A Cyprus private limited company (Ltd) is quick to form — but "quick" only holds if the sequence is right and the paperwork is complete. Here is the process as it actually runs, and the cost picture without surprises.
The five steps
- 1 · Name check & reservation — availability is verified with the Registrar of Companies; your preferred name is reserved.
- 2 · KYC/AML — identity documents, proof of address and beneficial-owner details for the mandatory checks.
- 3 · M&AA — the constitutional documents, drafted for your business purpose and shareholding.
- 4 · HE registration — incorporation at the Registrar and issuance of your HE company number.
- 5 · Bank & VAT — with certificates in hand, account opening and VAT registration follow from the same dashboard.
What every company needs
Director, company secretary and a registered office on Cyprus are mandatory, and beneficial owners are reported to the UBO register. All of this is set up as part of formation — see the formation product for what is included.
Timeline, honestly
Once your documents and identity checks are complete, a standard formation is a matter of days, not weeks. The variables that stretch it: an unavailable name, incomplete KYC, or unusual shareholding structures that need drafting work.
The cost picture
Think in two buckets. One-off: formation and government fees — shown transparently during setup, before you commit. Running: the platform subscription (from €79/month) covering the dashboard, deadline engine and licensed accounting workflows, plus government levies as they fall due. Insurance premiums or property costs, if you use those modules, are contracted directly with licensed partners.
After incorporation
The HE number is the start, not the finish: accounting, VAT periods, the annual return and the UBO register all want attention on schedule. That ongoing part is what the app is built for.
taxzone.cy coordinates the process; reserved legal acts are performed by an admitted Cyprus law firm, accounting by a licensed team.
FAQ
Is there a minimum share capital?
Cyprus company law sets no statutory minimum for a private limited company. Modest amounts are customary; what makes sense for you depends on the structure — banks and counterparties sometimes have their own expectations.
Do I need to travel to Cyprus?
No. Formation runs fully online, including document signing. Reserved legal acts are carried out by an admitted Cyprus law firm on your behalf.
How fast is it really?
A standard formation is typically completed within days once your identity checks and documents are in. The name check at the Registrar is usually the first gate.
Start your formation today
Name check to HE number — guided, digital, legally executed.