Incorporation + Compliance

Company Incorporation in Cyprus

Effortlessly incorporate and manage your company in Cyprus with Vepapu—offering all-in-one services from registration to compliance, banking, and visa support.

Company Incorporation in Cyprus
Cayman Islands Company Formation
Why Cyprus

Cyprus as Your Business Destination

Unlock Growth Opportunities in an Emerging Market

Low Tax

Low Tax

Tax exemption for the profits from overseas sources.

Privacy

Privacy

No public record of company members' identities.

Recognized

Recognized

There are double tax treaties with over 65 countries.

No residency requirements

No Residency

Foreigners can easily set up a company with no restrictions.

All-in-one Package

Company Incorporation Package

Everything You Need for Seamless Company Formation

COMPANY REGISTRATION

Online Company Incorporation

Experience seamless company formation from anywhere with Vepapu. Our digital incorporation services ensure you can register your company online without the need to travel or submit paperwork in person.

We guide you through each step of the process, ensuring compliance with local regulations and providing support for any incorporation-related queries.

Online Company Incorporation
Registered Agent and Address
LOCAL ESSENTIALS

Registered Agent and Address

Meet the local requirements online with Vepapu. Having a local registered agent and office address is mandatory for your company's registration and we will help you meet this requirement. We will receive, scan, and email you if any mail is received from the authorities at your address.

You can also build a physical presence in the country by opting for our nominee director services, who will act as your company's director while you retain total control over your company.

ACCESS BANKING

Bank Account Opening

You can capitalise on our strong banking relationships with traditional banks as well as digital-first banking providers.

You would need to physically visit the bank's location if you opt for a traditional brick-and-mortar bank, while modern digital banking providers welcome you with an online onboarding process.

Bank Account Opening
Entity Structure

Available Company Type

Private Limited Company (LTD)

A versatile corporate structure allowing for various activities, often used for international business with minimal reporting requirements.

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Docs & Info

Documents Required

Mandatory documents and information required for your company formation

Individuals

If you are an individual:

Proof of Identity:

Included

A certified true copy (scanned version) of the passport (valid for at least 6 months)

Included

A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.

Proof of Address:

Included

One of the scanned copies of a bank reference, bank statement, Utility bill, or Driver license.

It should clearly show the holder's full name along with a physical address written in English (P.O. Box addresses are not accepted).

It must be the most recent version and dated within the last 3 months.

Organization

If you are an organisation:

Company Documents:

Please provide us with certified true copy (scanned version) of the following company documents:

Included

Certificate of Incorporation

Included

Memorandum and Articles of Association / Constitution

Included

Register of Director

Included

Register of Shareholder / UBO

Included

Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).

Company Members:

All members of the corporation, including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons, must provide identity and address proofs as mentioned above.

No hidden Charges

Transparent Pricing

Clear prices that you will know before you commit anything

Compare Packs

Inclusive of government fees
Renew from year 2 @ $1,999 annually

Pack Description

Company, Compliance

Company, Compliance, Banking

Build what you need

COMPANY REGISTRATION
Click here for more information
Company Registration Timeline

14-16 days

12-14 days

12-14 days

Click here for more information
Pvt. Ltd. Company Registration
Included
Included
Included
Click here for more information
Unlimited Name Availability Check
Included
Included
Included
Click here for more information
Company Name Reservation
Included
Included
Included
Click here for more information
Government Fee for Incorporation
Included
Included
Included
Click here for more information
Registered Agent
Included
Included
Included
Click here for more information
Registered Address
Included
Included
Included
Click here for more information
Preparation of Company Memorandum
Included
Included
Included
Click here for more information
Preparation of Article of Association
Included
Included
Included
Click here for more information
Certificate of Incorporation
Included
Included
Included
Click here for more information
Certificate of Registered Office Address
Included
Included
Included
Click here for more information
Certificates of Secretary
Included
Included
Included
Click here for more information
Certificates of Directors
Included
Included
Included
TOTAL COMPLIANCE
Click here for more information
Automated Compliance Reminders
Included
Included
Included
Click here for more information
Company's Annual Renewal
Included
Included
Included
Click here for more information
Cyprus State Fee for Renewal
Included
Included
Included
Click here for more information
Corporate Nominee Secretary
Included
Included
Included
Click here for more information
Filing Annual Financial Statements
Included
Included
Included
Click here for more information
Preparation of Financial Statements
Not included in the package
Not included in the package

