Δημόσια Εταιρεία Περιορισμένης Ευθύνης με μετοχές (public limited company by shares)Cyprus
What it takes to form, own and run a public limited company in Cyprus, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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εταιρεία που η ευθύνη των μελών της περιορίζεται από το ιδρυτικό έγγραφο στο ποσό, αν υπάρχει που δεν πληρώθηκε για τις μετοχές που κατέχουν αντίστοιχα
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Οποιαδήποτε επτά ή περισσότερα πρόσωπα ή προκειμένου για σύσταση ιδιωτικής εταιρείας ένα ή περισσότερα πρόσωπα
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the minimum nominal and issued capital of a public company offered for subscription is twenty-five thousand, six hundred and twenty-nine euros (€25.629).
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the amount of one hundred and sixty-five euros (€165) or the amount of two hundred and thirty-five euros (€235) in the case of a company without a share capital, payable by credit card.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
- A notary
- Not required
- A resident director
- Not required
- Paying up the capital
- A public company may not issue shares below par (Companies Law s.56(1)). Before it may commence business or borrow, the Registrar must certify that its allotted share capital reaches the s.4A minimum (EUR 25,629 for a public company offered for subscription, per the registry), on a statutory declaration stating the capital paid and a bank certificate of payment of at least that amount (s.104(3)).
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Δημόσια εταιρεία δεν επιτρέπεται να εκδίδει μετοχές υπό το άρτιον.
Own it
Who may own and run it
- Directors
- At least 2 · none need live there
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πρέπει να έχει τουλάχιστο δύο συμβούλους
- Shareholders
- At least 7 · a company may be one
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Οποιαδήποτε επτά ή περισσότερα πρόσωπα ή προκειμένου για σύσταση ιδιωτικής εταιρείας ένα ή περισσότερα πρόσωπα
- Members
- At least 7
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Οποιαδήποτε επτά ή περισσότερα πρόσωπα ή προκειμένου για σύσταση ιδιωτικής εταιρείας ένα ή περισσότερα πρόσωπα
- A local company secretary
- Not required
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Κάθε εταιρεία πρέπει να έχει ένα γραμματέα
- A local registered agent
- Not required
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The company must maintain a registered office in the Republic of Cyprus, which must not be a mailbox.
Each year, at the registry
- Annual registry fee
- EUR 350
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Every year, by June 30th, all companies registered in the register of the Registrar of Companies must pay an annual fee of three hundred and fifty euros (€350).
- Accounts on the public record
- Yes
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Οι οικονομικές καταστάσεις καταχωρούνται στο Μητρώο και δημοσιεύονται
- Audit for a small company
- Required
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At the end of each tax year, the company must prepare audited financial statements and submit them along with the tax return
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Hold the annual general meeting
- Not in our records
With Members (general meeting)
Not stated on cylaw.org/nomoi/enop/non-ind/0_113/full.html when checked
- Hold the first annual general meeting
- 18 months after incorporation
With Members (general meeting)
- Deliver the first annual return to the Registrar
- 18 months and 28 days after incorporation
With Registrar of Companies
Section 120(1A)(a): first reference date is the day after the 18 months from incorporation; section 120(1): filed within 28 days of the date it is drawn up.
- Deliver the annual return to the Registrar within 28 days of its reference date
- Each year, on the anniversary of incorporation
With Registrar of Companies
The reference date is the anniversary of the first reference date, or one year after the previous return's date (s.120(1A)(b)–(c)), or a date up to 3 months later if notified to the Registrar.
What is public
- Directors
- Public
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The details of the directors and secretary are published on the electronic register of the Registrar of Companies.
- Shareholders
- Public
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The details of the directors and secretary are published on the electronic register of the Registrar of Companies.
- Beneficial owners
- To the authorities only
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The details of the directors and secretary are published on the electronic register of the Registrar of Companies.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Flat · 15%+3 regimes
Corporate income tax at 15% from tax year 2026 (12.5% for 2013 to 2025), per the Tax Department's rate table for companies.
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Εταιρικός φόρος 2003 – 2012 10% 2013 – 2025 12,5% Από 2026 15%
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
Special regimes that may apply
- Έκπτωση 80% επί των επιλέξιμων κερδών από επιλέξιμο άυλο περιουσιακό στοιχείο ip box · 80% exempt
Qualifying profits generated from a qualifying intangible asset Ο περί Φορολογίας του Εισοδήματος Νόμος 118(I)/2002, άρθρο 9(1)(κ) - Έκπτωση επί νέων κεφαλαίων other
Cyprus-resident companies, and permanent establishments of non-resident companies, financed with new equity introduced on or after 1 January 2015 Ο περί Φορολογίας του Εισοδήματος Νόμος 118(I)/2002, άρθρο 9Β - Σύστημα φόρου χωρητικότητας tonnage
Eligible shipowners, charterers and ship managers of eligible vessels Ο περί Εμπορικής Ναυτιλίας (Τέλη και Φορολογικές Διατάξεις) Νόμος 44(I)/2010, άρθρο 7
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Cyprus
- Yes
Close it
Closing it
The other end, which most guides leave out.
