Predictable company law rooted in common-law principles and a professional services ecosystem. Contracts are enforceable, corporate actions are straightforward, and investor protections align with EU standards
Company Registration
Launch your Cyprus company with a clear scope and predictable pricing. We handle name approval, constitutional documents, Registrar filings, and all identifiers so you can start trading without delays.
Why choose Trustank Corporate
TRUSTANK provides end-to-end corporate services in Cyprus under one contract. We handle company formation, registered office, secretary, UBO filing, VAT and VIES, banking support, accounting and payroll, and annual financial statements. Packages are all-inclusive with fixed pricing, delivered remotely with secure KYC and e-signing. You get proper governance from day one and auditor-ready records that keep your Cyprus company compliant and operating smoothly.
Fully Remote Cyprus Company Formation
Free discovery call
We clarify the company’s activities, ownership structure, and main goals.
KYC and documents
You provide identification , proof of address, and basic company details.
Name approval
We submit your preferred company name (plus alternatives) to the Registrar of Companies.
Drafting & signing
We prepare the Memorandum & Articles of Association - shareholders review and sign.
Incorporation & certificates
Application and obtain the company number and core certificates: Certificate of Incorporation, Directors & Secretary, Registered Office, and Shareholders.
Go-live essentials
Set up portals and IDs, register VAT/VIES and employer, and assist with banking.
One Contract • All Services
Why choose Cyprus for Business
12,5%
Corporate Tax
Corporate income tax among the lowest in the EU with wire range of Double Tax Treaties
50%
first-employment relief
Qualifying newcomers to Cyprus can claim a 50% income-tax exemption on employment income for up to 17 years, provided annual pay exceeds €55,000
2,5%
Corporate Tax for IP Companies
Preferential treatment for qualifying R&D/IP income under OECD-aligned rules
Personal
Tax advantages
0% taxes on withdrawing profits from Company (dividends), No wealth or inheritance tax, No individual exit tax
Accounting
benefits
Deductible expenses – rent, salaries, professional fees, software, transportation, marketing, bad debt, travel for business are all deductible from company’s profits
Business
friendly legal environment
Good to know
Before engaging in any business activity, make sure your service provider is a qualified, professional, not just an intermediary.
With Trustank your company registration is handled by a Cyprus Bar Association licensed lawyer from start to finish.
Frequently Asked Questions
How long does incorporation take?
Typically 5 to 10 working days once the name is approved and documents are in order.
What type of company do most entrepreneurs use?
A private company limited by shares. One shareholder is enough, there is no minimum share capital, and liability is limited to unpaid share capital.
Do I need a local director or secretary?
Every company must have at least one director and a secretary. A director does not need to be local. However, appointing non local officers may raise questions about where effective management and control are exercised, which can significantly affect the company’s tax residency and liabilities.
What are my post incorporation steps?
Within 60 days register with the Tax Department for a tax number. Register for VAT if taxable supplies exceed the threshold. Register as an employer with Social Insurance before hiring. Within 90 days update the UBO registry, in order to do that a verified GOV.cy account is required.
When do I need audited accounts and an annual return?
All Cyprus companies are required to prepare audited financial statements and file an annual return each year through licensed auditors. We handle this for you.
More on Beneficial Ownership register?
Keep UBO information current and complete the annual confirmation window. Public access is restricted. Non compliance risks penalties and possible strike off.
Do nominees shareholders hide ownership?
Beneficial owners must be registered in the UBO system and disclosed to banks and other obliged entities. A beneficial owner is any natural person who holds 25 percent or more of the company’s shares. Nominee shareholders can keep the UBO’s identity out of public view, but it must still be disclosed to the authorities and obliged entities.
Banking is difficult. Any alternatives?
Banks apply strict AML and KYC. Depending on activity, Electronic Money Institutions can offer payment accounts.
Which activities need extra licenses?
Investment services require CySEC authorization. Crypto asset service providers must register and transition to MiCA. Payment and e money services are licensed by the Central Bank.
Can a non EU person own and direct a Cyprus company?
Yes. There are no nationality restrictions for shareholders.
How can I get Cyprus citizenship through company setup?
1) Company of Foreign Interests. Register your company with the BFU, show the required €200,000 investment, and operate with real substance.
2) Employ yourself as high skilled staff. You can be hired by your own BFU approved company if you hold a genuine role on Cyprus payroll with a salary from about €2,500 gross per month and meet all permit requirements.
3) Highly skilled professionals can apply for Citizenship after 3 years of residence.
2) Employ yourself as high skilled staff. You can be hired by your own BFU approved company if you hold a genuine role on Cyprus payroll with a salary from about €2,500 gross per month and meet all permit requirements.
3) Highly skilled professionals can apply for Citizenship after 3 years of residence.
When can a court pierce the corporate veil?
Only in exceptional cases such as sham structures to evade existing obligations or where statute provides. Poor governance alone is not enough.
When shareholders pay 0% on their dividend income?
Cyprus tax residents who are non domiciled are exempt from Special Defence Contribution on dividends for 17 years from the date they become tax resident. Banks or payers may request a non dom declaration. General Health System contributions still apply up to the annual cap. Use our dividends calculator to see the exact amount payable.
What company expenses are tax deductible in Cyprus?
Cyprus allows deductions for expenses incurred wholly and exclusively for generating taxable income, provided they are properly documented. Typical deductible items include staff costs, office rent, utilities, professional and audit fees, marketing, travel for business, bad debt write offs when conditions are met, interest subject to rules, and tax depreciation via capital allowances on assets like plant, equipment, computers and commercial buildings.
What is Cyprus’s 60 day rule for tax residency?
You can be a Cyprus tax resident in a calendar year if all of these apply. You spend at least 60 days in Cyprus in that year. You are not tax resident in any other country and you do not reside in any single other country for more than 183 days. You carry on a business and or are employed in Cyprus and or hold an office in a Cyprus tax resident company, and this is not terminated before year end. You maintain a permanent home in Cyprus, owned or rented.
Why is a Cyprus Tax Residence Certificate important?
A Tax Residence Certificate is official proof that you are tax resident in Cyprus for a specific year. Foreign tax authorities and payers rely on it to apply double tax treaty benefits and to avoid double taxation.
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Full Setup Package
Suitable for
Newly established businesses starting operations in Cyprus, and established companies abroad seeking to add a Cyprus entity to their group structure.
100% remotely
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Clear scope
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Fixed fees
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Fast process
What you get (one-off setup)
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Company incorporationName check and reservation, Memorandum & Articles tailored to your activity, Registrar filings, certificates.
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Registered Office (1 year)Statutory address and mail handling.
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Company Secretary (1 year)Minutes, resolutions, statutory registers, annual return preparation.
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gov.cy corporate account & Registrar eFilingCorporate account setup and Registrar eFiling access (codes).
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UBO registry filing (initial)Initial Ultimate Beneficial Owner declaration to the Registry.
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Social Insurance Employer RegistrationEmployer registration with the Social Insurance Department.
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Tax Identification Code (TIC)Application and issuance of the company’s TIC.
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VAT registration + VIES / OSSVAT registration assessment and filing; VIES and OSS registrations where applicable.
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Digital company fileCertificates of Incorporation, Directors/Secretary, Registered Office, Shareholders, M&AA, UBO receipt — neatly organised.
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Lawyer-led processDocuments prepared/reviewed by a qualified, licensed lawyer.
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Timeline & updatesWritten schedule with milestone emails.