Company Incorporation in Cyprus
Formation of a Cyprus company — the proposed name is approved (€10/name), the memorandum and articles are signed in Greek, an admitted Cyprus lawyer swears the statutory declaration (Form HE1) before the court, and Forms HE1/HE2/HE3 are filed with the DRCIP for a total €165 registration fee. A private company limited by shares needs one shareholder and one director (who may also be the secretary); a public company needs seven members and two directors. 100% foreign ownership is permitted; the only compulsory local connection is a registered office in the Republic. Every Cyprus company must prepare audited IFRS financial statements regardless of size.
7–20 business days
EUR
Compare the structures
Every column is a vehicle you can actually incorporate here, and each is bought on its own terms. Every fact carries where it was read: on the authority’s own page, or — marked Indicative — on a filing platform or publication we name and link. Anything we could not read anywhere is marked Pending verification and confirmed with the authority before you pay.
| Private Company Limited by Shares (Ltd)The default vehicle for almost every Cyprus business — trading companies, EU/international holding structures and foreign-owned subsidiaries | Public Company Limited by SharesCompanies intending to offer shares to the public or list, or needing more than 50 shareholders — minimum 7 members and 2 directors | General PartnershipTwo to twenty individuals or entities carrying on business together with joint and unlimited liability (Cap. 116) | Limited PartnershipFund and investment structures needing at least one general (unlimited) partner and limited partners whose liability is capped (Cap. 116) | Branch of an Overseas CompanyA foreign company wanting a Cyprus place of business without a separate legal entity — registered under Cap. 113 Part XI | Sole Proprietorship (Business Name)A single individual trading on their own account under a registered business name (Cap. 116), with unlimited personal liability | |
|---|---|---|---|---|---|---|
| Minimum owners | 1 | 7 | 2 | 2 | 1 | 1 |
| Maximum owners | 50 | Pending verification | 20 | 20 | Pending verification | 1 |
| Minimum directors | 1 | 2 | Pending verification | Pending verification | Pending verification | Pending verification |
| Liability | limited | limited | unlimited | unlimitedmixed | unlimited | unlimited |
| Foreign ownership | Yes | Yes | Yes | Yes | Yes | Yes |
| Tax treatment | Separate legal person taxed at the corporate income tax rate (15% from 1 January 2026; was 12.5% to 31 Dec 2025). Corrob… | Same corporate income tax treatment as a private company (15% from 1 Jan 2026). | Tax-transparent: the partnership is not itself subject to corporate income tax; profits are taxed in the hands of the pa… | Generally tax-transparent (as for general partnerships); a limited partnership with share capital can be used in fund st… | A branch is taxed in Cyprus on its Cyprus-source / permanent-establishment profits at the corporate income tax rate (15%… | Not a separate taxable person - profits are taxed as the individual's income at personal income tax rates; the individua… |
| Audit required | Yes | Yes | Pending verification | Pending verification | Pending verification | Pending verification |
| Audit threshold | No turnover threshold - Cyprus requires ALL companies to prepare audited financial statements under IFRS regardless of s… | No turnover threshold - audited financial statements mandatory for all companies. | Pending verification | Pending verification | A branch must file the overseas company's documents and, depending on the parent's home regime, its accounts with the Re… | Pending verification |
| Annual compliance | Medium | High | Low | Medium | Medium | Low |
| Typical use | Cyprus holding company for EU/international groups; trading company; the standard wholly-owned subsidiary for a foreign … | Pre-listing / public-offer vehicles and larger regulated businesses. | Professional practices and family trading businesses. | Alternative Investment Fund (AIF) vehicles and holding/investment structures. | Foreign parent establishing a place of business in Cyprus as an extension of itself rather than a subsidiary. | Freelancers and single-owner micro-businesses. |
What we will need from you
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Form HE1 — statutory declaration of compliance, signed and sworn by the entrusted (admitted) Cyprus lawyer before the court
One per incorporation; incorporation is effectively lawyer-fronted because HE1 requires an admitted Cyprus lawyer.
Form HE2 — notification of the registered office address in the Republic
One per company; a real Cyprus address is compulsory.
Form HE3 — notification of the first directors and the company secretary
One per company, listing every director and the secretary. A single-member private company's sole director may also act as secretary.
Memorandum and Articles of Association — duly signed IN THE GREEK LANGUAGE, subscribed by each shareholder
The Greek-language MOA is a verified statutory filing requirement; subscribed by at least 7 members for a public company.
Form HE5 — consent of each director to act (PUBLIC companies only)
Applies to public companies; carries a €20 fee.
Identity/KYC documents for each director and each shareholder (passport, proof of address, references)
The exact per-person set is driven by the lawyer's AML/KYC duties. For a FOREIGN NATIONAL or FOREIGN BODY CORPORATE, the charter / board resolution / identity documents generally need apostille (Hague states) or consular legalisation and a certified Greek translation; the precise set and legalisation route are confirmed at quote.
Cost breakdown
Our fee and the government’s are always separate lines. Government fees are passed through at exactly what the authority charges — we add nothing to them.
| Name approval (examination of proposed name), per proposed nameVERIFIED from the DRCIP name-approval page — €10 per proposed name; +€20/name for the accelerated procedure. | €10Read at source on 2026-09-10 |
| Company incorporation — total registration fee (company with share capital), Forms HE1+HE2+HE3VERIFIED from the DRCIP incorporation-forms fee page; same €165 for online filing. A company without share capital is €235. | €165Read at source on 2026-09-10 |
| Accelerated incorporation procedure surchargeonly if it appliesVERIFIED — additional €100 for accelerated registration. | €100Read at source on 2026-09-10 |
| Public-company director-consent form HE5 (public companies only)only if it appliesVERIFIED — HE5 (€20) is the additional public-company form; not applicable to the private-ltd default. | €20Read at source on 2026-09-10 |
| Certified copies of incorporation certificates (optional add-on)only if it appliesVERIFIED — €120 where the memorandum and articles are submitted (€130 if not). | €120Read at source on 2026-09-10 |
| Partnership / business-name / overseas-branch registration feeonly if it appliesFor general/limited partnerships, sole-proprietor business names (Cap. 116) and overseas-company branches (Cap. 113 Part XI). | Confirmed before payment |
| Comriq professional fee | Fixed fee within 1 business day |
These are the authority’s published lines. Which of them apply depends on your filing — a schedule by headcount, capital or entity type is one line, not all of them — and the applicable line is confirmed before payment, at cost.
How it runs
You will see these exact stages update in your client portal as we progress.
Name Approval
File the name-approval application (€10/name, +€20 accelerated) with the DRCIP and obtain approval of the proposed name.
Greek-Language MOA Signed
Draft and sign the memorandum and articles of association, which must be duly signed in the Greek language.
HE1 Sworn Before the Court
The entrusted Cyprus lawyer signs and swears the statutory declaration (Form HE1) before the court.
Forms Filed and €165 Paid
Submit Forms HE1, HE2 and HE3 with the €165 total registration fee (accelerated +€100).
Certificate of Incorporation Issued
The Registrar issues the certificate of incorporation; certified copies are an optional €120 add-on.
Ready to start?
This one is priced to your situation — most of what we do needs a local filing agent, so we scope it rather than guess. Tell us the specifics and we come back with a fixed quote and a confirmed timeline, within one business day.
Not sure this is the right service? A paid expert call is credited against your order.
Verified September 2026
Requirements and statutory fees are set by Department of Registrar of Companies and Intellectual Property (DRCIP), Companies Section (via an admitted Cyprus lawyer) and change without notice. This page is general information, not legal or tax advice. Your engagement letter and quote are the binding documents.