Local and foreign investors may establish any of the following legal entities or businesses in the Republic of Cyprus:
- Companies (private or public);
- Partnerships (General or Limited);
- Business Name;
- European Company (SE);
- Overseas Company;
- European Economic Interest Grouping (EEIG).
Initially, except in the case of establishment of a branch of overseas company, an "Application for Name Approval" has to be submitted prior to the submission for registration for any of the above-mentioned entities (Private Company, Business Name etc.).
In "RELATED LINKS " (to the right of the text) you will find useful links to the main electronic services available through the "Electronic Filing System" of the Registrar of Companies and Official Receiver; following a Registration Process with "ARIADNI".
It is noted that for using the electronic services (e-services) of the Department of Registrar of Companies and Official Receiver (DRCOR) the user Identification Procedure (profile verification) is not applicable. The available online e-services can be found under the category "Online Services related to Companies (DRCOR)" on ARIADNI'S E-Service Catalogue.
Variable Capital Investment Company
Redomiciliation of Registered Office
Companies registered in any country can transfer their registered office in the Republic of Cyprus, provided that the legislation of the country of origin allows for such transfer. Also, the Articles of Association of the company must provide for the continuation of the company under the legal status of another approved country or jurisdiction.
Once the approved name with which the company will continue to operate in the Republic of Cyprus the following should be submitted by hand or by post, certified by a registered lawyer in the Republic of Cyprus, to the Registrar of Companies:
- Application of overseas company for its continuation in the Republic(ME1);
- Affidavit by overseas company's authorised representative (MEA);
- Total fee € 130.00 for the above documents, plus an optional €100,00 for accelerated procedure (payable in cash, cheque, deduction from an account held by the applicant in the Registrar of Companies or bank transfer).
Upon registration by the Registrar, the Temporary Certificate of Continuation of company is issued. After 6 months and with an extension of 3 months from the date of issue of the above certificate, the overseas company submits to the Registrar of Companies, by hand or post, the declaration of overseas company (ME4) and the Certificate of Continuation of Company is issued.
The registration procedure is completed within three (3) business days under accelerated procedure or within ten (10) business days under normal procedure from the date the application was duly submitted.
For further information you may contact the One Stop Shop/PSC Cyprus at tel. 22409318 or the Registrar of Companies and Official Receiver at tel. 22404483/313.
European Economic Interest Grouping (EEIG)