The company must confine its business exclusively outside Cyprus. Nevertheless, it may open an office in Cyprus for the management and control of its overseas business. By special arrangement it is also allowed to carry on transit trade through Cyprus, to re-pack by purchasing local packing materials as long as the re-packed materials when re-exported do not change customs tariff classification, to store and maintain machinery to be used or sold outside Cyprus and to establish a private bonded warehouse.

Time needed to Register an International Business Company

Once the name of the company has been approved and all the documents required are in order, the Registrar of Companies effects registration in approximately 7 days. The registration with the Registrar of Companies may also be affected in only one (1) day if acceleration fees are paid. The whole procedure of registration normally takes one week and in very extreme urgent cases our office offers registration of an International Business Company within one day.