Incorporate in Cyprus

$3,950.00

Set up a Cyprus Limited Liability Company

Cyprus has one of the lowest corporate tax rates across the European Union (12.5%). Due to its favorable tax regime, Cyprus is the gateway to the European common market chosen by many non-EU companies and a portal for investment from the West into Russia, Middle-east, Asia and South America. It is also a shipping hub, the Cypriot-registered vessel fleet is the fourth largest in the world.

In addition, dividends received by Cyprus companies are exempt from all taxes, with the exception of foreign-source dividends that are deductible for tax purposes for the paying company, being an interesting option for holding companies. Cyprus companies are also commonly used for international trading and for the provision of investment business services.

Cyprus Limited Company Formation and First-Year Fees – USD 3,900.00 (All included)

Note that our incorporation and annual fees are all “all-included fees”, and cover all the required services, duties, disbursements, and procedures to incorporate a Cyprus private limited company, and keep it in good standing.

 

Time to form

 

Setting up the company generally takes between 2 to 3 weeks. We will prepare the Memorandum & Articles of Association, Letters of Appointment, Nominee Services Agreement (if applicable), and other related documentation within 1-2 days. The subscribers of the Memorandum (Shareholders) will need to print and sign the documents and post them to our offices.  Once we receive the signed documentation, we will proceed with filing the company with the Registrar. At that point, it may take between 5 to 10 business days
for the Registrar to include the new Company in the Online Registry, and issue and release the certificates.

Bank Account Opening Services (Optional)

We assist you in opening a bank account in Cyprus.

  • Cyprus Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cyprus Bank Account
    N/A
    Yes
    Multicurrency
    No
    Cyprus Bank Account
    N/A
    Yes
    Multicurrency
    Yes
    Supports large Cypriot and international groups, preferably operating from Cyprus and international companies in their expansion and operations in Cyprus.
    Cyprus Bank Account
    N/A
    Yes
    Multicurrency
    Yes
    Cyprus Bank Account
    N/A
    Yes
    Multicurrency
    Yes
    Cyprus Bank Account
    N/A
    Yes
    Multicurrency
    Yes
    There is no minimum deposit, however, sufficient funds must be transferred into the account soon after opening, in order to cover the relative maintenance fees and/or relative transactions/products requested.
    Cyprus Bank Account
    N/A
    Yes
    Multicurrency
    No
  • Note that we can also open overseas bank accounts for Cyprus companies in the following offshore jurisdictions:

