PackagesCompany, Banking & Residency (EU National) Formation Package


Our formation & residency package enables owners to set up a tax efficient Cyprus company, and register their residency in Cyprus as an EU passport holder. Perfect for Digital Nomads and Remote workers who want to take advantage of the Cyprus tax rules and live in Cyprus most of the year.

  • Description
  • Additional information


  • Legal Formation with the Registrars in Nicosia
    • Name Acceptance with Registrars
    • Creation of the Memorandum and Articles of the company
    • Preparation & Submission of Application
    • Compulsory Registrars Fee (€650)
  • Application for Corporate and Individual Tax Identification Numbers
    • Submissions to obtain the Tax Identification Number (TIC) for up to 2 persons
    • Submissions to obtain the Tax Identification Number (TIC) for the new company
  • Obtaining a Company VAT Registration
    • Application and Verification of VAT Registration
  • Provision of virtual office address for Registered Office & Correspondance
  • Appointment of a corporate nominee director
  • Application preparation and support for Cyprus Residency for 1 beneficial owner
    • Preparation and verification of application documents by a a Cyprus lawyer
    • Government Fees
    • Personal representation at immigration department by our agent
  • Application and referral to our preferred banking partners
    • Prepare the application and conduct the required due diligence to open an EU bank account in Cyprus

Additional information


Apostolou Pavlou 16, 2nd floor, 8046 Paphos, Cyprus.

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Papasavvas and Liskavidou LLC SRA ref 669401. Company Ref HE 417937 Calls may be recorded for quality and training purposes.

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