CYLICON
CYLICON

Department of Registrar of Companies

Cyprus Company Registration Process

The Department of Registrar of Companies and Official Receiver (DRCOR) is the government body responsible for the registration and regulation of companies in Cyprus. Registering a company in Cyprus involves several steps that must be followed meticulously to ensure compliance with local laws.

Registration Steps

1

Name Approval

Submit company name for approval by the Registrar of Companies

2

Preparation of Documents

Prepare memorandum and articles of association

3

Filing Documents

Submit all required documentation to the Department of Registrar of Companies

4

Payment of Fees

Pay the required registration fees and stamp duties

5

Certificate of Incorporation

Receive the certificate of incorporation and company documents

Company Types in Cyprus

The Cyprus Companies Law, Cap. 113, provides for the following types of companies:

Private Company Limited by Shares

The most common type of company in Cyprus, with limited liability for shareholders up to the amount of their investment.

  • Maximum 50 shareholders
  • Restricts transfer of shares
  • Minimum 1 director

Public Company Limited by Shares

Suitable for larger enterprises that may want to list on the stock exchange or raise capital from the public.

  • No maximum shareholder limit
  • Can offer shares to the public
  • Minimum 2 directors

Required Documents

To register a company in Cyprus, you will need to prepare and submit the following documents:

  • Memorandum and Articles of Association

    The constitutional documents of the company, detailing its objectives and internal regulations.

  • Form HE1

    Application for registration of a limited company.

  • Form HE2

    Declaration of compliance with the requirements of the Companies Law.

  • Form HE3

    Notice of the registered office address.

  • Form HE4

    Details of directors and secretary.

Need Assistance with Company Registration?

Our team of experts can help you navigate the company registration process with the Department of Registrar of Companies in Cyprus, ensuring a smooth and compliant setup.

Contact Us

Timeline

The typical timeline for registering a company in Cyprus is:

  • Name approval: 3-5 working days
  • Preparation of documents: 1-2 working days
  • Registration process: 5-7 working days
  • Total time: Approximately 2-3 weeks

Registration Costs

The costs associated with registering a company in Cyprus include:

  • Name approval fee: €10-15
  • Registration fee: €105
  • Stamp duty: 0.6% of authorized capital
  • Professional fees: Varies

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