Cyprus Private Limited Liability Company
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15+ Years Of Experience
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10+ Dedicated Team
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1000+ Happy Customer
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1000+ Companies Formed (in UAE and worldwide)
Cyprus Private Limited Liability Company
Cyprus is an island situated in the north eastern Mediterranean Sea at the crossroads of Europe, Asia and Africa. The capital city is Nicosia, which has a population of about 200,000 people.
International businesses may be operated in Cyprus under a number of legal structures, including Private Limited Liability Company, Partnerships, Branches of Overseas Companies and Alternative Investment Funds.
A Cyprus Private Limited Liability Company (Non-Resident Company) is defined as an otherwise normal Cyprus company which is owned by non-residents of Cyprus and does business exclusively outside the island.
Features of Cyprus Private Limited Liability Company
Must end in the word “ Limited”
- Minimum: 1
- Residency Requirements: None
- Corporate Shareholder: Permitted
- Currency must be in Euro
- Customary Authorised Capital EUR 5,000
- Customary Issued Share Capital EUR 1,000
- Minimum: 1
- Residency Requirements: None
- Corporate Director: Permitted
- Minimum: 1
- Residency Requirements: None
Yes, the identity of shareholders, the secretary, directors and people with significant control (PSC) must be provided to the Registrar of Companies and this information is available in the public record.
Yes, Company must appoint an approved local registered agent.
Yes, (audited financial statements and annual return must be submitted to the Registrar of Companies in English)
Yes, required
Yes, required to file for annual return
If management and control is exercised abroad (by non-resident Directors) then the Cyprus Company is not taxable in Cyprus. This type of company is mainly useful for trade purposes. It cannot benefit from any Double Tax Treaties to which Cyprus is a party and cannot obtain any Tax Certificates stating that it is resident/taxable in Cyprus
Foreign companies being manage and control in the UAE are subject to UAE Corporate Tax and required to register within 3 months from date of incorporation.
Allowed
Approx. 5 business days
Annual renewal to be paid in June every year
Required Documents in Setting Up a Cyprus Private Limited Liability Company
KYC Documents for individual Director/Shareholder:
- Passport – original to be verified personally in our office, otherwise client can provide an original notarized copy of the passport
- Proof of address (in the form of utility bill, dated less than 3 months)
- Bank reference (dated less than 3 months with satisfactory record clearly mentioned and also the time period the client has been dealing with the bank: minimum of 2 yrs)
- Detailed CV
- Professional reference letter (can be issued by Lawyer or Certified Public Accountant)
- Dully filled FATCA Form
- Notarized US Declaration (if a US Person)
KYC for Corporate Director/Shareholder:
- Certificate of Incorporation
- Registered address and place of business
- Certificate of Current Standing if incorporated more than 1 year
- Register of Directors
- Register of Shareholders
- Memorandum & Articles of Association
All documents of the corporate entity must be certified by a Lawyer or Certified Public Accountant
How GBS Helps
Global markets are dynamic and involve a number of legal formalities to carry out international dealings. Having the assistance of a trustable business setup agency can help you smoothly establish your business. As an international business setup consultancy, Global Business Services FZCO specializes in helping companies expand their operations across borders.
We provide comprehensive services with a deep understanding of global markets, regulatory requirements, and cultural ideals. From handling documentation and obtaining licenses to securing government approvals, we take care of all administrative requirements. In addition to assisting in Cyprus company incorporation, our expertise can help you with company formation in the UAE, too.
Gain an advantage over your competitors and achieve unparalleled success. Call now at +971 50 8992852 or drop an email to sagar.mehta@gbsei.com to learn about special promotions/offers related to Cyprus company formation or business setup in the Dubai/UAE territory.
Cyprus Private Limited Liability Company Cost
Cyprus Company setup cost starts from Euro 2,625/-
Why Choose GBS for Company Formation Services in UAE?
Understanding Clients’ Needs
As the best business setup consultancy firm in UAE, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.
Flexible Pricing & Cost Transparency
For company formation service in UAE, we offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers
Years of Expertise
Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.
Work Track Record
As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.
Client words
Hear what our satisfied clients have to say about their successful journeys with us.
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1000+
Companies formed
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100%
client satisfaction
I had a fantastic experience with the Global Business Services FZCO. their team was knowledgeable, professional, and efficient. they guided me through the entire process of establishing my business. I highly recommend their services to anyone looking to set up a business in Dubai.
I hired Global Business Services for my online store in Dubai Free Zone. They quickly handled everything from visas to paperwork. Great experience overall.
I’m happy to choose Global Business Services FZCO for their outstanding business setup services in UAE. Their professional team guided me through each stage, answering all my questions quickly and clearly. Their personalized approach made me feel well taken care of.
