Cyprus company formation

An EU company at 15%, and 0% on your dividends

Cyprus charges no tax on dividends paid to an owner living abroad, and a flat 8% on crypto gains. Ours is €1,890 a year, with registered office, secretary and the yearly accounts review inside, run from anywhere.

Formed through a Cyprus lawyer and licensed provider. No visit.
  • €1,890 a year, all in
  • Accounts review included
  • Nothing charged until you sign
15%Company tax since January 2026
0%On dividends to an individual owner living abroad
8%On gains from selling crypto
EUA member state, with no stamp duty since 2026
01What you keep

Cyprus company tax after the 2026 reform

New rules took effect on 1 January 2026, and plenty of pages still show the old 12.5%. Type a profit and see the trip to your pocket. Every rule that changed is in our Cyprus tax guide.

€
It comes from
Who owns the company

Every company formed in Cyprus now counts as tax resident there unless a tax treaty says otherwise. Cyprus' answer isn't the last word: the country where you live may tax what you receive, or claim the company if you run it from there.

02The catch

Every Cyprus company needs its accounts checked each year

Even a dormant one. That's the real yearly cost of Cyprus, and most small companies qualify for the lighter review, which we include.

The review limits rest on the 2026 guidance from Cyprus accounting firms. Claiming the IP box, notional interest or group relief may mean a full audit. We'll confirm yours before you order.

03Who can see what

What it costs to look up a Cyprus company

Cyprus isn't a private registry: shareholders are public, for the price of a €10 search. If that matters to you, a BVI company fits better.

Free
Basic search

Company name, status, directors, secretary and registered office.

€10
Detailed search

Shareholders with their history, and documents the company has filed.

Closed
The owner register

Who really owns the company. Open to authorities and regulated firms such as banks, not the public.

04Your first dates

Cyprus annual return, owner check and tax return: your dates

Your first annual return isn't due for 18 months. Pick your start month and we'll list what's coming, in order.

    05Crypto

    A Cyprus company for crypto: 8%, and where licensing starts

    Since 2026 gains from selling crypto are taxed at a flat 8% for any person, company or individual. Compare how other places tax it.

    Taxed at 8%Selling, swapping or spending crypto

    A sale, a token swap, a gift or using it to pay all count. Mined coins are excluded.

    Keep in mindLosses don't travel

    Crypto losses only offset crypto profits in the same year. They can't carry forward or reduce other income.

    MiCA licence firstServing clients

    Exchange, custody or transfers for others need EU authorisation. Cyprus' transition ended on 1 July 2026. Trading the company's own money doesn't.

    06The whole bill

    Cyprus company formation cost, one yearly number

    The Registrar's fees are tiny. The real cost is the office, secretary, bookkeeping and review, so we priced them together.

    Year one

    Registrar feesAt cost: €165 registration and €10 name approval€175
    HeirsonLawyer's filing, registered office, company secretary, tax number, owner register filing, bank account set up with you€1,715
    You pay€1,890

    Every year after

    Annual return feeAt cost, form HE32€20
    HeirsonRegistered office, company secretary, accounts and review for a small company, tax return, owner register check, reminders€1,870
    You pay€1,890
    Express registration+€100The Registrar's own charge
    Full auditQuoted firstAbove the review limits
    VAT registrationQuoted firstNeeded for most services to EU businesses

    Add a nominee to your Cyprus company if you want one, never to hide an owner from banks or authorities. How nominees work.

    Nominee directorUS$620 a yearA licensed professional on the public record; you stay the owner
    Nominee shareholder€350 a yearHolds the shares on trust for you, with a declaration of trust you keep

    Cyprus Registrar of Companies fees, November 2026. The €350 annual levy some pages still mention was abolished from 2024. Our yearly price is about 30% below the €2,700 low end of published running costs (November 2026).

    Questions

    Cyprus company questions, answered

    Weighing Cyprus against another EU company? See Malta and Estonia, or compare any two places with the compare tool. To look up an existing Cyprus company, use our Cyprus company search guide.

    How much does it cost to set up a company in Cyprus?
    With Heirson, €1,890 a year, every year. Year one is €175 in Registrar fees plus our €1,715. After that it's the €20 annual return fee plus our €1,870, with the office, secretary, accounts, review and tax return included.
    What is the corporate tax rate in Cyprus?
    15%, up from 12.5% since 1 January 2026. Qualifying IP profit can fall to about 3% through the 80% IP box, and gains from selling crypto are taxed at 8%.
    Do non-residents pay tax on Cyprus dividends?
    An individual owner living abroad pays no Cyprus tax on dividends. It's different for a related company in a low tax place (5%) or on the EU's list (17%). Your own country may still tax what you receive.
    Can a foreigner own a Cyprus company?
    Yes. One director and one shareholder are enough, and no residence rule applies to either. A secretary is required, and a sole director can fill that role only when there is also a single shareholder.
    Does a Cyprus company need an audit?
    Accounts must be audited or reviewed every year, even for a dormant company. A company under €300,000 turnover and €500,000 assets for two years can use the lighter review, which our price includes.
    Are shareholders of a Cyprus company public?
    Yes. A €10 detailed search shows shareholders and their history. Directors, the secretary and the registered office are free to see. The beneficial owner register is closed to the public.
    Is there still an annual levy in Cyprus?
    No. The €350 levy was abolished from 2024. Unpaid levies from 2012 to 2023 can still catch older companies, which is one reason to be careful with ready-made shelf companies. Every yearly fee, date and penalty: Cyprus annual fees and filings.
    How long does it take to register a company in Cyprus?
    Usually one to two weeks, including name approval. Express registration at the Registrar costs €100 more.
    How is crypto taxed in Cyprus?
    Gains from selling, swapping, gifting or spending crypto are taxed at a flat 8%, and losses only offset crypto gains in the same year. Serving clients with crypto needs an EU licence under MiCA.
    Can I open a bank account for a Cyprus company?
    Yes, in Cyprus or elsewhere. It's part of what we do: we gather what the bank wants and apply alongside you. The bank has the final word, and it almost always goes through. Bank fees, documents and the bank or payment account choice are in our Cyprus company bank account guide.
    Ready to go

    An EU company, with one number for the whole year.

    €1,890 a year, covering the office, secretary, accounts and review. Crypto is how you pay, after signing.

    Cyprus company€1,890 a year, all inStart