Corporate Secretarial services

in Cyprus

Corporate Secretarial services in Cyprus

The governing legislation for Corporate Secretarial services in Cyprus is the Cyprus Companies Law, Cap. 113. This is based largely in the English Companies Act 1948, however since Cyprus became a member of the EU in 2004, there has been a major revision of the laws to ensure compliance with European standards. The Cyprus Companies Law supports the establishment of five company categories.

They are:

  • Private and public limited liability companies
  • General and limited partnerships
  • Sole proprietorships
  • European companies
  • Branches of a foreign country

If you require our corporate secretarial services to set up or administer a company, our professional staff can assist you.

Any physical or legal person is entitled to form a company in Cyprus. The person may be of EU origin or not, however, under Cypriot law only a lawyer registered with the Cyprus Bar Association is permitted to prepare the memorandum and articles of association as well as the required declaration form for the Registrar of Companies.

TMF Corporate Secretarial Services (CY) Ltd can act as a corporate secretary for your company. We prepare and hold general meetings and make subsequent reports to the Registrar of Companies when required. We arrange all necessary documentation for company decision making processes and submit any reports to the Registrar of Companies. We can keep your corporate file and registers in the proper and required order.

Management and Domiciliation

Re-domiciliation is the reallocation of a jurisdiction of incorporation which refers to the transfer of a company seat of incorporations into or out of the jurisdiction. Cyprus is one such jurisdiction which allows re-domiciliation into and out of Cyprus. TMF Group Cyprus provides a wide range of services relating to domiciling and managing companies locally.

The reasons for re-domiciliation into Cyprus are extensive. They include:

  • A corporate tax rate of 12.5% - the lowest in Europe
  • Tax-exempt dividend income
  • No withholding taxes on payments of dividends and interest
  • No taxation on profits from the sale of securities or foreign permanent establishments
  • No taxation on the liquidation of a Cypriot company
  • Extensive tax treaty network

We provide a registered address in Cyprus for our clients and their companies. Companies shall house all corporate records and documents at the registered office - this ensures our companies have a reputable Cypriot domicile for the receipt and handling of all formal company correspondence. We offer mail processing services for this purpose.

We offer director services, where TMF Management Limited can be appointed as a corporate director or personal director of your company, and we can provide the necessary number of directors on a board.

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