Contact Us

Click here for more information
Bookkeeping by Experts
Not included in the package
Not included in the package

Contact Us

BANK ACCOUNT
Click here for more information
Bank Account Opening Assistance
Not included in the package
Included
Included
Click here for more information
Support up to 3 traditional bank
Not included in the package
Included
Included
Click here for more information
Support up to 2 digital-first banks
Not included in the package
Included
Included
Click here for more information
Remote Opening Process
Not included in the package
Included
Included
MISCELLANEOUS
Click here for more information
Apostille on Document
Included
Included
Included
Click here for more information
Company Chop and Seal
Included
Included
Included
Click here for more information
Nominee Director
Not included in the package
Not included in the package

$1,499/yr

Click here for more information
Nominee Shareholder
Not included in the package
Not included in the package

$1,499/yr

Click here for more information
Change in Authorized Share Capital
Not included in the package
Not included in the package
Included
Click here for more information
Certified by a CPA
Not included in the package
Not included in the package

$299

Click here for more information
Certificate of Good Standing
Not included in the package
Not included in the package

$449

Click here for more information
Certificate of Incumbency
Not included in the package
Not included in the package

$349

Click here for more information
Certified by Registered Agent
Not included in the package
Not included in the package

$249

Click here for more information
Certified by Notary Public
Not included in the package
Not included in the package

$349

Click here for more information
Dedicated Account Manager
Not included in the package
Not included in the package
Included
Click here for more information
Acting as Your Legal Admin
Included
Included
Included

Compare Packs

Company & Compliance

US$ 2,499

$2,999

Discount Offer

Use promo "CYPINC1" to get $500 OFF

Renew at $1,999 per year

Includes all govt. fees

Proceed to Pay ┃Secured by Stripe
COMPANY REGISTRATION
Click here for more information
Company Registration Timeline

14-16 days

Click here for more information
Pvt. Ltd. Company Registration
Included
Click here for more information
Unlimited Name Availability Check
Included
Click here for more information
Company Name Reservation
Included
Click here for more information
Government Fee for Incorporation
Included
Click here for more information
Registered Agent
Included
Click here for more information
Registered Address
Included
Click here for more information
Preparation of Company Memorandum
Included
Click here for more information
Preparation of Article of Association
Included
Click here for more information
Certificate of Incorporation
Included
Click here for more information
Certificate of Registered Office Address
Included
Click here for more information
Certificates of Secretary
Included
Click here for more information
Certificates of Directors
Included
TOTAL COMPLIANCE
Click here for more information
Automated Compliance Reminders
Included
Click here for more information
Company's Annual Renewal
Included
Click here for more information
Cyprus State Fee for Renewal
Included
Click here for more information
Corporate Nominee Secretary
Included
Click here for more information
Filing Annual Financial Statements
Included
Click here for more information
Preparation of Financial Statements
Not included in the package
Click here for more information
Bookkeeping by Experts
Not included in the package
BANK ACCOUNT
Click here for more information
Account Opening Assistance
Not included in the package
Click here for more information
Support up to 3 traditional banks
Not included in the package
Click here for more information
Support up to 2 digital-first banks
Not included in the package
Click here for more information
Remote Opening Process
Not included in the package
MISCELLANEOUS
Click here for more information
Apostille on Document
Included
Click here for more information
Company Chop and Seal
Included
Click here for more information
Nominee Director
Not included in the package
Click here for more information
Nominee Shareholder
Not included in the package
Click here for more information
Change in Authorized Share Capital
Not included in the package
Click here for more information
Certified by a CPA
Not included in the package
Click here for more information
Certificate of Good Standing
Not included in the package
Click here for more information
Certificate of Incumbency
Not included in the package
Click here for more information
Certified by Registered Agent
Not included in the package
Click here for more information
Certified by Notary Public
Not included in the package
Click here for more information
Acting as Your Legal Admin
Included
Click here for more information
Dedicated Account Manager
Not included in the package
Proceed to Pay ┃
Secured by Stripe
Company, Compliance, Banking

US$ 3,249

$3,999

Discount Offer

Use promo "CYPINC2" to get $750 OFF

Renew at $1,999 per year

Includes all govt. fees

Proceed to Pay ┃Secured by Stripe
COMPANY REGISTRATION
Click here for more information
Company Registration Timeline

