Company Formation & Managment

Company Formation

Jurisdictions
Even though we are a Cyprus based law firm, we undertake company registration in most jurisdictions all over the world. Such jurisdictions include:

• All EU countries • Switzerland • Bahamas • Barbados • British Virgin Islands • Cayman Islands • Dubai • Guernsey • Hong Kong • Isle of Man • Jersey • Mauritius • Nevis • Australia • Panama • Delaware • United States • Seychelles

Cyprus Company
According to the legislation, Cyprus companies are incorporated by practicing lawyers who are members of and regulated by the Cyprus Bar Association.

Main features of a Cyprus company

  • Company's structure (information about directors, shareholders, secretary, registered office) forms part of a public record at the Company's Registrar but if anonymity is required, it may be preserved through trustee/ nominee services offered by our company with regards to shareholders, directors, secretary.
  • At least one shareholder and one director are required who may be a corporate entity or a physical person either Cyprus resident or abroad.
  • Facility to have more than one class of shares (e.g. dividend shares, shares with voting rights, shares relating to specific property etc).
  • Audited annual financial accounts required by locally registered qualified auditors.
  • Cyprus Company Law is to a great extent based on the U.K. 1948 Companies Act.
  • Registered office is required, which may be provided by our company.
  • No minimum share capital. Share capital could be in any currency.
  • Memorandum & Articles of Association required.
  • No bearer shares are allowed.
  • One secretary is required.

Shelf Companies – Pre-approved Cyprus Company names

We maintain a number of shelf companies for clients who want to proceed with a transaction immediately. If trustee/nominee services will be required, opening of bank accounts, tax registration and VAT registration may be effected immediately. If not, then, changes in the company's shareholders, directors, secretary and registered office may be effected immediately but some time will pass before the new certificates are received by the Company's Registrar. We maintain a number of pre-approved Cyprus company names as well, in order to save time for incorporating a new company. If none of the above is required then it takes approximately 3 – 4 days to have the name approved and approximately an additional 10 days before the company is registered.

Company Administration

Company administration is offered through a licensed and regulated 100% subsidiary company of our law firm, The Golden Trust House Co. Ltd.

  • Trustee shareholder and director services, are offered for clients who wish anonymity and/or want to avoid traveling to Cyprus to exercise the control and management of the company. The beneficial shareholder is 100% secured not only because of our good reputation but because of the trust deeds and several other documents issued by our office.
  • Preparation of minutes of board of directors meeting or other meetings.
  • Notarization, certification, apostil and legalization of documents.
  • Registered office address to satisfy local statutory requirements.
  • Handling and supervision of banking transactions of any nature.
  • Domain names, websites, e-mail accounts.
  • Subscription & Shareholders' Agreements.
  • Organization of annual general meetings.
  • Keeping the registry and company books.
  • Telephone/fax lines and call answering.
  • Corporate management of company.
  • Mail handling and forwarding.
  • Other secretarial services.
  • General trustee functions.
  • Translation of documents.
  • Placing/receiving orders.
  • Handling transit goods.
  • Sales invoice issuance.
  • Personal recruitment.
  • Legal Due Diligence.
  • Secretarial services.
  • Escrow functions.
  • Payroll services.
  • Office facilities.
  • E-mail.