For incorporating a Cyprus company with a corporate shareholder, what additional registrations and documents are required, and who handles the TIC application?

Beyond a nominee secretary and registered address, Cyprus incorporation requires a TIC (Tax Identification Code) application and a UBO (Ultimate Beneficial Owner) registration. The UBO details of the physical persons behind any corporate shareholder must be disclosed. If an accountant is engaged, they can usually handle the TIC application, so a separate TIC purchase may not be needed. A corporate shareholder must also provide a utility-bill proof of address and an English CV/resume to complete the nominee-secretary KYC questionnaire.

Cyprus Taxpayer (TIC) Registration

Applicable country/region: CY - Cyprus

Unit PriceEUR 200 / Entity

Applicant Must Be PresentNo

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Response within 1 working hour on business days. We confirm applicability and estimated fees first.

English-speaking advisor

Cyprus local setup support

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Remotely Process Your Cyprus Taxpayer (TIC) Registration

Looking to expand your business in Cyprus? Look no further than TKEG Expat's services for registering as a Cyprus Taxpayer (TIC). Our team specializes in providing seamless and efficient registration services for our clients in Cyprus. With our expertise in the Cyprus jurisdiction, we can ensure a smooth and hassle-free registration process. Our company, TKEG Expat, is dedicated to helping SMEs expand internationally, and our Cyprus Taxpayer (TIC) registration service is just one of the many ways we can assist you in achieving your global business goals.

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Provide Cyprus Taxpayer (TIC) registration services to Cyprus clients.

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Learn More About How TKEG Expat Helped Other Businesses Succeed With Cyprus Taxpayer (TIC) Registration

Case Study

Hong Kong SAR Corporate Client

Start Date: November 10, 2025

Frequently Asked Questions

About Cyprus

Cyprus offers an EU-compliant low-tax regime with 12.5% corporate tax, extensive double tax treaty network, and serves as a strategic bridge between Europe, the Middle East, and Africa.

12.5% Corporate Income Tax

Cyprus has a 12.5% corporate tax rate, one of the lowest in the EU. Dividends, certain capital gains, and profits from securities sales can be fully tax-exempt. The country operates a territorial taxation system for non-domiciled individuals and maintains double tax treaties with over 60 countries, making it ideal for holding company structures.

Gateway to Europe

Cyprus is a popular destination for entering the European business market. Starting and operating businesses is very simple. If you are looking to engage in financial services, Cyprus is a trustworthy destination that provides security for investors and their rights. This means you can choose Cyprus as your European headquarters without needing additional permits from other EU member states or establishing branches or offices.

Investment Opportunities

There are numerous investment opportunities in Cyprus. It is one of the most tourism-friendly countries in the Mediterranean and across Europe; it is a major maritime nation in the world; its real estate sector is thriving, and there is significant room for growth in financial services.

Business-Friendly Nation

The Cyprus government has implemented several business initiatives. For example, it has introduced many tax incentives, opened the country to investors, and provided tax reductions for fund managers. It has also established citizenship and investment residency programs, reformed banking laws to enable loan securitization, and significantly reduced non-performing loans.

Cyprus Tax Brief

Data Source PwC World Tax Summary
OCED Statistic

Time of Update 4/05/2026

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