12-14 days

Click here for more information
Pvt. Ltd. Company Registration
Included
Click here for more information
Unlimited Name Availability Check
Included
Click here for more information
Company Name Reservation
Included
Click here for more information
Government Fee for Incorporation
Included
Click here for more information
Registered Agent
Included
Click here for more information
Registered Address
Included
Click here for more information
Preparation of Company Memorandum
Included
Click here for more information
Preparation of Article of Association
Included
Click here for more information
Certificate of Incorporation
Included
Click here for more information
Certificate of Registered Office Address
Included
Click here for more information
Certificates of Secretary
Included
Click here for more information
Certificates of Directors
Included
TOTAL COMPLIANCE
Click here for more information
Automated Compliance Reminders
Included
Click here for more information
Company's Annual Renewal
Included
Click here for more information
Cyprus State Fee for Renewal
Included
Click here for more information
Corporate Nominee Secretary
Included
Click here for more information
Filing Annual Financial Statements
Included
Click here for more information
Preparation of Financial Statements
Not included in the package
Click here for more information
Bookkeeping by Experts
Not included in the package
BANK ACCOUNT
Click here for more information
Account Opening Assistance
Included
Click here for more information
Support up to 3 traditional banks
Included
Click here for more information
Support up to 2 digital-first banks
Included
Click here for more information
Remote Opening Process
Included
MISCELLANEOUS
Click here for more information
Apostille on Document
Included
Click here for more information
Company Chop and Seal
Included
Click here for more information
Nominee Director
Not included in the package
Click here for more information
Nominee Shareholder
Not included in the package
Click here for more information
Change in Authorized Share Capital
Not included in the package
Click here for more information
Certified by a CPA
Not included in the package
Click here for more information
Certificate of Good Standing
Not included in the package
Click here for more information
Certificate of Incumbency
Not included in the package
Click here for more information
Certified by Registered Agent
Not included in the package
Click here for more information
Certified by Notary Public
Not included in the package
Click here for more information
Acting as Your Legal Admin
Included
Click here for more information
Dedicated Account Manager
Not included in the package
Proceed to Pay ┃
Secured by Stripe
Build what you need

Contact Us

Contact Now
COMPANY REGISTRATION
Click here for more information
Company Registration Timeline

12-14 days

Click here for more information
Pvt. Ltd. Company Registration
Included
Click here for more information
Unlimited Name Availability Check
Included
Click here for more information
Company Name Reservation
Included
Click here for more information
Government Fee for Incorporation
Included
Click here for more information
Registered Agent
Included
Click here for more information
Registered Address
Included
Click here for more information
Preparation of Company Memorandum
Included
Click here for more information
Preparation of Article of Association
Included
Click here for more information
Certificate of Incorporation
Included
Click here for more information
Certificate of Registered Office Address
Included
Click here for more information
Certificates of Secretary
Included
Click here for more information
Certificates of Directors
Included
TOTAL COMPLIANCE
Click here for more information
Automated Compliance Reminders
Included
Click here for more information
Company's Annual Renewal
Included
Click here for more information
Cyprus State Fee for Renewal
Included
Click here for more information
Corporate Nominee Secretary
Included
Click here for more information
Filing Annual Financial Statements
Included
Click here for more information
Preparation of Financial Statements

Contact Us

Click here for more information
Bookkeeping by Experts

Contact Us

BANK ACCOUNT
Click here for more information
Account Opening Assistance
Included
Click here for more information
Support up to 3 traditional banks
Included
Click here for more information
Support up to 2 digital-first banks
Included
Click here for more information
Remote Opening Process
Included
MISCELLANEOUS
Click here for more information
Apostille on Document
Included
Click here for more information
Company Chop and Seal
Included
Click here for more information
Nominee Director

$1,499 per yr

Click here for more information
Nominee Shareholder

$1,499 per yr

Click here for more information
Change in Authorized Share Capital
Included
Click here for more information
Certified by a CPA

$299

Click here for more information
Certificate of Good Standing

$449

Click here for more information
Certificate of Incumbency

$349

Click here for more information
Certified by Registered Agent

$249

Click here for more information
Certified by Notary Public

$349

Click here for more information
Acting as Your Legal Admin
Included
Click here for more information
Dedicated Account Manager
Included
Contact Now
Flexible and secure payment options worldwide
PROCESS

Incorporate in 5 Easy Steps

From Paperwork to Approval: Making Company Formation Fast and Straightforward

Step 1

Tell us your requirements

Click here and fill out the short form to let us know your requirements.

Afterwards, our team will get in touch with you to guide you through the process.

