Company Formation - Malta Company Formation - Malta CYAUSE LTD / Wednesday, April 20, 2022 0 89 Article rating: No rating In this article, we share the procedure of opening a company in Malta by GCS Malta company. Read more
Clarifications about sanctioned persons and Cyprus response to persons from Russia and Belarus Clarifications about sanctioned persons and Cyprus response to persons from Russia and Belarus CYAUSE LTD / Tuesday, April 19, 2022 0 65 Article rating: No rating Just released by our regulator. Read more
Visa incentives & Digital Nomads in Cyprus Visa incentives & Digital Nomads in Cyprus Kyriakos Tramountanellis x / Thursday, April 7, 2022 0 118 Article rating: No rating In this article we examing the new Cyprus Tax visa incentives and how the Digital nomads and their family can benefit from that. Read more
Internal Audit Engagements Internal Audit Engagements Kyriakos Tramountanellis x / Wednesday, April 6, 2022 0 90 Article rating: No rating In this article, we examine what is the internal audit and the procedure that is followed by our department. Read more
Non Domicile Status Cyprus Non Domicile Status Cyprus Kyriakos Tramountanellis x / Monday, April 4, 2022 0 156 Article rating: No rating In this article, we explore the benefits and the conditions of Non-Domicile Status in Cyprus. Read more
Simple steps for the creation of a Cyprus Company Share Written By Kyriakos Tramountanellis Tags bankbankingcompanycompany ownercompany set upcreate companycreationcypriusdirectorsdirectory of shareholdershow tohow to create a cyprus companyincorporationlimassollimitedlimited companiesnicosiashareholderstips to open bank accountwhat do bank want 2022-01-04 Creating a Cyprus Company couldn't have been easier! In this short article we will show you how to simple it is to create a Cyprus company in few steps. Trust us we do this on a weekly basis! 1. Cyprus Company Structure All Cyprus companies must have the below set up: Director - at least 1 person Company Secretary - 1 person Shareholders - at least 1 and less than 50 persons Registered office - in the republic of Cyprus Want to know more - see explanatory video here. 2. Timeframes Company name approval - 5 working days (1 week) Company creation - 15 working days (3 weeks) Issuance of certificates - <5 working days after the company formation (< 1 week) As you can see setting up a company from scratch usually takes 3 - 4 weeks. Tip - If you urgently need a Cyprus company: a) you can obtain one by buying a company off the shelf (see explanatory video here) b) apply for any available name advised by your service provider and you can rename the company later on 3. The Process 1. Decide on the composition and set up 2. Agree on the fees 3. Sign relevant engagement letters 4. Transfer the fees to the service provider (who will use the majority of them to pay government disbursements) 5. Service provider will proceed with the incorporation of the company (more information here) 6. Service provider will send you the incorporation documents 7. Auditors and accountants will proceed with the registration of the company with the local authorities (VAT, TAX, etc) 8. Proceed with opening of the bank account (more information here) 9. Once the bank account is ready you can commence trading! 4. Need a Cyprus company Contact us and we will commence the incorporation as soon as possible. 5. Relevant Literature Complete guide on Cyprus company creation Cyprus Company Taxation Relocating to Cyprus - YouTube Explanatory Videos Maintenance of a Cyprus company