the official address of the company where the statutory books, registers, and the seal of the company should be kept. Oxford can provide both the registered office and company secretary.
Cyprus Companies need to be audited by a Cypriot firm of auditors every year in accordance with the International Accounting and Auditing Standards. Oxford can arrange for the appointment of a local auditor.