cyprus company with vat and registration number

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trundom

trundom

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I was thinking of setting up a company in Cyprus. Could you please let me know what you require and how long it would take for the formation (incl Tax, VAT and Bank Account)?? I am British but live in Dubai.Hi, I was thinking of setting up a company in Cyprus. Could you please let me know what you require and how long it would take for the formation (incl Tax, VAT and Bank Account)?? I am British but live in Dubai.

Last edited by a moderator: Mar 31, 2016
 
Welcome aboard Hussain,


For the incorporation we only need a copy of passport and a utility bill (electricity or phone bill) , that's all.


For the Bank Account we will beside above also need a Reference letter from a Bank or Lawyer or certified accountant.


The company formation takes typically 7 days and the bank account additional 4 -5 days.

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As I would like to use the company to trade, just wondering how long it will take to get a VAT number for the company?? Is that included in the 7days you have mentioned???
 
The VAT registration will take somehow a bit longer, maybe 10 days, it depends very much on the authorities in Cyprus and is out


of our control, but as mentioned, normally it is done within 10 business days

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Just wondering would I need to visit Cyprus to set up all this (incorporation/Tax/Bank/VAT) or can it all be done otherwise????
 
Everything is done online, there is no need to visit Cyprus, once you have send all the applications to me by e-mail, we will


review them and if everything is fine, you will need to send the original copies by courier service (Fedex or DHL etc.) to our Office in Cyprus.


When we have received the documents and the payment everything will be setup as agreed and within 10 to 20 business days the company and bank account is ready, by that time


we will send the original apostilled corporate documents, company certificate etc. to you by courier service.


The bank will also get in touch with you directly to complete the bank account opening and they will send you the counter signed contract, debit- credit card and pin code for


the e-Banking directly.

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I chated with Peter (btw) online and would be grateful if you could email me the chat I had with him as the system did not ask me if I wanted to save the chat detail.


I'm sure he has spoken to you about it, but I need all the information, forms etc to set up a company (shelf). I have send you PM with details, thanks!
 
Send you a reply... let's see if we can work something out for you 😉

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A simple proforma invoice will do it, we have been through this process a several times no issues what so ever.
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Yes a proforma invoice is required and the only document we need once the company is incorporated and to register it for VAT in Cyprus.

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I own a Cyprus company that was registered for VAT in 2013 has been working fine for me since ever. You just need to sign a new Cyprus company and then apply for VAT registration once the company is duly incorporated. Takes a few days to get your VAT number!
 
Yeah can confirm,takes only a few days to get your company registered for VAT in Cyprus and to have the VAT registration number available. Because of my knowledge in my home country I thought it was the same hassle to get it in Cyprus but it's not.
 
Yeah can confirm' date='takes only a few days to get your company registered for VAT in Cyprus and to have the VAT registration number available. Because of my knowledge in my home country I thought it was the same hassle to get it in Cyprus but it's not.[/quote']
I thought it was the same in all European countries. What issues did you face quickfix?
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Yeah can confirm' date='takes only a few days to get your company registered for VAT in Cyprus and to have the VAT registration number available. Because of my knowledge in my home country I thought it was the same hassle to get it in Cyprus but it's not.[/quote']
Me too, everything is done good and fast no problems.
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Yeah can confirm' date='takes only a few days to get your company registered for VAT in Cyprus and to have the VAT registration number available. Because of my knowledge in my home country I thought it was the same hassle to get it in Cyprus but it's not.[/quote']
Please elaborate on the issues you have had.
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If you are doing business in Europe then Cyprus is still one of the best places in Europe to headquarter your company, it is opening the boarders to the Europen businesses and makes things much easier in terms of delivery and payments.
 
It's simple to get your CYP company registered for VAT' date=' what issues did you had?[/quote']
Wonder the same a proforma invoice and you are done!
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