🌍 Guide to Relocating Your Business to Cyprus
You have two options:
- Establish a new business in Cyprus (Register a new Cyprus company)
- Transfer your existing business to Cyprus
Option 1: Registering a Company in Cyprus
Step 1: Choose an Entity Structure
Decide on the legal structure of your business:
- 🏢 Private Limited Company (Ltd)
- 📈 Public Limited Company (PLC)
- 🤝 Partnership
- 🧑💼 Sole Trader
Step 2: Reserve a Company Name
🔍 Choose a unique name for your new company.
Step 3: Draft and Sign the Memorandum and Articles of Association
📝 Outline the objectives, rules, and regulations of your company.
✍️ Get the documents signed by the shareholders and directors.
Step 4: Register with the Registrar of Companies
🏛️ After signing, proceed to register your company with the Registrar of Companies of Cyprus.
After Registration:
- Apply for a Tax Identification Number (TIN)
🏷️ Required for all tax-related transactions in Cyprus.
(Apply through the Cyprus Tax Department) - Register with the Social Insurance Department
👥 Mandatory if you employ staff. - Open a Bank Account in Cyprus
🏦 A crucial step to manage your business finances.
✨ Start Your Journey in Cyprus Today!
For more information or assistance, contact us!