Does a client need to provide a reason for requesting a nominee shareholder?

Yes. When a client requests a nominee shareholder, they must specify the reason/justification. This rationale is required for compliance/KYC purposes before the nominee shareholder service can proceed.

What is the scope of the nominee director service — what does the nominee director actually do?

The nominee director service is strictly limited to facilitating company registration and bank account opening. The nominee has no actual operating or decision-making authority and serves only a formal compliance purpose. Any other cooperation or action by the nominee is charged separately and cannot be guaranteed within the standard contract; a director-change fee should generally be collected in advance.

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 All-Purpose Nominee Director

Product Valid: Positive | Applicant Must Be Present: No | Applicable country/region: CY - Cyprus

Unit Price: EUR 1250 / Year

Remotely Process Your Cyprus All-Purpose Nominee Director

Unlock the potential of your business in Cyprus with TKEG Expat's Cyprus All-Purpose Nominee Director service. Our offering provides essential nominee director services, ensuring your company meets the legal requirements and optimizes its management and control. As a resident in Cyprus, our nominee directors facilitate seamless company registration and compliance with the Registrar of Companies. By appointing a nominee director, you gain the tax benefits of a tax resident, while maintaining control of the company through clearly defined terms and conditions. Our service includes the provision of nominee director services, enabling smooth company formation and adherence to the Companies Law. Our experienced team ensures the appointment of a nominee director aligns with your business goals, offering flexibility and assurance. Contact our customer relationship manager today to schedule a video conference and obtain a precise quotation tailored to your needs. TKEG Expat is committed to supporting SMEs worldwide in their journey to expand internationally.

Service Included

Provide nominee director services to clients in Cyprus hired for various purposes.

Number of services already included in this product: 0.00

Memo

This is the lowest quotation. Please contact the customer relationship manager to schedule a video conference to understand the work content and obtain an accurate quotation.

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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