Set up and operate your Cyprus company with professional support for incorporation, tax, accounting and ongoing compliance.
Achilleas Pafios & Co Ltd supports international entrepreneurs, overseas businesses and groups through Cyprus company registration and the practical work that follows. From our Limassol office, we help you plan the ownership, management, registrations and financial reporting your business will need.
Whether you want to open a company in Cyprus for a new venture, establish a subsidiary or relocate business activity, start with a review of your commercial plans and cross-border obligations.
Request a Company Formation Consultation
Our service is suited to founders who need a professional relationship beyond incorporation: reliable accounts, practical tax support and a clear compliance timetable as the business develops. We coordinate formation with the relevant legal professionals and agree the ongoing services appropriate to your company.
We discuss your activity, owners, funding, customers, countries of trade and where management will take place. This helps identify tax, licensing and practical issues before an application is made.
We collect identity, address, beneficial-ownership and business information, together with source-of-funds evidence appropriate to your case. We explain any certification or translation needed.
We coordinate name approval and confirm the shareholders, share capital, directors, secretary and Cyprus registered office. These details should match the intended operation of the business.
A practising Cyprus lawyer prepares the memorandum and articles and the required legal declaration. We coordinate the incorporation process with the relevant professionals and organise the company certificates and statutory records following registration.
We assist with tax registration and the tax identification number, assess VAT and employer-registration requirements, and coordinate beneficial-owner filings. Bank account assistance follows the chosen institution’s separate onboarding process.
We agree how you will provide records, set up the accounting workflow and map the recurring filings. This gives your company a practical framework for its first transactions and subsequent reporting.
The exact checklist depends on the owners, activity and jurisdictions involved. For onboarding and incorporation coordination, typically prepare:
Certified copies, translations, authorisations or further evidence may be required. We provide a case-specific checklist before you arrange documents.
Company formation is the beginning of an ongoing business relationship. Depending on the agreed engagement, we support:
Explore our corporate services, accounting services and business relocation support.
Yes, Cyprus company formation is available to international entrepreneurs, including non-resident shareholders. We review the proposed owners, beneficial owners, business activity and countries involved before proceeding. Regulated activities, sanctions and other restrictions require separate checks.
A foreign founder can be considered for appointment as a director. The board structure should reflect who actually manages the business and where decisions are made. We review the proposed arrangements and their tax implications before incorporation; appointing a director alone does not settle the company’s tax position.
Some formation steps can be coordinated remotely, subject to identity checks and document-signing requirements. The company needs a registered office in Cyprus. Operational premises, local management and any visit required by a bank or authority depend on your circumstances; a registered address alone does not demonstrate business substance.
The timetable depends on name approval, complete documents, compliance checks and Registrar processing. We confirm the expected stages after reviewing your case. Incorporation, tax/VAT registrations and bank account opening have separate timelines, so registration does not mean the company is immediately ready for every transaction.
We assist with the application and supporting documents, including the ownership structure, business profile, expected transactions and source of funds. Each bank applies its own checks and may request a meeting or additional evidence. Approval and timing remain the bank’s decision.
Plan for bookkeeping, financial statements, the applicable audit or review, corporate tax returns and the Registrar’s annual return. Keep company particulars and beneficial-owner information current, including required confirmations. VAT, VIES and payroll filings depend on registrations and activity. We establish a filing calendar for your company.
The scope depends on the ownership structure, documentation, legal work and registrations required. We discuss incorporation costs together with recurring accounting, tax, corporate administration and compliance needs, then agree a tailored engagement before work begins.
No. Company incorporation, personal tax residence, non-dom status and immigration permission are separate matters. If you plan to relocate or work in Cyprus, these should be assessed alongside your business plans and your obligations in other countries.
Tell us your proposed activity, country of residence, ownership structure, main trading countries, expected start date and whether you plan to relocate or hire staff. We will use this overview to discuss formation and the ongoing support your business needs.
Start Your Cyprus Company — Request a Consultation
Contact our Limassol office on +357 99 141822 or info@apafios.com.
Information reviewed September 2026. Official guidance: Registrar of Companies — incorporation, 2026 tax reform, beneficial ownership register. Requirements depend on individual circumstances.
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