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Setting Up a Limited Company in Cyprus
A crisp walkthrough of incorporation: name approval, memorandum & articles, UBO Register, VAT and Social Insurance, plus post-incorporation essentials.
After these several years of working in law firms. This decision was driven by a the ability to shape my own practice, and the opportunity to provide personalized services to my clients.
Build Your EU Presence in Cyprus
Set Up Your Company with Expert Legal Guidance
Your Cyprus Company Journey With Me
Personal guidance through every milestone
1
Name Approval
Company name search & pre-approval
2
Legal Structure
Memorandum drafting, directors & share allocation
3
Registration
Filing with Cyprus Registrar
4
Ready to Operate
VAT & Tax registration, certifications, bank setup
5
Scale Globally
Amazon FBA, Microsoft Partner & more
Government Fees (Stamps) for Incorporation
Founding Actual Costs
- Registration of the Company fee – €105 (€205 Fast Track)
- HE1 submission – €20
- HE2 (Registered office) – €20
- HE3 (First Directors & Secretary) – €20
- Name application – €10 (€30 Fast Track)
- Stamp duty – €53 (for €1,000 share capital)
Total (standard): €328 | Total (Fast Track): €528
Certifications
Most certificates cost €20 or €40 (Fast Track). Greek and English are treated as separate certificates if you need both.
- Certificate of Incorporation – Free first issue (Greek only); thereafter €20 (€40 Fast Track)
- Certificate of Directors & Secretary – €20 (€40 Fast Track)
- Certificate of Shareholders – €20 (€40 Fast Track)
- Certificate of Registered Office – €20 (€40 Fast Track)
- Exception: Memorandum & Articles (copy) – €60 (€80 Fast Track)
Fast Track processing
Opting for Fast Track increases filing and certificate charges. As a rule of thumb, the cumulative government fees for a basic setup are €328 (standard) or €528 (Fast Track).Whether the extra €200 is worth it depends on how quickly you need the company operational.
Language of the MAA (Memorandum & Articles of Association)
Core requirement. The legally binding MAA is in Greek and must be filed in Greek under the Companies Law (Cap. 113).Registrar guidance requires the memorandum and articles, duly signed, in the Greek language for the proposed company type.
Optional English filing. You may additionally file an English version of the MAA. This is optional and carries a separate government fee of €300.Tailored Solutions for Every Business Need
Launch
Essential Formation
Company name approval & reservation
Memorandum and articles of association
Director & Secretary appointment
Share allocation & certificates
Registration with Cyprus Registrar
All incorporation certificates
Most Popular
Kickstart
Ready to Operate
Everything in Launch
Tax & VAT registration
UBO compliance submission
Social Insurance filing
Accelerate
Annual Care Package
Everything in Kickstart
Annual compliance monitoring
Corporate resolutions drafting
Essential legal templates (NDA, Employment)
Deadline reminders & filing
Quarterly compliance reviews
Dominate
Premium Advisory
Everything in Accelerate
Trademark registration support
Strategic business consulting
Out-of-court dispute resolution & crisis management
Global platform integration
Free tier phone & email legal advising
Additional services to complete your business setup
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Anchor+
Registered office address and mail handling
Why Partner With Me
Where Legal Expertise Meets Business Innovation
I don’t just register companies—I architect international business infrastructures. With a unique blend of business administration, technology expertise, and legal precision, I help Cyprus companies integrate seamlessly with global platforms that traditional lawyers don’t even understand.