- Route
- Voluntary strike-off: the company files form HE60 with a fee of EUR 20, online through the Registrar's e-filing system or by hand/post; the Registrar publishes a notice in the Official Gazette and, if no objection is filed within three months of publication, strikes the company off the register and publishes that too. The Registrar also lists voluntary liquidation and liquidation by court as ways to close a company.
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Following the expiration of the period of three (3) months from the date of publication and providing that no objection to the company’s strike off is filed, the company is struck off the companies register
- Statutory fee
- EUR 20
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to apply for your company’s strike off from the companies’ register, by paying the fee of twenty euros (20).
Every business in Cyprus
VAT
- Standard rate
- 19%Official European Commission, Taxes in Europe Database situation on 2026-01-01
- Other rates
- 9% Passenger transport by urban, interurban and rural taxi and by tourist and interurban buses, restaurant and catering services, hotel and similar tourist accommodation, and goods and services supplied by care homes
- 5% Coffins, fertilisers, insecticides, animal feed and seeds, live animals for food production, water, food and drink other than alcoholic drinks, beer, wine and soft drinks, bottled gas, medicines and vaccines, contraceptives, medical equipment for disabled persons, and child car seats
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Μειωμένος συντελεστής (9%) Μεταφορά επιβατών με αστικά, υπεραστικά και αγροτικά ταξί καθώς και τουριστικά και υπεραστικά λεωφορεία Υπηρεσιες εστιατορίου και εστίασης Διαμονή σε ξενοδοχεία, τουριστικά καταλύματα και παρόμοιους χώρους
- Registration threshold
- EUR 15,600
taxable transactions at the standard, reduced or zero rate; capital assets are excluded; one-year period ending at the end of any month, or the next 30 days
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Στο τέλος οποιουδήποτε μήνα, αν το πρόσωπο είναι εγκατεστημένο στην Κυπριακή Δημοκρατία και η αξία των φορολογητέων συναλλαγών του κατά την περίοδο ενός έτους που τελειώνει σε αυτό το χρονικό σημείο έχει υπερβεί τις €15.600.
- Voluntary registration
- Yes
A trader whose taxable supplies are below the registration limits may apply to register, and a person intending to make taxable transactions may register as an intending trader.
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Αν ένας επιχειρηματίας πραγματοποιεί φορολογητέες παραδόσεις αγαθών ή / και παροχές υπηρεσιών, η αξία των οποίων δεν υπερβαίνει τα όρια εγγραφής, δικαιούται να υποβάλει αίτηση για εγγραφή στο Μητρώο Φ.Π.Α.
- A foreign company
- Registers from its first taxable supply
The €15,600 turnover test is framed for a person established in Cyprus; a person making taxable transactions there must register, and the threshold is not applied to a business established abroad, which registers from its first taxable transaction. The Tax Department's registration guidance and FAQ read name no representative requirement, so that answer is left unrecorded.
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Στο τέλος οποιουδήποτε μήνα, αν το πρόσωπο είναι εγκατεστημένο στην Κυπριακή Δημοκρατία και η αξία των φορολογητέων συναλλαγών του κατά την περίοδο ενός έτους που τελειώνει σε αυτό το χρονικό σημείο έχει υπερβεί τις €15.600.
- Returns filed
- Quarterly
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Οι Δηλώσεις ΦΠΑ αφορούν συνήθως τριμηνιαίες φορολογικές περιόδους, όπως αυτές καθορίζονται, κατά την εγγραφή στο Μητρώο ΦΠΑ, με βάση τoν Κώδικα Επιχειρηματικής Δραστηριότητας (NACE) της επιχείρησης.
- Tax authority
- Registration page read 2026-10-22
Portals and registers
- Business registerDepartment of Registrar of Companies and Intellectual Property
- Tax authorityTax Department of the Ministry of Finance
- Tax treatiesTax Department of Cyprus — Double Taxation Agreements
Payment and banking services
4 services name Cyprus on their own list: Paysera, Airwallex, Stripe, Revolut. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Public limited companyDerived our grouping, the same words in every country
- Name in law
- Δημόσια Εταιρεία Περιορισμένης Ευθύνης με μετοχές (public limited company by shares)
- ISO 20275 code
- BCF5Secondary GLEIF, Entity Legal Forms code list