Consultants & Services

Member of ILS International Legal Services

INTERNATIONAL BUSINES COMPANY IN

CYPRUS
GENERAL INFORMATION
Political stability Excellent
Double taxation treaty access Yes
Corporate taxation 10%

COMPANY
Type of entity Private, International Business Company
Type of law Common
Cannot undertake to the business of banking, insurance
or the rendering of financial services to the public unless
special permission is granted. Companies cannot trade
with resident individuals or companies situated in
Authorized activities
Cyprus other than in relation to the maintenance of
premises, banking and professional services, unless
they have special permission from the Central Bank of
Cyprus.
Registered local agent Compulsory
Shelf/ready made companies Yes
Language used for documents English and Greek

DIRECTORS

Eligibility Every individual or company about is its nationality

Minimum number of director One. Can be individual or company
Public accessible records Yes
Place of residence of the director Can live all over the world
Obligation to have a local director No
Nominee Director Available Yes
Location of general meeting Anywhere in the world

COMPANY SECRETARY
Compulsory secretary Yes
Obligation to have a local secretary No
Available local secretary Yes

IL Consultants & Services Ltd. Phone + 852 3104 2811

Suite 1905, St George Building Fax + 852 3104 2813
2 Ice House Street, Central, Hong Kong mail : mail@ilconsultants.com
 Consultants & Services
Member of ILS International Legal Services

SHAREHOLDERS

Minimum number of shareholders One

Maximum Number of shareholders Fifty

Eligibility Every individual or company about is its nationality
Paying public register. Possibility of appealing to
Disclosure in the Authorities and in the public
nominees
Available Nominee Shareholder Yes

SHARES
Minimum number of shares One
Maximum number of shares Unlimited
Bearer shares Not authorized
Registered shares of par value, preference shares,
Category of authorized shares redeemable preference shares and shares with no
voting rights

SHARE CAPITAL

Authorized currencies EUR

Minimum issued EUR 1,000

Usual authorised EUR 5,000

ADMINISTRATION AND ACCOUNTING

Accounting Compulsory

Audit requirements Yes

Local Auditor Yes

Public accessible accounts No

BANK ACCOUNT
Location of the bank account Can be located anywhere
Bank Account in Cyprus possible Wes
Internet banking Yes
Exchange control No

IL Consultants & Services Ltd. Phone + 852 3104 2811

Suite 1905, St George Building Fax + 852 3104 2813
2 Ice House Street, Central, Hong Kong mail : mail@ilconsultants.com