Quick Answer

Opening a Cyprus company (Ltd) takes 3 to 7 business days and can be done entirely remotely. The setup covers company registration, a business bank account with an EU IBAN, VAT registration, and Non-Dom tax status. Corporate tax is 15% and dividends carry 0% income tax under Non-Dom, for an effective rate of around 5%.

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Open a Company in Cyprus

We set up your Cyprus Ltd end to end — company registration, business bank account, VAT and Non-Dom tax setup — done remotely, usually in under a week. One team, from your first question to a company that can invoice clients.

Cyprus Company Formation

15%
Corporate tax — one of the lowest in the EU
~5%
Effective tax rate on profits under Non-Dom
3–7 days
To register your Ltd with the Registrar
100% remote
No need to travel to Cyprus to set up

Cyprus Company Formation

Every setup is different

Tell us your situation and we send you a tailored quote and plan — company, bank account and tax setup included. No obligation.

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What's Included

Company Registration (Ltd)

Name approval, Memorandum & Articles of Association, registered office, and filing with the Cyprus Registrar of Companies. Handled with our licensed local partners.

Business Bank Account

Revolut Business setup with an EU IBAN in 24–48h so you can invoice clients immediately, plus a local bank account if your business needs one.

Tax & Non-Dom Setup

Tax Identification Number, VAT registration where required, and Non-Dom election so your dividends are taxed at an effective rate of roughly 5%.

Accounting & Compliance

Introduction to a vetted English-speaking Cyprus accountant who handles your annual accounts, VAT returns, and director payroll.

How It Works

From first call to an operating company in three steps.

01

Tell us about your setup

A short consultation to understand your business, where you pay tax today, and whether you qualify for Non-Dom. We send you a tailored plan and quote.

  • Free, no obligation
  • Non-Dom eligibility check
02

We form your company

We register your Ltd with our licensed local partners, arrange the registered office, obtain your TIN and VAT number, and set up your business bank account.

  • Registered in 3–7 business days
  • Bank account with EU IBAN
03

Start operating

Your company can invoice clients, your Non-Dom status is in place, and a vetted accountant handles your ongoing VAT, accounts and director payroll.

  • Invoice clients immediately
  • Accountant handles compliance

What Determines Your Cost

There is no single price for a Cyprus company because every setup is different. Your quote reflects what you actually need:

  • Company registration — government filing fees, Memorandum & Articles of Association, and registered office for the first year.
  • Structure — a simple one-director Ltd is cheaper than a multi-shareholder or holding structure.
  • Banking — Revolut Business is fast and low-cost; a traditional local bank adds compliance work.
  • Ongoing — annual accounting, audit and VAT are separate from formation and quoted upfront so there are no surprises.

Send us your situation and you get a clear, itemised quote before you commit anything.

How much does it cost to open a company in Cyprus?
It depends on your structure and what you need. A simple one-director Ltd costs less than a multi-shareholder or holding structure, and banking and ongoing accounting are quoted separately. Rather than a misleading headline figure, we send you an itemised quote covering registration, registered office, banking and first-year accounting so you know the full cost before committing.
How long does it take to set up a Cyprus company?
Registration with the Cyprus Registrar of Companies typically takes 3 to 7 business days once your documents are ready. Your business bank account (Revolut Business) can be operational within 24 to 48 hours, so most clients can invoice clients within about a week of starting.
Can I open a Cyprus company remotely, without living in Cyprus?
Yes. The entire formation process is done remotely — you do not need to travel to Cyprus to register the company or open a Revolut Business account. Becoming a Cyprus tax resident (to benefit from Non-Dom personally) is a separate step and does require spending time in Cyprus under the 60-day or 183-day rule.
What tax will my Cyprus company pay?
Corporate tax is a flat 15% on company profits. As a Non-Dom resident director you pay 0% income tax on dividends (only 2.65% GHS), which brings the effective tax rate on your business profits to roughly 5% — one of the lowest legal setups in the EU.
Do I need a Cyprus bank account for my company?
Yes. We set up a Revolut Business account with a full EU IBAN as part of formation — fast, online, and enough for most businesses to invoice and get paid. If your business specifically needs a local Cypriot IBAN, we can also arrange a traditional bank account, which takes longer due to compliance checks.
Do you also handle VAT and ongoing accounting?
Yes. We register your company for VAT where required and introduce you to a vetted, English-speaking Cyprus accountant who handles your annual accounts, audit, VAT returns and director payroll. This is quoted upfront so there are no surprises after formation.
Is this legal or tax advice?
The legal registration of your company is carried out by licensed Cyprus partners, and your filings are handled by a licensed accountant. We coordinate the whole process and share our first-hand experience of setting up in Cyprus. For formal legal or tax opinions, you work directly with those licensed professionals.

Part of Your Cyprus Setup

Business Bank Account → Find an Accountant → Non-Dom Tax Status → Company Formation Guide →

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