Step 2

Documents and due-diligence

Begin the company incorporation process by sharing the requested documents, as listed here. This enables us to begin the mandatory KYC and due diligence procedures to comply with local and international laws.

During the process of due diligence, our team might request additional information, documents, or clarification as needed.

If you ever feel lost while organising the documents, please contact us, as your dedicated manager from Vepapu will guide you through it.

Step 3

Application and follow-up

Our team will now have the required information and documentation in hand to proceed with completing the required paperwork involved in incorporating your company.

We will complete one or multiple application forms as required and coordinate with the registry to submit them for their official approval.

We will do timely follow-ups with the registry and actively work with them if they require any further clarification or documentation before their approval.

Step 4

Other registrations, if required

If there are any other registrations with different government departments that are generally required before commencement of any business, required for your specific business industry, or that you have chosen voluntarily, we will promptly complete them.

Step 5

Ongoing compliance

As Vepapu strongly believes that company incorporation is just the first step in any business journey, we will accompany you throughout your business's life cycle by keeping it in good standing with local rules and regulations.

We will take care of monthly, quarterly, bi-annual, or annual reports and return filings with the authorities. We will timely inform you of the upcoming compliance deadlines, such as conducting an annual general meeting, for your prompt action.

End

FAQ

Frequently Asked Questions

Find answers to frequently asked questions on company formation in Cyprus

Does my company need local directors or shareholders in Cyprus?

There is no need to have local directors or shareholders to form your offshore company in Cyprus. A company must have at least one director in the company, but it can be yourself irrespective of your country of citizenship, origin, or residence. This means that you can establish a Cyprus private company with directors and shareholders who are not residents of Cyprus. You can use Vepapu's Nominee Director and/or Nominee Shareholder services to hide your identity in your company formation documents as well.

What are the requirements to maintain a Cyprus private company?

Director and Shareholder: At least one director and one shareholder are required. These roles can be held by the same person or entity, and there are no restrictions on the nationality or residency of directors or shareholders. Nominee directors and shareholders can also be used for privacy purposes.

Company Secretary: A company secretary is required. The company secretary can be an individual or a corporate entity. The role of the company secretary involves ensuring compliance with legal and regulatory requirements and maintaining company records.

Registered Address: The company must maintain a registered address in Cyprus. This is the official address of the company for legal and communication purposes. It is where official documents can be served and where the company's records are kept.

Annual Return: An annual return must be filed with the Cyprus Registrar of Companies. This document provides updated information about the company, including details of directors, shareholders, and other relevant information.

Financial Statements and Audit: The company is required to prepare annual financial statements that provide an accurate and fair view of its financial position. These financial statements must be audited by a licensed auditor in Cyprus. The audited financial statements are submitted along with the annual tax return.

Tax Return: The company is required to file an annual tax return with the Cyprus Tax Department. The tax return includes information about the company's income, expenses, and other relevant financial details.

Does my information be displayed publicly by the Cyprus government?

company information is typically submitted to the Companies Registrar and becomes a part of the public record. This means that details about the company's structure, ownership, directors, and other relevant information are accessible to the public, including through online databases and searches.

However, for individuals or entities seeking a level of anonymity, nominees can be appointed. Nominees are individuals or entities that are officially registered as directors or shareholders of a company on paper, but they may not have an active role in the company's operations or decision-making. This can provide a layer of privacy for the actual beneficial owners.

Are there any taxes in Cyprus? Do I have to pay any taxes under my offshore company in Cyprus?

All tax-resident companies are taxed at 12.5% on their worldwide income. However, foreign-source income originating from a Permanent Establishment (PE) abroad may be exempted from corporate income tax subject to anti-avoidance rules override as the following conditions are satisfied:
- More than 50% of foreign PE’s activities directly or indirectly result in investment income, and
- The foreign tax levied on the income of foreign PE is significantly lower than the tax burden in Cyprus.
- In addition, a non-tax resident company whose control and management are executed from outside of Cyprus is exempt for all its foreign income. Any income originating from Cyprus would be subject to a tax rate of 12.5%.

Is a physical office in Cyprus mandatory for incorporation?

A registered address in Cyprus is required to form a company is mandatory to incorporate a company in Cyprus. It is a legal requirement and without which, we cannot proceed to file the documents with the registrar for your company's incorporation.

But Vepapu is already covering this service for you, which means, you do not need to have a physical office in Cyprus to incorporate.

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