  • Andorra Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Andorra Bank Account
    USD 500,000
    Yes
    USD, EUR, CHF, CAD, AUD, SEK, NOK, NZD
    Yes
    Private Bank with focus on wealth management. If they open a corporate account for an active company, they would need that either the account has a substantial amount on the account, or that the UBO himself opens an account for wealth management.
  • Antigua Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Antigua Bank Account
    USD 10,000
    Yes
    USD, EUR
    Yes
    In euros DBank processes only via SEPA. In dollars at the moment only with correspondents in the US, through FEDWIRE (not ACH at the moment). Cash Secured Visa Credit Card available.
    Antigua Bank Account
    USD 25,000
    Yes
    USD, EUR, GBP
    Yes
    Cash Secured Visa Credit Card
    Antigua Bank Account
    USD 5,000
    Yes
    USD, EUR
    Yes
    UnionPay Cards work without inconvenience in the USA.
  • Armenia Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Armenia Bank Account
    USD 50,000
    Yes
    EUR, USD, RUB, AMD
    Yes
    Business connection to Armenia is required. The annual outgoing turnover of the client should be at least 10 mln USD per year. The annual number of outgoing transfers should be at least 60 per year. Note that the banks considers smaller companies is well on case-by-case basis, but they could charges additional fees.
  • Bahamas Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bahamas Bank Account
    USD 1,000,000
    No
    USD
    Yes
    Family Offices, Fund Managers and Asset Managers only.
    Bahamas Bank Account
    USD 10,000,000
    No
    Multicurrency
    Yes
    Primary focus with physical presence in Bahamas. Business interest in the Bahamas. The company needs to have been in existence for a minimum of 3 years.
    Bahamas Bank Account
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Credit Card available on a case by case basis.
    Bahamas Bank Account
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Remote account opening is possible, but the bank will visit the client within first year after opening.
    Bahamas Bank Account
    USD 500,000
    Yes
    USD, EUR
    Yes
    Prepaid debit card available.
  • Belize Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Belize Bank Account
    USD 4,000
    No
    EUR, GBP, USD
    Yes
    Belize Bank Account
    USD 1,000
    Yes
    USD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOK
    Yes
    Prepaid Visa cards available.
    Belize Bank Account
    USD 3,000
    Yes
    Multicurrency
    Yes
  • BVI Bank Account - USD $ 900.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    BVI Bank Account
    USD 20,000
    No
    USD, GBP, HKD
    Yes
    Bank of Asia does not onboard corporations who have a connection in US and Russia.
    BVI Bank Account
    USD 500,000
    No
    Multicurrency
    Yes
    VP Bank offers services to local BVI residents as well as international clients who have BVI companies, trusts or fund structures. It is primarily focused on financing, investment management, custodial and securities trading accounts. No Commercial Activity, only for asset management business.
  • Cayman Islands Bank Account - USD $ 900.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cayman Islands Bank Account
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF
    Yes
    Cayman Islands Bank Account
    USD 100,000
    Yes
    USD, EUR, CAD, GBP, AUD, Multicurrency
    Yes
    NCB Cayman Bank offers trading, private and investment bank accounts
  • Cook Islands Bank Account - USD $ 600.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cook Islands Bank Account
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, NZD, AUD, SGD, HKD
    Yes
    Clients can have a corporate account for operational purposes only if they open an investment account as well.
  • Curaçao Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Curaçao Bank Account
    USD 100,000
    No
    Multicurrency
    Yes
    Internet Banking only for viewing the account, not for operating
    Curaçao Bank Account
    N/A
    Yes
    Multicurrency
    Yes
  • Dominica Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Dominica Bank Account
    USD 15,000
    Yes
    USD, EUR, GBP, CHF
    Yes
    Dominica Bank Account
    USD 15,000
    Yes
    USD, EUR, GBP
    Yes
    Dominica Bank Account
    N/A
    No
    Multicurrency
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
    Dominica Bank Account
    N/A
    No
    Multicurrency
    Yes
    Dominica Bank Account
    N/A
    No
    EUR, USD
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
  • Gibraltar Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Gibraltar Bank Account
    N/A
    No
    Multicurrency
    Yes
    Gibraltar Bank Account
    USD 200,000
    No
    USD, EUR, GBP
    Yes
  • Hong Kong Bank Account - USD $ 1,400.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Hong Kong Bank Account
    HKD 100,000
    Yes
    Multicurrency
    No
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
    Hong Kong Bank Account
    HKD 200,000
    Yes
    HKD, USD, Multicurrency
    No
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
  • Isle of Man Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Isle of Man Bank Account
    N/A
    No
    USD, AUD, EUR, CZK, DKK, HUF, SGD, JPY, NOK, GBP, ZAR, ILS, NZD, PLN, CHF, SEK, CAD, BGN
    Yes
    Preferred industries: Asset Holding Entities, e-sports, yachting, aviation, e-commerce, internet sales and trading, business consultancy, advertising and marketing, property development and management.
  • Labuan Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Labuan Bank Account
    USD 10,000
    No
    USD, JPY, SGD, EUR, GBP
    Yes
    Labuan Bank Account
    USD 250,000
    No
    Multicurrency
    Yes
    Labuan Bank Account
    USD 25,000
    No
    USD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AED
    Yes
    They focus more on Labuan incorporated entities.
  • Latvia Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Latvia Bank Account
    case-by-case
    No
    EUR, PLN, CNY, HUF
    Yes
    The company should have a substance in EU or UK. Personal accounts only for persons residing/working in Latvia.
  • Liechtenstein Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Liechtenstein Bank Account
    USD 500,000
    No
    Multicurrency
    Yes
    Every active NFE needs to have a substance.
