CYPRUS: SHORT INFORMATION ABOUT JURISDICTION

  • Location: Mediterranean Sea
    Time: Moscow – 2 hours
    Area: 9 251 sq. km.
    Population: 700 000
    Capital: Nicosia
    Language: Greek, English

Currency: EUR
Тype of company: Соmpany Limited by Shares
Мinimum authourised share capital: not fixed, 1 000 CYP — 10 000 CYP
Taxation: from 2003 pays income tax — 10%
Annual return and accounts: required
Annual audit: required
Owners: can be both individuals and corporate bodies
Nominee services: available
Need to travel: no
Time to supply documents: 2-3 weeks
Additional information: Hague Convention 1961 applies, Double-taxation agreement with RF

Standart set of corporate documents includes:
— Original of Certificate of Incorporation
— Original of Appointment of director / secretary
— Original of Registered office Certificate
— Original of Shareholders Certificate
— Original of Memorandum and Articles of Association
— Power of Attorney
— Original of Tax Certificate (if needed)
— 1 share certificate, copy of corporate documents
— seal

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