Choose a Business Structure: Decide on the type of legal entity you want to establish. Common options include a private limited liability company (Ltd), a public limited liability company (PLC), a partnership, or a branch of a foreign company

Reserve a Company Name: You need to ensure that the name you choose for your company is unique and not already registered by another entity. You can check the availability of your desired company name through the Cyprus Registrar of Companies

Appoint Directors and Shareholders: Determine who will be the directors and shareholders of the company. Cyprus allows for a single director/shareholder, who can be of any nationality

Prepare Incorporation Documents: Prepare the necessary documents for company incorporation, including the Memorandum and Articles of Association. These documents outline the company's objectives, rules, and regulations

Registered Office Address: You must have a registered office address in Cyprus, which will serve as the official address for receiving correspondence from authorities and other entities

Company Secretary: Appoint a company secretary. This can be an individual or a corporate entity and is responsible for administrative tasks and ensuring compliance with statutory requirements

Share Capital: Determine the share capital of the company. Cyprus does not have a minimum share capital requirement for private limited companies

Submit Application: Submit the incorporation documents, along with the required forms and fees, to the Cyprus Registrar of Companies. You can do this online or through a registered agent

Obtain Certificate of Incorporation: Once the Registrar approves the application and verifies all documents, they will issue a Certificate of Incorporation. This document confirms the legal existence of the company

Tax Registration: After incorporation, you must register the company for taxation purposes with the Cyprus Tax Department. This includes obtaining a Tax Identification Number (TIN) and registering for VAT if applicable

Bank Account Opening: Open a corporate bank account in Cyprus to manage the company's finances. You'll need the Certificate of Incorporation, Memorandum and Articles of Association, and identification documents for directors and shareholders

Compliance Requirements: Ensure ongoing compliance with regulatory requirements, such as filing annual returns, maintaining accounting records, holding annual general meetings, and fulfilling tax obligations