Does the Cyprus government have any restrictions on the nationality or status of foreigners registering a company there?

The Cyprus government does not impose any nationality or identity restrictions on foreigners registering a Cyprus company and does not require EU residency as a nominee director.A company secretary who is a resident of Cyprus is required.

What are the rules for choosing a company name when registering a company in Cyprus?

A Cyprus private company name cannot end in 'PLC' (that suffix is reserved for publicly traded companies) and must instead end in 'Ltd'. In addition, if the same name is already registered in another country, the Cyprus Registrar of Companies may reject it as too similar to an existing company, so it is best to prepare several alternative names.

In EU company registration, what ownership level triggers a beneficial owner (UBO) declaration, including through a listed parent company?

Any individual holding more than 25% of the company must be declared as a beneficial owner (UBO). This is assessed by tracing the ownership chain through to the ultimate individual — including through a listed parent company. If a new financial report later shows that an individual crosses the 25% threshold, the UBO declaration must be corrected and supplementary supporting materials may be required.

For incorporating a Cyprus company with a corporate shareholder, what additional registrations and documents are required, and who handles the TIC application?

Beyond a nominee secretary and registered address, Cyprus incorporation requires a TIC (Tax Identification Code) application and a UBO (Ultimate Beneficial Owner) registration. The UBO details of the physical persons behind any corporate shareholder must be disclosed. If an accountant is engaged, they can usually handle the TIC application, so a separate TIC purchase may not be needed. A corporate shareholder must also provide a utility-bill proof of address and an English CV/resume to complete the nominee-secretary KYC questionnaire.

Is a Power of Attorney (POA) required to incorporate a company in Portugal, Spain, Poland, Malta or Cyprus, and does it depend on nationality?

A POA requirement is not tied to the applicant's nationality. Incorporation in Portugal, Spain, Poland, Malta and Cyprus may not require a POA, but this ultimately depends on the lawyer/supplier handling the specific case. Poland in particular may require the shareholder to attend a meeting.

Company Incorporation

Cyprus Company Formation (PCL)

Applicable country/region: CY - Cyprus

English-speaking advisor

Cyprus local setup support

Tailored service assessment

Unit PriceEUR 2,325 / Company

Estimated Duration16 working days

On-site presenceNot required

View Requirements

Response within 1 working hour on business days. We confirm applicability and estimated fees first.

Fully remote

Remotely Process Your Cyprus Company Formation (PCL) in About 16 Business Days

TKEG Expat handles your Cyprus company formation from start to finish, registering your business with the Cyprus Registrar of Companies with standard share capital of 1,000 shares. This Cyprus company incorporation service includes issuing a tax number (TIC), UBO registration, and the drafting of your memorandum and articles of association. Founders and international entrepreneurs expanding into the EU can rely on TKEG Expat for the complete process, from name approval to preparing the required documents for shareholders and directors. A Cyprus registered address is needed to incorporate, and TKEG Expat offers address hosting plus a nominee company secretary or director option for those without a local presence. TKEG Expat also supports corporate bank account opening, VAT and corporate tax registration, and ongoing compliance so clients benefit from Cyprus's 12.5% corporate tax rate. Transparent fees, a clear timeline, and expert guidance make Cyprus company formation straightforward. Contact TKEG Expat today to start your Cyprus company and expand internationally with confidence.

Cyprus Company Formation (PCL) - Service Included

What's Included

Everything in this package

The line items below are already covered by the unit price. Anything marked "not included" can be added as a tailored extra.

Provide Cyprus company registration services with standard share capital (1.000 shares) for client.
Included ×1.00
Includes issuing a tax number (TIC number).
Included ×1.00
Includes UBO registration.
Included ×1.00
Including the Memorandum and Articles of Association.
Included ×1.00

Good to know

The registration of a Cyprus company does not mandate the appointment of a local nominee secretary or nominee director. We can proceed with the incorporation even if no one is based in Cyprus (however, the company may encounter practical issues during subsequent operations, including but not limited to unsuccessful bank account openings and ineligibility to benefit from the 12.5% low corporate tax rate).
Please contact your CRM if you need local nominee secretary or nominee director.

Product Requirement

Cyprus Company Formation (PCL)'s Requirements

TKEG Expat ™ (NZ) aims to provide the most straightforward and professional service to our clients. Please use this "Product Requirement Table" to determine if you meet the basic requirement of this product, and if you need services that are not included in this product.

A Cyprus registered office address is needed

To register a company in Cyprus, a Cyprus address is required. If you do not have a Cyprus address, you can choose the address hosting service provided by TKEG Expat.

Solution availableNot included in product

Cyprus LTD

Private Company Limited by Shares

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Document Requirement

We Need These To Help You With Cyprus Company Formation (PCL)

TKEG Expat ™ (NZ) aims to provide the most accurate and up-to-date information to our clients. Please use this "Document Requirement Table" to determine which documents you will need to submit to fulfill the product requirements. Please note, the requirements of document can change depending on your case.