Cyprus - Ready Made Companies

Key Features

What are the advantages of a Cyprus Readymade?

One of the main advantages of purchasing a shelf company in Cyprus is how quick it can be done. Upon purchase you will immideiatly obtain the company number and VAT number relating to the company.

What is the most common type of Belgian company entity?

What are the most common types of Cyprus company formation?

- Company limited by shares (S.A./N.V.)

- Private limited liability company (S.P.R.L./B.V.B.A.)

Foreign companies seeking Cyprus incorporation may operate either through a subsidiary (incorporated under Belgian law) or as a branch (incorporated under the law of the country where the parent is based).

How much share capital is required to establish a company limited by shares (S.A./N.V.)?

For a subsidiary, minimum share capital is €61,500, which must be fully subscribed and paid up. For a branch, no minimum capital is required.

What are the formalities regarding Cyprus incorporation as a S.A./N.V.?

- Incorporation by deed through a notary

- Articles of association to be published in Belgian Official Gazette

- Language of documents to be French or Dutch according to city

- Two-year preliminary financial plan required

- Branch must file parent company's accounts with National Bank of Belgium

What other requirements are there for a S.A./N.V.?

- At least two shareholders, and at least three directors

- Statutory audit annually

- No residency or nationality requirements

- A local serviced office is advisable, click here for details

How much share capital is needed for a private limited liability company S.P.R.L./B.V.B.A.?

The minimum share capital for a S.P.R.L./B.V.B.A. is €18,600, of which at least €6,200 must be paid up.

What are the other features of a S.P.R.L./B.V.B.A.?

- The company has to have at least one shareholder

- This form of company admits only one director

- Shareholders are responsible only for the assets they brought into the business

What other types of Cyprus company formation are there?

The other main business entity is the European Economic Interest Grouping (EEIG) – a cross-border partnership comprising partners from European countries – no capital required, no requirements for separate financial accounts, partners taxed individually.

Cyprus Company Registration Process

Procedure to acquire a ready made company

Your chosen directors and shareholders of the new company sign official documents that allow us to make them the directors of your ready made company. We transfer the company into your power and it is ready to trade immediately.

Changing the company name of the Ready Made Company

We can also file a company name change the same day.

Appointing the new Directors

To appoint the directors of your new company you will need to sign official forms that state this. This can also be done through giving us a power of attorney to do this on your behalf.

We will be removed as directors of the company and it will be transferred over to you. You then receive the Certificate of Incorporation , Memorandum and Articles of Association of the company and the Company secretarial Forms.

Established Ready Made Shelf Companies, sometimes called old shelf or established companies, are dormant / inactive companies that were incorporated in the previous years but have never been active.

Available Cyprus Shelf Companies

Make An Enquiry

Make An Enquiry About Buying A Cyprus Shelf Company

We have a number of Cyprus shelf companies available for immediate purchase,  please get in touch with us today and we'll arrange a more detailed discussion with you regarding thecurrent availability and prices