Business DNA, Legal Precision
Before called to the Bar in 2020, I co-founded and led Fresset Ltd, a boutique digital marketing firm where I was responsible for steering day-to-day operations, coordinating teams, and reporting directly to the rest shareholders. This first-hand business leadership means I understand your challenges from the inside—not just from legal textbooks. When you explain your business model, I don’t just hear legal requirements. I see operational workflows, revenue streams, and growth opportunities. This perspective transforms routine company formation into strategic business architecture.Global Platform Integration Expert
Cyprus incorporation is just your first step. The real value comes from accessing global markets through platform economies. While other lawyers stop at registration certificates, I guide you through the complex legal frameworks of international business platforms. From marketplace compliance to subscription business models, from intellectual property protection to cross-border data flows—I speak the language of modern digital business.Your Gateway to Global Platforms
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Amazon FBA
Global fulfillment & marketplace compliance
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Amazon Brand Registry
IP protection across marketplaces
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Google Merchant Center
Product feed compliance & advertising law
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Apple App Store Connect
Mobile app distribution & monetization
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Microsoft Partner Programm
B2B enterprise solutions & licensing
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Microsoft NGO
Programm
Non-profit technology
access
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Printify
Design-on-demand fashion – custom apparel & accessories without inventory
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NAS.io
Creator economy & community monetization
These aren’t just platform names—they’re strategic business channels that require specific legal structures, compliance frameworks, and operational setups. Whether you’re a fashion designer targeting Amazon’s Brand Registry, a tech consultant pursuing Microsoft partnerships, or a creative entrepreneur exploring design-on-demand models, I ensure your Cyprus company is optimized for your specific platform strategy.
With Trusted Accounting Partner
Accounting, VAT, Payroll & Tax Support – Powered by 
Nicos Strouthos, FCCA
Founder & Managing Director
S&S Econstar Ltd
When it comes to Cyprus company formation, legal setup is only half the battle. That’s why I’ve partnered with ECONSTAR—a boutique accounting firm led by Nicos Strouthos, with over 20 years of experience and former roles at Grant Thornton, KPMG Cyprus and EXSUS Group.
ECONSTAR offers hands-on, high-trust accounting and tax services to founders, solopreneurs, and SMEs. Their team takes on new clients by referral, ensuring personalized care, fast response times, and rigorous compliance.
Core Services: Personal & Corporate Tax, Payroll, VAT Filings, Bookkeeping, Audit & Assurance.
Through our partnership, your company receives continuous support—not a white-label add-on but a real relationship with professionals who care.
Email: econstar@econstar.com.cy
Phone: +357 99564761
Real-World Experience That Matters
My approach is shaped by genuine business experience. I’ve navigated the complexities of international outsourcing, dealing with cross-border VAT implications when our firm engaged Indian developers—learning firsthand how global digital services intersect with local tax regulations. Through academic research including published works on international tax law and market dynamics in app stores, combined with practical experience handling trademark disputes against patent trolls and resolving complex employment transfers under EU directives, I bring both theoretical depth and practical problem-solving to your business. As a legal researcher for the Central Bank Cyprus and GDPR reporter for Noyb (by legal activist Max Schrems), I stay at the forefront of regulatory developments that affect modern businesses. This isn’t just about knowing the law—it’s about anticipating how regulations will impact your business model and platform integrations.Understand More – Companies & Corporate Governance
Skim the summaries below and jump to full guides and white papers.
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Cyprus Trademark Registration Services
Clearance search, Nice classification, filing and prosecution—with EUIPO and Madrid options, plus practical tips to minimise refusals.
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Tax Efficiency for Cyprus Companies
High-level roadmap covering IP Box, NID, double tax treaties and reorganisations, with substance considerations and common pitfalls for non-specialists.
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Streamline Your Business Setup
Registered office, KYC/AML packs and managed compliance tied into a single, sequenced workflow to cut delays and back-and-forth during launch.
Advanced topics
- Non-Executive Directors board independence, oversight
- Open Texture of International Tax Law (Greek Language) indeterminacy, treaty interpretation
- Chairman & CEO Role Separation monitoring benefits, trade-offs
- Agency vs Stakeholder Theory checks & balances
- EU Radio Equipment Directive (RED) security shift, market impact
Contact
Questions?
Law Office of Panayotis Yannakas
37 Annis Komninis, 6th Office (2nd Floor), Nicosia, PC 1061, Cyprus
Phone: +357.22035352 Email: panayotis@yannakas.me