Yes, certainly. Depending on your status in the company (beneficial owner only, or shareholder, or director, or any combination of those), You may approach any bank and apply for the account opening – including banks outside Cyprus. Just bear in mind that Cyprus companies must conduct full and proper accounting and produce audited financial statements annualy – therefore, full account information will need to be provided to the company accountants (that may or may not be us) and the auditors.
- What information do you require to register my Cyprus company?
- How much do you need to know about my intended business?
- Are there any types of business that are not acceptable?
- Can I buy the Cyprus company anonymously, without telling my name?
- Is it a requirement for a Cyprus company to set up a fully operational office in Cyprus?
- Why are certain words not permitted in the name of a Cyprus company?
- Does the Cyprus company need to have an initial paid-up capital?
- Do I have to visit Cyprus to register the company?
- Why do you require a copy of my passport and other documents?
- What is a proof of address?
- What is a bank reference?
- What is a professional reference?
- May I be the only shareholder of my Cyprus company?
- May I have another company holding shares in my Cyprus company?
- Can I have bearer-shares?
- What are “ready-made” companies?
- Can I buy a shelf company and change its name?
- What is the beneficial owner?
- What is a nominee shareholder?
- What is the difference between a shareholder and the beneficial owner?
- Do the owners of the Cyprus company have to sign the incorporation documents?
- What documents will I get to ensure my full control over the company and to enable me to remove any officers or functionaries, if I want to?
- How can I prove my ownership of the company?
- What is a declaration of trust?
- How can I be certain that you are not going to steal my money and blackmail me?
- I am not resident in Cyprus - may I be the only director of my Cyprus company?
- What is a directorship service?
- Do the beneficial owners of the Cyprus company have signatory rights?
- Can I change the directors of my Cyprus company?
- Can I bring over my Cyprus company to You from another agent?
- Can I change my Cyprus company from You to another agent?
- I have a company registered in another country – can I transfer it to Cyprus?
- If somebody investigates my Cyprus company, what data will be revealed?
- Does a Cyprus company come with its bank account?
- Can You guarantee that the bank account will be opened for my new company?
- Why do you charge a fee for the assistance with the account opening?
- Do I get a refund if I paid for the bank introduction, but the bank turned me down?
- Do I have to visit the bank for opening the bank account for my new offshore company?
- What is the timeframe for the company bank account opening in Cyprus?
- What is an “account signatory”?
- Will the director act as bank signatory?
- Can I open an account for my Cyprus company without Your help?
- Can I open a personal bank account in Cyprus?
- Does Cyprus share the bank account information with my tax authority?