Time and registration procedure
Time and company formation procedure
The registration procedure is completed within 7-8 working days and then, operation starts immediately assuring you will have a fair tax treatment on your profits without any delays or time wasting complications.
Company name
As a start we will have to apply for a company name.
The procedure is easy, fast and the name is approved in 3 working days.
We usually apply couple of name alternatives so we have more chances to be approved from the Company Registrar department.
After the name approval we apply to the Cyprus Registrar department all the relevant documentation and paperwork.
The examination of the application takes 4-5 working days and will be completed usually in 7 or 8 working days timeframe, with the issuing of all the approved documentation including the Company Memorandum and articles of association.
| Documentation needed | |
|---|---|
| Certified copy of passport or ID Certified copy or Original Utility bill as a proof of address Reference from a bank institution, lawyer or accountant for the good standing of the ultimate beneficial owners Our firm’s Questionnaire completed from the client | |
| Day 1 | |
| Application to Registrar of Companies for name approval | |
| Day 3 | |
| Name approval Completion of memorandum and hand to Registrar of Companies for approval | |
| Day 7 or 8 | |
| Issue of formation documentation: Certificate of Registration Certificate of board of directors and secretary Certificate of shareholders Certificate of office address Authentication of company Memorandum and Articles of Association Application for Registration: To tax department for Tax ID Application for bank account opening | |
| Day 10-12 | |
| Bank account opening | |
Below is an example of timeline in a time frame o two working weeks .
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