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Open a company in Cyprus

Professional Company Formation Assistance to Unlock Your Potential in the Cyprus Market

Create your Company in Cyprus

Did you know that Cyprus is a member of the European Union, uses the Euro, and has an extremely advantageous tax regime with lower tax rates? 

And that incorporating a company there is easier and faster than in most other European countries?

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To request a free consultation case, please provide us with your contact details below and we will contact you via email or phone.

How can a lawyer help with company formation in Cyprus?

Do you want to open a Private Company Limited by Shares Company (LTD) in Cyprus? And would you benefit from forming a Cyprus International Trust (CIT)? 

The lawyers at Lexidy can help you figure it all out quickly and efficiently. To get started, please fill out the form with your details and requirements.

Our legal expertise helps with various aspects of the formation process, including selecting a unique name, preparing and filing necessary registration documents, advising on legal structure, preparing contracts and agreements, ensuring compliance with Cypriot laws and regulations, and providing ongoing legal support.

With our guidance, you can ensure that your company is set up for success and has a strong legal foundation. Fill out the form now for more information.

What Our Clients Are Saying

Let our team of international corporate experts help you how to open a company in Cyprus. Our personalised approach to company formation in Cyprus ensures that your application process is crystal clear with a positive outcome. 

Local governments have been promoting Cyprus as an international business centre through the enactment of favourable tax laws and by introducing the Cyprus Government fast track scheme.

This has allowed Cyprus to establish itself as a reputable business and financial centre supported by an advanced legal, accounting and banking system and a highly skilled and multilingual workforce.  High profile international groups, such as eToro, Columbia Shipmanagement, Plus500, Exness, Easybrain, Nexters, Amdocs, Technorion and many more, have opted to set up in Cyprus.

In Cyprus, the majority of business entrepreneurs set up their companies as a Private Company Limited by Shares (LTD). To set up a LTD in Cyprus, there is a list of bureaucratic and legal steps that every foreign entrepreneur must take. Read about them more in-depth in this Article , along with a detailed summary of the needed procedures, the estimated time, and cost for each step.

CY Why should I start my business in Cyprus?

Cyprus may be one of the most well-kept secrets for how to make your European entrepreneurial dreams a profitable reality. Have a business idea? Read on to learn whether Cyprus could be the best place to set up your future company.

Frequently Asked Questions

This is the most common type of company used in Cyprus and it is founded by one or more partners – up to 50. Other important requirements for setting up a private limited liability company are a local address and a secretary. 

Private limited companies must have a registered physical office address located in Cyprus, where the company must keep all statutory records and other documents which must be available for review.

The Company must have at least one director who may be a natural person or a legal entity, resident or non-resident.

Limited companies may be formed by one shareholder, who can be either natural or legal persons, residents or non-residents, without limitations. Details of shareholders are publicly accessible.

In a private company limited by shares, there is no minimum required capital. The shareholders subscribe shares, monetary or non-monetary, which are given a nominal value and cannot be transferred. The members of a private company limited by shares are liable to the company’s debts and obligations only to the extent of the nominal value of their shares. 

Incorporating a company in Cyprus is comparatively easier and faster than in most other European countries. The process is initiated with an application for name approval, and then registering a company is processed by the Registrar of Companies. The company will be incorporated within 7-10 days.

Therefore, the requirements for a Cypriot LTD are low and almost everyone can apply.

The Cyprus International Trust (CIT) enables non-tax residents of Cyprus to create a trust in Cyprus and enjoy the highest possible degree of asset protection. You can estate plan internationally while receiving tax benefits and maintaining strict confidentiality.

Your CIT can be employed in commercial and business transactions but also as a vehicle for charitable and other purposes.

Assets transferred to a trust are no longer part of the property owned by you, “the settlor” and cannot be claimed by creditors and litigators. That means that in the case of bankruptcy or liquidation, that your assets are protected (unless there is reason to believe the trust was made with the intent to defraud). 

