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Cyprus is an EU Member State with an Exceptionally Advantageous Tax Regime

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Cyprus Company Set Up | Uses By Individuals

Cyprus Company Formation Package

Arranging Company Formation (Ltd) & full post – incorporation structuring, including a full set of corporate documents from the Registrar of Companies

Tax Registration

VAT Registration – if applicable

Arranging the opening of a corporate bank account


Cyprus Company Set Up and Uses By Individuals

Practical Corporate Solutions for International Clients

Setting up a Cyprus company is a practical way to organise your business activities, investments or international interests within a stable and regulated EU environment. When properly structured and maintained, a Cyprus company supports effective organisation, improved risk management and smoother cross-border business operations.

At FBS Cyprus, we work with individuals to establish and manage Cyprus companies in a way that is clear, compliant and aligned with today’s regulatory expectations.

Switch to audio! Discover all the advantages of setting up your business in Cyprus on our latest Cyprus Company Set Up and Uses By Individuals podcast.

Entrepreneurs and Independent Professionals

Bringing Structure to Your Business Activities

If you are operating a business or if you are working independently across borders, a Cyprus company can provide structure and clarity to your operations.

It can support you by:

  • Separating your personal and business assets;
  • Providing a recognised EU-based corporate presence;
  • Centralising contracts, invoicing and income;
  • Strengthening your credibility with international clients and partners.

Our job is to assist you with setting up your business properly from the start and we continue providing support to you as your business expands.

Executives and Consultants

Organising Cross-Border Engagements

Many executives and consultants work across multiple jurisdictions. A Cyprus company formation can be used to organise certain types of professional engagements in a structured way.

This may help with:

  • Managing consultancy or advisory agreements;
  • Streamlining invoicing and income management;
  • Meeting international reporting and compliance expectations.

These arrangements need careful consideration, particularly around employment status, director remuneration, tax obligations and substance requirements.

We are here to guide you through these points to ensure that everything is correct.

Creative Professionals and Athletes

Managing International Income with Clarity

Entertainers, authors and athletes often deal with contracts and income from different countries. A Cyprus company may be used to organise these arrangements.

Important considerations include:

  • Structuring contracts through a company;
  • Clearly separating personal services from company income;
  • Meeting international tax and reporting obligations.

We work alongside your legal and tax advisors to ensure everything is set up in a correct and transparent way. Cyprus Company Set Up and Uses By Individuals.

Intellectual Property Structuring

Managing and Licensing Your IP

If you own intellectual property such as trademarks, copyrights or patents, a Cyprus company can be used to manage and license these assets.

This can help you:

  • Centralise ownership of your IP;
  • Manage licensing arrangements more efficiently;
  • Maintain proper oversight and proper documentation.

Any such structure needs to be aligned with Cyprus tax rules as well as OECD and EU standards on transparency and substance.

Holding and Managing Investments

A Clear Structure for International Assets

Many individuals use Cyprus companies to hold and manage investments such as shares, real estate or other assets.

This approach can offer:

  • A single structure for managing multiple investments;
  • Improved oversight and reporting;
  • Easier transfer or succession planning over time.

We help you manage your company structure, ensuring it stays compliant and easy to navigate. Cyprus Company Set Up and Uses By Individuals

Succession and Long-Term Planning

Supporting Continuity Across Generations

A Cyprus company can also play a role in longer-term planning, assisting you organise how assets are held and eventually transferred.

This can support:

  • Structured ownership of family assets;
  • Smoother succession processes;
  • Continuity in how assets are managed over time;

Cyprus Tax Residency and Personal Considerations

Understanding the Framework

If you are considering relocating to Cyprus, your personal tax position will depend on meeting specific residency criteria.

Cyprus tax residency is generally based on:

  • The 183-day rule, or
  • The 60-day rule, where certain conditions are met.

We help you understand how these rules apply in practice to ensure your personal arrangements are structured correctly and in line with reporting obligations.

Cyprus Company Set Up and Uses By Individuals

How FBS Cyprus Supports You

A Practical, Ongoing Partnership

FBS Cyprus supports you through both the setup and ongoing management of your company.

Our support includes:

  • Setup – Advice on suitability, company incorporation, name approval and documentation;
  • Administration – Registered office, secretarial services and statutory compliance;
  • Compliance – Coordination of accounting, tax, audit, AML/KYC and UBO requirements;
  • Practical Support – Banking introductions and coordination with service providers.

We ensure your company is properly established, compliant and operates smoothly.

Our Cyprus Corporate Services

We provide end-to-end corporate services, including:

  • Company formation and Registrar filings;
  • Corporate secretarial and registered office services;
  • Statutory records and annual returns;
  • Accounting, audit and tax coordination;
  • Banking support and ongoing administration;
  • Guidance on operational substance.

A Reliable, Long-Term Approach

We help you maintain a compliant, well-structured Cyprus company that supports your long-term goals.

Frequently Asked Questions

Answers to common questions about Cyprus company set-up for individuals, entrepreneurs, investors, and cross-border business activities.

What is a Cyprus company set-up service for individuals?

A Cyprus company set-up service for individuals usually covers company formation, preparation and filing of incorporation documents, tax registration, VAT registration where applicable, and coordination of the main post-incorporation steps needed to make the company operational.

Who typically uses a Cyprus company structure?

Depending on their circumstances, Cyprus company structures are commonly considered by entrepreneurs, professionals, international investors, executives, and other individuals involved in cross-border business or asset-holding activities.

Can an individual own a Cyprus company?

Yes. An individual can own a Cyprus company, subject to normal due diligence, AML/KYC onboarding, and the legal and regulatory requirements relevant to the company’s activities and ownership structure.

Can a Cyprus company be used for consulting, services, or entrepreneurial activities?

Yes. In appropriate cases, Cyprus companies are used for consulting, service provision, trading, intermediation, and wider entrepreneurial activities, provided the structure reflects the real business model and complies with applicable tax and regulatory requirements.

Can a Cyprus company help separate personal and business assets?

A properly maintained Cyprus limited company can provide legal separation between business activities and personal ownership. However, the effectiveness of that separation depends on proper governance, lawful use, and compliance with all applicable obligations.

Will the company need tax and VAT registration?

Tax registration is usually part of the post-incorporation process for a newly formed Cyprus company. VAT registration depends on the company’s activities and whether a registration obligation arises, so it is typically handled where applicable.

Can you help with opening a corporate bank account?

Yes. Support can usually be provided with banking introductions, document preparation, and coordination of the onboarding process. However, account opening is always subject to the bank’s own due diligence, risk review, and approval procedures.

Is economic substance important for individual-owned Cyprus companies?

Yes, it can be. Substance is often an important consideration where tax residency, banking relationships, commercial credibility, and cross-border activity are relevant. The right structure depends on the individual’s actual circumstances and intended use of the company.

Contact one of our officers to initiate the incorporation of a Cyprus registered company and start reaping the full benefits of an onshore, low-tax, EU jurisdiction. Simply fill in the contact box below or contact us by email on [email protected]

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  • CONTACT DETAILS

    2nd floor
    BIONIC Building
    3, Diomedous Street, Strovolos
    P. O. Box 22784, CY-1524 Nicosia
    Cyprus

    T: + (357) 22 456 363
    F: + (357) 22 668 180
    E: [email protected]
    Cyprus Company Incorporation
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