  • Mauritius Bank Account - USD $ 600.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Mauritius Bank Account
    USD 50,000
    No
    Multicurrency
    Yes
    Mauritius Bank Account
    USD 50,000
    Yes
    Multicurrency
    Yes
  • Nevis Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Nevis Bank Account
    USD 10,000
    No
    USD, EUR, GBP, Multicurrency, CHF, CAD
    Yes
    Nevis Bank Account
    USD 100,000
    No
    USD, EUR, GBP, CHF, AUD, CAD, AED, JPY, SGD, HKD
    Yes
    Nevis Bank Account
    USD 25,000
    No
    Multicurrency
    Yes
    Nevis Bank Account
    USD 10,000
    No
    USD
    Yes
  • Panama Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Panama Bank Account
    USD 50,000
    Yes
    USD, EUR
    Yes
    Panama Bank Account
    USD 10,000
    Yes
    USD, EUR, CHF, GBP, CAD
    Yes
  • Puerto Rico Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Puerto Rico Bank Account
    N/A
    Yes
    USD, HKD, AUD, CAD, CHF, CNY, DKK, EUR, GBP, JPY, NOK, NZD, SEK, SGD, TRL, XAF, ZAR
    Yes
    Unionpay Merchant service for clients.
    Puerto Rico Bank Account
    USD 25,000
    No
    USD
    Yes
    Their main focus is on commercial type, trade finance.
    Puerto Rico Bank Account
    USD 10,000
    No
    Multicurrency
    Yes
    Puerto Rico Bank Account
    USD 150,000
    No
    USD
    Yes
  • Saint Lucia Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Saint Lucia Bank Account
    N/A
    No
    Multicurrency
    Yes
    Saint Lucia Bank Account
    USD 5,000
    Yes
    USD, EUR, GBP, HKD, Multicurrency, CAD, CHF, AED, AUD, NZD, NOK, SEK, THB, JPY, ZAR
    Yes
  • Seychelles Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Seychelles Bank Account
    USD 25,000
    No
    USD
    Yes
    Internet banking is in view mode only, all transactions are carried out via email or by phone.
  • Singapore Bank Account - USD $ 900.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Singapore Bank Account
    SGD 100,000
    No
    USD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CAD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    USD 3,000,000
    No
    USD, SGD
    Yes
    Singapore Bank Account
    SGD 250,000
    No
    Multicurrency
    No
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD/USD 30,000
    No
    SGD, AUD, CAD, RMB, EUR, HKD, JPY, NZD, GBP, USD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD/USD 30,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    USD 30,000
    No
    USD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHF
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD 250,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
  • Switzerland Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Switzerland Bank Account
    CHF 500,000
    Yes
    EUR, GBP, CHF, CAD, AUD, JPY, SGD, PLN, HKD, NOK, SEK, ILS, MXN, DKK, TRL, NZD, AED
    Yes
    Amina Bank does not open accounts with a pure transactional business nexus.
    Switzerland Bank Account
    USD 10,000
    Yes
    Multicurrency
    Yes
    Companies must have a business presence in the country where they are incorporated or tax resident in the form of offices and/or employees.
    Switzerland Bank Account
    CHF 1,000,000
    Yes
    Multicurrency
    Yes
    Switzerland Bank Account
    CHF 500,000
    Yes
    Multicurrency
    Yes
    Switzerland Bank Account
    CHF 5,000
    Yes
    Multicurrency
    Yes
    Companies must have an expected turnover of at least CHF 3,000,000.
    Switzerland Bank Account
    CHF 3,000,000
    Yes
    Multicurrency
    Yes
    Deposit must be maintained in crypto assets held through the bank's custody services. Minimum Average Balance for high risk jurisdictions should be 1-2Mio CHF.
  • USA Bank Account - USD $ 1,400.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    USA Bank Account
    USD 100,000
    No
    USD
    Yes
    min deposit USD 100k and more AND/OR with revenues of USD 1M
    USA Bank Account
    from 10,000 but preferred 250K-300K
    Yes
    USD, Multicurrency
    Yes
    They tend to focus more on technology/startup companies that are focused on growing and scaling through future equity raises and subsequent debt facilities.
    USA Bank Account
    USD 5,000
    Yes
    USD
    Yes
    The company should trade in Asia and the USA.
    USA Bank Account
    Typically USD 25,000 - USD 50,000, for high risk USD 500,000
    Yes
    USD
    Yes
    At least one US based signatory is required. Purpose to open an account in US is required.
  • Vanuatu Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Vanuatu Bank Account
    1,500 EUR
    No
    EUR, GBP, USD
    Yes
    Outgoing USD transactions cannot be facilitated.
  • EMI Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    DNBC (CA) (former DSBC)
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Hong Kong EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Kazakhstan EMI Account
    Depending on category.
    No
    Multicurrency
    Yes
    Lithuania EMI Account
    N/A
    Yes
    EUR
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR, USD, GBP, SEK, JPY, HKD
    Yes
    Luxembourg EMI Account
    N/A
    No
    Multicurrency
    Yes
    Singapore EMI Account
    N/A
    Yes
    SGD, USD
    Yes
    United Kingdom EMI Account
    N/A
    Yes
    EUR, GBP
    Yes
    United Kingdom EMI Account
    N/A
    No
    EUR, GBP
    Yes
    United Kingdom EMI Account
    Depending on category.
    No
    EUR, GBP
    Yes
  • Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.

    Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.

    Directorship Services (Optional)

    The appointment of a Cyprus resident director is not legally required. However, having the majority of Board Members being local directors will entitle the company to obtain a Tax Residence Certificate, and access double-tax agreement benefits.

    Nominee Services (Optional)

    Cyprus Company Annual Fees – USD 1,725.00 (payable one year after incorporation and annually thereafter)

    Annual Accounting, Audit and Tax Services (Optional, Starting Prices)

    Other Services (Optional)

     

    Please, contact us for further information.

    Bank Account

    Local Director Services

    Nominee Shareholder Services

    Bank Account

    Local Director Services

    Nominee Shareholder Services

    Order total:

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