The official rules that apply
- The Business Facilitation Unit came into force on 01/01/2022; the Business Support Center started operating on 26/05/2025 as its successor with expanded responsibilities.
- A company qualifies as having foreign interests if third-country shareholders hold over 50% of capital, or if a minority third-country shareholder's stake is worth at least €200,000.
- Registered companies get a simplified, faster process for recruiting skilled third-country staff via the Civil Registry and Migration Department.
- Until 31.12.2026, companies of foreign interests may employ any number of highly skilled third-country nationals without a labour market test, subject to basic requirements.
Registration basics in Cyprus
| Company type | Private company limited by shares |
|---|---|
| Registry | Department of Registrar of Companies |
| Government filing fee | €165 — €165 with share capital (€235 without); +€100 for accelerated processing. |
| Registration time | The registry offers an accelerated procedure for €100 but does not state a day count. |
| Resident director | At least one director and one secretary, each 18 or older; the official page states no residency requirement. |
| Visit, notary or lawyer | A Cyprus lawyer signs and swears the statutory declaration (HE1) before the court; the memorandum and articles are in Greek. |
| Registered address | A registered office in Cyprus is notified on form HE2. The registry does not address virtual offices. |
| Minimum capital | No minimum |
| Corporate tax | Corporate income tax 15% from 1 January 2026 (was 12.5%). |
| Every year | Annual company fee of €350, due by 30 June. |
Full step-by-step guide: company registration in Cyprus.
Sources
- gov.cy, checked 27 September 2026
- gov.cy, checked 27 September 2026
- gov.cy, checked 27 September 2026
- gov.cy, checked 27 September 2026