Yes, a company name can be changed by passing a special resolution at a general meeting and filing the necessary forms with the Registrar of Companies. The new name must also be approved to ensure it’s unique.

Cyprus does not impose a minimum share capital for private limited companies; however, it is common to issue an authorized share capital of €1,000 divided into shares of €1 each for simplicity.

Yes, once the company is incorporated and you have all statutory documents, you can open a corporate bank account. Banks will require proof of identity for directors and beneficial owners, as well as proof of business activity.

Dissolution can be done via members' voluntary liquidation if solvent, or strike-off if there are no outstanding liabilities. This involves filing relevant forms and passing a resolution with the shareholders.

Yes, a Cyprus company can be owned by another legal entity, including foreign corporations. The ultimate beneficial owner must be disclosed for regulatory and tax purposes.

You need a copy of your passport, proof of address (utility bill or bank statement), and completed application forms. Specific requirements may vary based on company type.

Fees include government registration fees, our service charges, and any additional statutory costs. We provide a detailed quote upfront with no hidden charges.

No, non-residents can form a company in Cyprus.

To register a Limited Liability Company (LTD) in Cyprus with foreign ownership, the following steps are required:
- Company Name Approval
- Shareholders: A minimum of one shareholder is required, who can be a natural or legal person of any nationality.
- Directors and Secretary: At least one director and one company secretary must be appointed. These individuals can be of any nationality.
- Registered Office: The company must have a registered office address in Cyprus.
- Memorandum and Articles of Association: Prepare and submit these foundational documents, outlining the company's objectives and internal regulations.
- Tax and Social Insurance Registration: Register with the Cyprus Tax Department and the Social Insurance Services if the company will employ staff.

The incorporation process typically takes 10–15 working days, assuming all required documentation is in order.

Ongoing compliance requirements for a Cyprus LTD include:
- Annual Returns
- Financial Statements
- Tax Filings
- VAT Compliance

As a company director in Cyprus, your legal duties and liabilities include:
- Fiduciary Duty: Acting in good faith and in the best interests of the company.
- Duty of Care and Skill: Exercising reasonable care, skill, and diligence in your role.
- Compliance: Ensuring the company adheres to all statutory obligations, including accurate record-keeping and timely filings.
Directors can be held personally liable for breaches of duty, leading to civil or criminal consequences, including fines or imprisonment.

There are no specific residency or nationality requirements for directors in Cyprus. However, for tax residency purposes, it's advisable that the majority of board meetings are held in Cyprus, and that a majority of directors are residents, to establish management and control within the country.

Cyprus imposes a uniform corporate tax rate of 12.5% on the worldwide income of resident companies. A company is considered tax resident if its management and control are exercised in Cyprus. Non-resident companies are taxed only on income sourced within Cyprus.

The standard VAT rate in Cyprus is 19%. Services provided to clients within Cyprus are subject to this rate. For international clients:
- Business-to-Business (B2B) Services: Generally, if the client is a business located outside Cyprus, the place of supply is deemed to be the client's location, and Cypriot VAT may not be applicable.
- Business-to-Consumer (B2C) Services: If the client is a non-business individual outside the EU, Cypriot VAT does not apply. For clients within the EU, VAT rules can vary, and it's advisable to consult with a tax professional to determine the correct application.

Cyprus does not impose withholding tax on dividends paid to non-resident shareholders. However, tax implications in your home country will depend on its tax laws and any double taxation treaties in place with Cyprus. It's recommended to consult with a tax advisor familiar with both jurisdictions to ensure compliance and optimize tax efficiency.