Trustank Corporate

Administrative services that turn incorporation into a working business.

UBO Registry

Tax ID and VAT

Gov Portal Access

Banking Support

We handle registrations, access, filings and onboarding with the authorities, so your Cyprus company is properly set up, traceable and ready to operate from day one.

 Correct setup with authorities from day one, avoiding delays, rejections and future corrections

All registrations completed and verifiable, with access credentials properly issued and controlled

Deadlines tracked and proofs stored, so nothing is missed and nothing is disputed later

Bank-ready structure and documentation, aligned with compliance and onboarding expectations

Single point of execution, coordinating Registrar, Tax, VAT and Social Insurance without friction

The basics to launch operations

Authorisation

If you haven’t appointed our nominee officer, we’ll need a short authorisation so we can act for the company on portals and filings (Registrar, Tax, Social Insurance, gov.cy).

Quick questionnaires

You complete brief questionnaires about the business (activities, clients/markets, volumes). This gives us the facts to register the company with the main authorities and set the right filing profile.

Bank account setup

We prepare the KYC pack, board resolutions and incumbency/certificates, complete bank/EMI forms, arrange signatories, and support interviews. If timing is critical, we can open with an EMI first and add a Cyprus bank later.

Ready to run

We obtain gov.cy verification, Registrar e-filing access, Employer’s ID (Social Insurance), TIN, VAT/VIES (and OSS if needed), and file the initial UBO within 90 days. You receive logins, proofs and a deadlines calendar the company is fully operational.

One Contract • All Services

After Incorporation

  • Simple bank setup

    Financial statements follow IFRS, in English if you wish, so banks, investors and auditors understand them without translation.

  • Light digital bureaucracy

    Business costs that are wholly and exclusively incurred are deductible with proper invoices. Fewer grey areas, predictable results.

  • Fast certificates

    Online portals for VAT, VIES, payroll and Registrar e-filings keep submissions predictable and traceable.

  • Clear compliance calendar

    A wide treaty network and generally no withholding on dividends to non-residents help you move profits cleanly when the structure is right.

  • Predictable procedures

    Tax losses carry forward and group relief can offset profits across Cyprus entities in the same year.

  • Easy apostille & legalisation

    Certified copies and apostilles are arranged quickly, with tracked courier and clear proofs so your documents work abroad without delays.

Frequently Asked Questions

Administrative services ensure your company is properly registered, connected to government systems and able to operate legally. Without correct setup, you risk delays, penalties and problems with banks or regulators.

The Gov.cy account gives access to key government platforms and digital services. It is required for filings, updates and communication with authorities.

What are Registrar eFiling codes used for?

Tax registration is mandatory within 60 days from incorporation. Failure to register on time may result in penalties and compliance issues.

VAT threshold is 15 600 euro

Yes. Every Cyprus company must declare its Ultimate Beneficial Owners, meaning individuals holding more than 25 percent of shares or control. The information is filed with the Registrar, must be kept up to date and confirmed annually. Non compliance may lead to penalties and potential strike off.

VIES registration is required if your company provides services or sells goods to other EU businesses. It allows proper reporting of intra-Community transactions.

Do I need to register with Social Insurance even if I have no employees?

Yes. We assist with the process, prepare the required documentation and guide you through bank or EMI onboarding. Approval depends on your business profile and compliance checks.

Everything is handled 100% remotely.

What happens if these steps are not completed correctly?

OSS (One Stop Shop) is used by businesses that sell goods or services to consumers in other EU countries. It allows you to report and pay VAT for all EU sales through Cyprus instead of registering in multiple countries. It is typically required for e-commerce and digital service providers exceeding EU thresholds.

Have more questions?

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HARD LEARNED INSIGHT

Opportunity is missed by most people because it is dressed in overalls and looks like work.

Grigoris Aivazidis

Founder, Trustank Corporate Services Ltd

Administration Package

Our Services

  • Gov.cy account created and verified

    Creation of the company’s gov.cy profile and guidance through the verification process at a Citizens Service Center. Enables access to key government services and digital filings.

  • Obtaining eFiling codes for the Registrar platform

    Secure login credentials for the Registrar portal to manage company records, request certificates, and file changes.

  • Ultimate Beneficial Owner (UBO) registry update

    Filing UBO information (shareholders with over 25%) on the Registrar’s platform.

  • Tax registration

    Tax Identification Number (TIN), mandatory by law within 60 days upon the company’s registration.

  • Tax registration

    VAT registration (required if turnover exceeds €15,600). VIES registration required if you carry out intra-Community supplies of goods or services.

  • Social Insurance registration

    Registration with the Social Insurance Department and issuance of an employer registration number.

  • Bank account opening

    Assistance in opening a corporate account with a Cypriot bank or licensed EMI, based on your company profile.

Suitable for

Newly established businesses starting operations in Cyprus that need a clean, verified setup for filings, tax, and employer registrations.

  • Discipline in filings

    Correct setup and timely registrations so you start operating without avoidable delays.

  • Proofs stored

    Credentials, receipts and confirmations kept organised for banks, auditors and future changes.

  • Deadlines tracked

    Key statutory timeframes monitored so your first 60 to 90 days stay compliant.

ONE-OFF FEE

€ 1,250 one-off

*Bank account opening is charged separately at € 600.

Special rates are available for multi-company setups.

Let’s build your business together

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