Because the beneficiary of the international trust is not a legal owner of it, the income and capital gains are taxed in accordance with the rules of the residence of the legal owners – the trustees. That said, you as the Settlor have the ability to maintain certain powers in relation to the trust and/or to grant yourself certain powers in the capacity of protector of the trust or supervisor on the application of the trust.

A trust deed is not a public document and a trust arrangement is thus regarded as highly confidential. Such information can only be revealed by a court order, allowing a high degree of anonymity. 

An interesting point is the wide span of protection a CIT provides as an asset protection vehicle. Its assets are immune from the right of inheritance, and there is no limit on the period for which a trust continues to be valid and enforceable.

To add to that, CITs are treated as tax transparent, hence not subject to any form of Cyprus tax provided the Beneficiary is not Cyprus resident, and the trust does not own/dispose immovable property situated in Cyprus.

In order to qualify as a CIT, The “settlor” should not have been a permanent resident of Cyprus during the entire year previous to the creation of the trust. 

To add to that, the beneficiaries of the CIT should not have been permanent residents of Cyprus for a full year prior to the creation of the trust, but relocation to Cyprus the year after the trust is established is permitted. 

Finally, it’s necessary that at least one trustee of the CIT be a permanent resident of Cyprus.

The trust property itself can include all kinds of assets situated anywhere in the world and/or real estate property located in Cyprus.


We are a department formed by qualified legal experts who have been trained in the field of corporate law. We work on these requests every day and it’s our passion. For us, Lexidy is a way of life and what excites us the most is to be able to deliver the happiness and satisfaction of a successful process. We want to help you achieve your goals and dreams.

Lexidy Legal Tech
Based on 92 reviews
Ryan R
Ryan R
12:47 17 Aug 22
Lexidy has helped us so much in both the business and immigration side. We continue to use them for all legal needs and recommend them highly.
Caleb Wibbenmeyer
Caleb Wibbenmeyer
16:20 11 Sep 21
One stop shop for all things related to visas in Portugal (and taxes, etc). Great for digital nomads, retiree's or anyone interested in becoming an Portuguese expat. Looking forward to working more with Lexidy.
Ashwin Shirale
Ashwin Shirale
16:26 30 Jul 21
Belissa Cunha at Lexidy Portugal has been very professional, courteous, supportive and responsive in helping me secure a visa. The list of documents recommended was pretty exhaustive and was accepted without issues by the Portuguese consulate. My visa was approved by SEF in 9 business days. Without hesitation, I would recommend Belissa Cunha and Lexidy Portugal for a stress free and smooth visa process.
Konsensus Network
Konsensus Network
15:58 14 Jul 21
I have been using Lexidy for my personal and business needs and so far everything has been better than expected. Highly recommended.
monica Maia
monica Maia
10:29 27 May 21
I have really enjoyed working with Barbara and Ana at Lexidy Law Boutique they have been so professional and exceedingly helpful, they really have giving me such great advise as I started my new venture in opening my own company, I would recommend their services.
Christian Nielsen
Christian Nielsen
19:37 04 May 21
Indeed very helpful and knowledgeable. Barbara was excellent providing support every step of the way.Highly recommended.
William Burrell
William Burrell
10:52 24 Aug 20
A very smoothe and painless experience. We are only a small business however I feel we were treated with respect and timely concideration. Thankyou for making this otherwise daunting task so easy. I look forward to dealing again with you very soon.Many thanksW. Burrell
Lynne Veenstra
Lynne Veenstra
14:37 19 Aug 20
From the very first contact with Carolina we had friendly ,professional service. Our business was concluded in a very speedy manner, I would certainly recommend Carolina, and all the team at Lexidy for their help, and experience with immigration matters. keep up the good work.
Eleftheria Charalambous

Eleftheria Charalambous

Lawyer, Head of Athens Office
Eleni Maderaki

Eleni Maderaki

Head of Corporate Department Athens
Maria Balaoura

Maria Balaoura

Charalampos Zachariadis

Charalampos Zachariadis

Eva Kontogeorgiou

Eva Kontogeorgiou

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