Take the first step towards establishing your Cyprus company with a no-obligation consultation with our formation experts. We’ll discuss your business goals, answer your questions, and outline a clear path forward for your company setup.
Transform Your Business Vision into Reality
Launch your EU business presence with Next Gen Accounting's streamlined Cyprus company formation service. Our expert team handles everything while you focus on what matters most - your business.
Strategic Advantages of Cyprus
Position your business for success with Cyprus's competitive benefits:
Start Your EU Business Journey
Transform your business aspirations into reality with a free, personalized consultation. Our formation specialists are ready to guide you through every step of establishing your Cyprus company.
In Your 1-on-1 Session:
- Custom strategy for your business needs
- Detailed cost and timeline overview
- Tax optimization opportunities
- Banking solutions discussion
- Immediate path forward
Our Efficient 4-Step Process
1.
Free Initial Consultation
2.
Secure Document Submission
3.
Fast-Track Processing
4.
Company Ready
Schedule Your Free Consultation
Transform your business administration with expert guidance. Our team at NGACY will help you navigate Cyprus’s corporate landscape and optimize your operations. Book a 30-minute discovery call to discuss your company’s specific needs and learn how we can support your success.
All-Inclusive Premium Package
What’s Included:
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Save €420 on our complete formation package
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Secure fast-track processing
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Receive full professional support
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Get all essential services included
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No hidden fees or surprises
Schedule Your Free Consultation
Transform your business administration with expert guidance. Our team at NGACY will help you navigate Cyprus’s corporate landscape and optimize your operations. Book a 30-minute discovery call to discuss your company’s specific needs and learn how we can support your success.
Company Management and Administrative Services
At Next Gen Accounting Cyprus (NGACY), we provide comprehensive Company Management and Administrative Services designed to meet the needs of businesses across a variety of industries. With a focus on efficiency and regulatory compliance, our skilled professionals handle every aspect of company administration, from registration to ongoing management.
Directorship Duties and Appointments
We provide appointment services for directors and oversee their responsibilities, helping ensure that directors meet their governance obligations effectively.
Learn moreInvoice and Financial Administration
NGACY manages the administration of invoices, banking documents, and credits, enabling businesses to maintain financial accuracy and efficiency.
Learn moreBanking Account and Transaction Management
Our team provides end-to-end banking account management, overseeing transactions and maintaining essential financial records for streamlined operations.
Learn moreSchedule Your Free Consultation
Transform your business administration with expert guidance. Our team at NGACY will help you navigate Cyprus’s corporate landscape and optimize your operations. Book a 30-minute discovery call to discuss your company’s specific needs and learn how we can support your success.
FAQs
What are the requirements to form a Cyprus company?
To form a Cyprus company, you need at least one director and one shareholder (can be the same person), a registered office address, and valid identification documents. Non-Cyprus residents are welcome to establish companies, and there’s no requirement to be physically present.
How long does the company formation process take?
With our fast-track service, your company will be fully registered and operational within 7 days from submitting complete documentation. Standard processing without fast-track typically takes 2-3 weeks.
Do I need to visit Cyprus to form my company?
No, our process is 100% remote. All necessary procedures can be completed from anywhere in the world using our secure digital platforms and courier services for original documents.
What's the minimum share capital requirement?
The minimum share capital for a Cyprus private limited company is €1,000, though it’s not required to be paid up immediately. We can advise on the optimal share capital structure for your business needs.
Can I open a bank account remotely?
Yes, we assist with bank account pre-approval and can facilitate remote bank account opening with our partner banks. However, some banks may require a video call or additional verification steps.
What ongoing compliance requirements are there?
Cyprus companies must file annual returns, maintain proper accounting records, submit audited financial statements, and file tax returns. Our team can assist with all ongoing compliance requirements through our separate maintenance packages.
Is there a minimum tax payment in Cyprus?
No, you only pay 12.5% corporate tax on your company’s net profits. If there are no profits, there’s no corporate tax to pay. However, there is an annual levy of €350 payable to the Registrar of Companies.
What happens after the first year of included services?
After the first year, you can renew the registered office and company secretary services at our standard rates. We’ll notify you well in advance and provide renewal options tailored to your needs.
Can I employ staff through my Cyprus company?
Yes, you can employ both local and international staff. Cyprus offers attractive employment frameworks and access to skilled workforce. We can connect you with our HR partners for employment solutions.
How secure is my company information?
While basic company information is publicly available as per EU regulations, we ensure all sensitive data is handled with strict confidentiality and in compliance with GDPR and local privacy laws.