Is there a minimum capital requirement and what is the minimum share capital?
There is no minimum capital requirement. The minimum share capital of the company is 1,000 Cyprus pounds. This money does not have to be paid in a bank account of the company. Also, in Cyprus no share capital amounts are blocked like in some other countries and in any case, if the fees that are paid for the registration and set-up of the company exceeds the share capital amount, this automatically means that the share capital has been paid.