As an alternative to registering a new company, it is possible to purchase a ready made company in Cyprus. Shelf companies are authorised to begin trading immediately after purchase and does not require the formalities associated with registering a new company. Our companies have been kept with a full set of accounting and reporting documents.
To become the director of your new company, you will need to sign a document that appoints you as the new director and confirms our resignation.
The directors of your choice will then be appointed to your company and you will receive all the official documentation, including the Certificate of Incorporation, Memorandum and Articles of Association of the company and the relevant Company Secretarial Forms.
Upon signature of official forms by the new directors and shareholders in which they consent to act, the ready-made company is transferred over and is ready to trade immediately.
It is possible to change the name of the shelf company which takes approximately 7 days. You can still conduct business while the name is being changed.