If you want to create a subsidiary in Cyprus, you can rely on our agents. Find out more about the procedure here: https://opencompanycyprus.com/open-a-subsidiary-in-cyprus/.

2. LEGISLATION
LEGISLATION
LEGISLATION
In order to create a Cypriot
subsidiary, a foreign company
must abide by the Company Law.

3. FEATURES OF THE
SUBSIDIARY
is treated as a Cypriot
domestic entity;
is independent of the parent
company;
can undertake any activity.
A subsidiary company:

4. REQUIREMENTS FOR THE
FOREIGN COMPANY
The parent company is not subject to
strict requirements when opening a
subsidiary in Cyprus.
It can choose any legal form it deems
suitable and appoint one resident
director.

5. SUBSIDIARY
REGISTRATION
STEPS
Here is how to register a
Cypriot subsidiary:
secure a registered address;
set up a bank account;
draft the incorporation papers;
appoint a local manager;
file the documents with the Trade Register.
1.
2.
3.
4.
5.

6. TAX REQUIREMENTS
A subsidiary must register for
taxation and VAT in Cyprus.
It will pay the Cypriot corporate tax
on its entire income.

7. LICENSING
There can be sectors in which a
subsidiary must apply for certain
licenses.
It depends on the activities it will
undertake.

8. ACCESS TO THE
LABOR MARKET
A Cypriot subsidiary can hire
employees from the local market
or transfer workers from the
parent company’s home country.

9. COMPANY FORMATION
SERVICES
Contact us if you are interested in
setting up a business in Cyprus and
decide on a subsidiary!

10. THANK YOU FOR YOUR ATTENTION!
clients@lawyers-cyprus.com
www.opencompanycyprus.com
For more information, you can contact us at: