Can a non-EU citizen own 100% of a Cyprus company?
Short answer
Yes. The Companies Law, Cap. 113 lets any one or more persons form a private company and sets no nationality or residence condition for shareholders, and the Registrar's guidance has none either; living and working in Cyprus is a separate question, decided by the residence rules.
Companies whose shares are mostly held by non-EU nationals are common enough to have their own route: the Business Support Centre registers them as companies with foreign interests, which lets the company employ non-EU staff, including its owner, under the Migration Department's policy.
Ownership from abroad has two practical consequences. The beneficial owners go in the UBO Register whoever the shareholder is, and a company controlled by non-EU owners needs the Council of Ministers' permission before it buys property in Cyprus.
Our partner advocate prepares the incorporation; the identity checks on the owners are completed remotely.
Sources
Information, not advice. This answer describes the published position as it stands on 15 October 2026. Requirements, fees and processing times set by the authorities change from time to time; the current position is confirmed before any work starts.
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