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.
I'm a licensed Cypriot lawyer, and by law (Advocates Law, Cap. 2, Art. 11(5)) only a licensed lawyer may prepare and file a company's incorporation documents here; accountants and other agents cannot do this independently. This page belongs to my private practice, licensed by the Cyprus Bar Association, and is not a government website.
I am not affiliated with the Cypriot Registrar of Companies and Intellectual Property, and this page does not represent any government authority.
Personal guidance through every milestone
These are the official statutory fees payable to the Department of the Registrar of Companies and Intellectual Property of the Republic of Cyprus. Cyprus law requires a licensed advocate to prepare and file these documents, so I collect and remit these amounts to the Registrar on your behalf. My own fees are quoted separately, based on your specific requirements and needs.
| Description | Standard | Fast Track |
|---|---|---|
| Name approval | €10 | €30 |
| Stamp duty (1) | €49 | €49 |
| Registration of the Company fee | €105 | €205 |
| HE1 | €20 | €20 |
| HE2 (Registered office) | €20 | €40 |
| HE3 (Directors & Secretary) | €20 | €40 |
| Total | €224 | €384 |
(1) Capital duty for €1,000 share capital.
| Certificate | Standard | Fast Track |
|---|---|---|
| Certificate of Incorporation (1) | €20 | €40 |
| Certificate of Directors & Secretary | €20 | €40 |
| Certificate of Shareholders | €20 | €40 |
| Certificate of Registered Office | €20 | €40 |
| Memorandum & Articles (copy) | €60 | €80 |
(1) First issue free (Greek only). Greek and English count as separate certificates if you need both.
Opting for Fast Track increases filing and certificate charges. As a rule of thumb, the cumulative government fees for a basic setup are €224 (standard) or €384 (Fast Track).
Whether the extra €160 is worth it depends on how quickly you need the company operational.
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.
Essential Formation
Ready to Operate
Annual Care Package
Additional services to further cover your needs
Immigration services, visa support, and residence permits
GDPR support, RED & DAC7 Compliance, privacy policies, and e-shop compliance
Outsource your legal advisor role with on-demand expertise
Registered office address and mail handling
Where Legal Expertise Meets Business Innovation
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.
Accounting, VAT, Payroll & Tax Support – Powered by 
Founder & Managing Director
S&S Econstar Ltd
From the Business Arena to the Architecture of Law
My legal thinking was shaped by real business friction. Before joining the Cyprus Bar Association in 2020, I co-founded and ran a boutique digital marketing firm.
In 2012 the company was acquired by an IT group. I stayed on as an executive, now reporting to the board of the new parent company. Our core product ran on a database with tables exceeding 2,000,000 records, and the platform saw connections from up to 300,000 unique IP addresses every month. In 2008, when managed hosting was not yet mainstream, the only provider willing to give us bare-metal infrastructure with a built-in hardware firewall was Rackspace US, Inc. Every upgrade meant a lengthy negotiation with the account manager, since it involved changes to physical equipment, with everything that implied for turnaround time.
That experience prepared me for the next challenge: international outsourcing. I decided to hand a software project to an Indian company, and together with our accountant we recorded the transaction on a cash basis to reflect reality without breaching the ministerial decisions then in force on non-deductible expenses. The tax authority ultimately disallowed the deduction on the dated reasoning that I had never travelled to India, which meant tax and a penalty, but the project still worked out: the final cost stayed 30% below the various quotes from European professionals.
My studies in Business Administration, combined with this first-hand market experience, later found academic and research depth in law, with publications on the indeterminacy of international tax law and on market dynamics in app stores.
My work as a legal researcher for the Central Bank of Cyprus, and as an analyst on GDPR matters for Noyb (Max Schrems' organisation), kept me close to the leading edge of regulatory developments. That theoretical grounding soon turned into hands-on legal practice: representation in trademark disputes against international patent trolls, and resolving demanding employment transfers under EU directives.
In the information age, simply knowing the law is a given. What matters is the ability to anticipate, early, how upcoming regulation will affect your business model and your company's technology integrations.
Skim the summaries below and jump to full guides and white papers.
A crisp walkthrough of incorporation: name approval, memorandum & articles, UBO Register, VAT and Social Insurance, plus post-incorporation essentials.
One application for unitary protection across all 27 EU Member States: clearance, Nice classification, filing and the opposition window, with Madrid and seniority options.
High-level roadmap covering IP Box, NID, double tax treaties and reorganisations, with substance considerations and common pitfalls for non-specialists.
Check a proposed name against the Registrar before you file: similarity, restricted words and the consents you would need, plus name suggestions.
Advanced topics
37 Annis Komninis, 6th Office (2nd Floor), Nicosia, PC 1061, Cyprus
Phone: +357.22035352 Email: panayotis@yannakas.me