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If you wish to incorporate a Cyprus Company, the Oxford Team can assist you with the Cyprus company formation and the opening of a Bank Account so that you can start your business immediately. Oxford also provides company administration and nominee services.
Cyprus during the past decades has succeeded to become a reputable and most favourable International Financial Centre since Cyprus is widely chosen by businessmen and entrepreneurs all over the world in order to maximise their corporate profits through an effective utilisation of Cyprus Tax system.
Cyprus has become one of the most attractive places for businesses to register Cyprus International Business Companies or IBC’s (which were previously know as “Offshore Cyprus Companies”) due to its tax benefits. The term “Offshore Cyprus Company” has been abolished in 2004 upon the induction of the Republic of Cyprus to European Union.
At least one director is necessary. The directors may be local Cypriot individuals or foreigners. It is generally advisable to appoint local directors if one wishes to have effective management and control in Cyprus. A corporate entity may act as director. Our company can provide Nominee directors.
An individual or a secretarial company must be appointed.
The registered office of the company must be in Cyprus. The registered office address is the official address of the company where the statutory books, registers, and the seal of the company should be kept. Oxford can provide both the registered office and company secretary.
Cyprus Companies need to be audited by a Cypriot firm of auditors every year in accordance with the International Accounting and Auditing Standards. Oxford can arrange for the appointment of a local auditor.
For more information about Cyprus company formation you may download our FACT SHEET No. 1 – INFORMATION ON CYPRUS INTERNATIONAL BUSINESS COMPANIES (I.B.Cs.).