Guidance

After Incorporation

Registration at the Tax Department

Any natural person with gross income of more than €19.500 and every company that is established in the Republic of Cyprus, is obliged to submit an application for for Taxpayer’s registration with the Tax Department and to obtain a tax number.

At the same time, any natural or legal person residing in the Republic of Cyprus or is registered in the Republic of Cyprus, that has made taxable supplies of goods and services within the last twelve (12) consecutive months or will be making such taxable supplies of goods and services over the amount of €15.600 in the next thirty (30) days, is required to submit a supplementary form for VAT Registration.

Registration at the Social Insurance Services

Every self-employed person in the Republic of Cyprus is required to register with the Social Insurance Services by submitting the application form for self employed persons/employed registration.

In parallel, every employer is required to register with the Employer Register of Social Insurance Services by submitting the application form for employer registration. When the employer has branches in different districts or engages in more than one economic activity, he/she must register separately for each district or activity.

Registration of Trademark

You are advised to register your business' trademark with the Intellectual and Industrial Property Section so that you can differentiate your products and services in the market.

Compliance

A business name and each one of its owners has an obligation to inform the Registrar of Companies of any changes to the business name’s particulars such as place of business address, the owner's details, the nature of business etc.