Professional Corporate Solutions Tailored For Businesses

Company Formation and Incorporation

Starting a Cyprus company doesn’t have to be complicated. Our team manages the entire company incorporation process, from selecting a name and preparing the Memorandum and Articles of Association to registering with the Registrar of Companies.

Here’s what we typically cover during company formations:

• Name approval and reservation
• Drafting and filing of constitutional documents
• Registration with the Cyprus Tax Department for income tax and VAT
• Opening corporate bank accounts with local and international banks
• Obtaining any necessary business licenses

We’ve helped businesses of all sizes get established quickly, and perhaps more importantly, correctly. There’s a reason most of our clients stay with us long after the formation stage: they know the job’s been done right.

 

Company Redomiciliation

Cyprus law allows companies from other jurisdictions to relocate and continue their business activities here without dissolving or ceasing to exist. This is a genuinely valuable option for businesses looking to benefit from the Cyprus tax regime, EU membership, and the island’s extensive network of double tax treaties.

Redomiciliation requires significant legal and administrative coordination. Our advisory team works alongside trusted legal professionals to manage every step, from preparing the application to the Registrar through to the final issuance of the certificate of continuation. It’s a process that requires precision, and we treat it that way.

 

Corporate Certificates and Structural Changes

Things change. Directors resign, new shareholders come on board, and registered offices move. At Highworth, we handle all corporate secretarial matters related to structural changes within your Cyprus company, including:

• Appointment or removal of directors and company secretaries
• Changes to the registered office address
• Amendments to shareholding and beneficial ownership records
• Issuing certified corporate certificates from the Registrar of Companies and other official authorities

Each of these changes must be filed correctly and within the required timeframes. Missing a deadline or filing incorrectly can create compliance headaches down the line. That’s not something we let happen!

 

Capital Changes and Share Management

Managing a Cyprus company’s share capital involves more than just paperwork. Decisions around issuing new shares, transferring ownership, or adjusting capital carry real financial and legal weight. We support clients through:

• Increases or decreases in share capital
• Allotment and issuance of new shares
• Share transfers and redemptions
• Registration of share pledges

Whether the change is straightforward or part of a broader restructuring, our professionals make sure every filing with the Registrar is accurate and timely. Wealth management and tax planning considerations often overlap with capital decisions, and we’re well-positioned to coordinate with your accounting and legal advisors on these matters.

 

Annual Returns and Day-to-Day Administration

Every Cyprus company has ongoing obligations. Annual returns need to be prepared and submitted to the relevant authorities on time; failure to do so can result in penalties or, in extreme cases, striking the company off the register.

At Highworth, we handle:

• Close and timely coordination with the auditor to ensure the timely preparation and submission of statutory audited financial statements and annual tax return of the Company.
• Maintenance of statutory registers and corporate records
• Correspondence with the Registrar of Companies
• VAT and compliance filings in coordination with your accounting team
• Prompt handling of all daily corporate matters and administrative tasks

Summary of Highworth Corporate Services

Service	What’s Included	Who It’s For
Company Formation	Full registration, tax enrollment, bank account opening, licensing	New businesses entering Cyprus
Redomiciliation	Legal coordination, Registrar filings, certificate of continuation	Foreign companies relocating to Cyprus
Corporate Certificates	Certified documents from the Registrar and official authorities	Existing Cyprus companies
Structural Changes	Director/secretary changes, shareholding updates, office amendments	Companies undergoing internal changes
Capital Changes	Share issuance, transfers, redemptions, pledges	Companies adjusting equity structure
Annual Returns	HE32 filings, statutory record maintenance, compliance	All active Cyprus companies
Daily Administration	Ongoing corporate affairs, correspondence, and administrative support	Companies needing outsourced management

 

Why Choose Us?

There are plenty of firms offering corporate services in Cyprus. So what makes Highworth different? Honestly, it comes down to how we work, not just what we do.

• One firm. Every service you need.

Most clients come to us because they’re tired of coordinating between three or four different providers. We bring corporate, tax, fiduciary, banking, accounting, and legal solutions together under one roof. Fund administration, consulting, and ongoing compliance; it’s all handled by the same team that already knows your business. No repeated briefings. No gaps in communication.

• Compliance isn’t an afterthought; it’s built in. 

Cyprus, EU, and OECD regulatory standards are moving targets. Our approach is substance-driven from the start, which means your corporate structure holds up to scrutiny, not just today, but long term. We prioritise governance and transparency because, frankly, cutting corners in this area always costs more later.

• You talk to senior people, not a call center. 

As a boutique firm, we keep things personal. Your questions go directly to experienced professionals who understand your specific setup. Response times are fast, yes, even after business hours. We’ve built our reputation on being available when clients need us, and we have no plans to change that.

 

Beyond core services, clients also benefit from proactive guidance on regulatory changes, strong working relationships with local banks and government authorities, and hands-on coordination that continues even after your company is set up. We stay involved for as long as you need us to.

 

Frequently Asked Questions

How long does it take to register a company in Cyprus?

The typical timeframe for a Cyprus company incorporation is around five to seven business days, though it can sometimes move faster depending on the complexity of the structure. Highworth manages the entire process from name approval through to tax registration, so there’s no need to deal with multiple service providers. We also handle bank account setup, which tends to take a bit longer, usually two to four weeks, depending on the bank’s due diligence requirements.

What is company redomiciliation, and when should I consider it?

Redomiciliation allows a foreign company to transfer its legal domicile to Cyprus without winding down or creating a new entity. It’s particularly appealing to businesses seeking access to Cyprus’s 15% corporate tax rate, its double tax treaty network, and EU membership benefits. The process is governed under the Companies Law, Cap. 113, and requires approval from both the origin jurisdiction and the Cyprus Registrar. Highworth coordinates the full application and ensures all filings are handled properly.

Do I need a local director or secretary for my Cyprus company?

While Cypriot law does not strictly require a local director, having one can strengthen the case for tax residency, especially under the “management and control” test. A locally appointed company secretary is also common practice. Highworth provides professional director and corporate secretarial support as part of our service offering, helping satisfy substance requirements and keep your company in good standing.

What happens if I miss the annual return filing deadline?

Late filing of the annual return (form HE32) with the Cyprus Registrar of Companies results in financial penalties. If the return remains unfiled for an extended period, the Registrar may begin proceedings to strike the company off the register. Highworth monitors all filing deadlines on behalf of our clients, so missed submissions don’t become your problem. We keep statutory records up to date and ensure every obligation is met on time.

 

Start Working With Highworth Today

If you’re looking for a dependable partner to manage your corporate obligations in Cyprus, Highworth is ready to help. Our team brings years of hands-on experience across company formations, redomiciliation, compliance, and ongoing administration, all under one roof.

Get in touch for a consultation and let us take the complexity out of your Cyprus corporate affairs.