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Frequently Asked Questions
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Companies eligible for BFU registration must meet one of these criteria:
Majority of shares owned by non-EU nationals.
A minimum €200,000 deposit, supported by bank documents showing foreign investment.
If non-EU ownership is 50% or less, the foreign investment must still be at least €200,000 (in addition to the initial €200,000 deposit).
Public companies listed on a recognized stock exchange.
Former offshore companies with data held by the Central Bank.
Cypriot shipping companies.
High-tech or innovation companies* with a market presence and high R&D activity.
Pharmaceutical, biogenetic, or biotechnology companies.
Companies majority-owned by naturalized Cypriot citizens who still meet economic criteria.
Licensed private tertiary education institutions in Cyprus.
High-tech companies must have a proven market presence, high R&D intensity, and develop products in fields like aviation, IT, pharmaceuticals, or machinery.
The required documents include:
Certificate of Incorporation
Registered Office Address Certificate
Certificate of Directors and Secretary
Certificate of Shares
If shareholders are legal entities (e.g., companies or trusts), provide a shareholder structure chart showing ownership up to the ultimate natural persons, along with supporting documents.
Affidavit of Ownership
Signed by one of the company’s directors, confirming the ultimate beneficiaries.
Passport Copies
Valid passports of the final beneficiaries.
Articles of Association
Proof of Business Office
Rental deed, title deed, or sale deed (stamped if the annual value is €5,000 or more).
Financial Statements
For companies already operating in Cyprus.
Tax Clearance Certificate
Issued by the Tax Department for existing companies.
Proof of €200,000 Deposit
Supported by a SWIFT or bank document showing foreign investment directly from the ultimate beneficiary.
To work for a foreign interest company in Cyprus, third-country nationals must:
Hold a Temporary Residence and Employment Permit
Issued by the Civil Registry and Migration Department.
Be Employed in a Managerial, Executive, or Specialized Role
They must have relevant academic qualifications and at least two years of experience.
Meet Salary and Contract Requirements
Their employment agreement must guarantee a minimum monthly gross salary of €2,500 and a contract duration of at least two years.
EU nationals can stay in Cyprus for up to 90 days without any formalities.
For stays over 90 days, they must apply for a Registration Certificate (Yellow Slip) by meeting one of these criteria:
- Employment or self-employment in Cyprus
- Studying at an accredited institution
- Financial self-sufficiency with medical insurance
After 5 years of continuous legal residence, EU nationals can apply for Permanent Residency, allowing them to live and work in Cyprus indefinitely. Proof of continuous residence is required.
The requirements depend on the purpose of stay:
Short-Term Stay (Up to 90 Days)
Third-country nationals can stay in Cyprus for up to 90 days within a 180-day period with a Schengen or national visa (depending on nationality).
- Purpose: Tourism, business, or family visits
- Requirements: Valid passport, proof of accommodation, travel insurance, and sufficient funds
Temporary Residence Permit (Over 90 Days)
For longer stays, a Temporary Residence Permit (Pink Slip) is required.
- Employment Permit – Requires a valid work contract, proof of qualifications, medical insurance, and a clean criminal record
- Study Permit – Requires proof of enrolment, financial means, medical insurance, and a clean criminal record
- Family Reunification – Requires proof of family relationship, the sponsor’s financial ability, and medical insurance
Permanent Residency Options
- Category F (Standard Process) – Requires a minimum annual income of €30,000 (higher for dependants), proof of income, property ownership or rental, and a clean criminal record
- Fast-Track Permanent Residency (Reg. 6.2) – Requires a €300,000 investment in real estate, a Cyprus-based business, or investment funds
Citizenship by Naturalization (Updated 2023 Law)
Third-country nationals may apply for Cyprus citizenship if they:
- Have legally lived in Cyprus for at least 7 out of the last 10 years, including 12 continuous months immediately before applying
- Have a clean criminal record, speak Greek at B1 level, and demonstrate knowledge of Cyprus’ political and social landscape
- Have stable income, suitable accommodation, and the intention to continue residing in Cyprus
As of December 19, 2023, the updated law introduces new requirements for naturalization based on residence. Applicants must:
- Live in Cyprus continuously for the 12 months before applying (absences of up to 90 days do not interrupt residency).
- Have legally resided in Cyprus for at least 7 out of the last 10 years before the final 12-month period.
- Have good character and a clean criminal record.
- Have B1-level Greek language proficiency.
- Demonstrate knowledge of Cyprus’ political and social landscape.
- Have suitable accommodation and stable financial resources for themselves and their family.
- Show a clear intention to reside in Cyprus.
As of December 19, 2023, the updated law relaxes naturalization requirements for highly qualified individuals working in eligible companies.
Eligible Companies
Applicants must be employed by:
- Foreign-interest companies with independent offices in Cyprus
- Cypriot shipping companies
- Hi-tech/innovation companies (aerospace, IT, biotech, etc.)
- Pharmaceutical/biotech companies
- Companies registered in the Civil Registry’s Foreign Companies list
- Accredited international higher education institutions
Key Requirements for Naturalization
- 12 months of continuous residence before applying (absences of up to 90 days are allowed)
- 4 years of legal residence in the last 10 years (or 3 years if the applicant has B1-level Greek proficiency)
- Clean criminal record and good character
- Greek language proficiency (A2 or B1 level)
- Basic knowledge of Cyprus’ political and social landscape
- Stable income and accommodation
- Intention to reside in Cyprus
Family Members
Family members of qualified applicants can also apply under the same residence and language criteria.
Who is Eligible?
Individuals who can apply for Temporary Protection in Cyprus include:
- Ukrainian nationals, refugees in Ukraine, and their family members who lived in Ukraine before February 24, 2022.
- Stateless persons and non-Ukrainians who lived in Ukraine before February 24, 2022, held a permanent residence permit, and cannot safely return to their country of origin.
How to Apply?
- Submit an application at the Immigration Department of your district.
- Alternatively, apply online via the Asylum Service website.
- If applying online, the decision will be sent electronically.
- Missing documents may delay processing.
- Within 48 hours, applicants must visit the Immigration Department in person to request a biometric residence permit from the Civil Registry & Migration Department.
To register a trademark in Cyprus, follow these steps:
1. Conduct a Preliminary Search
- Check if the proposed trademark is already registered or similar to existing trademarks.
2. Prepare the Application
Your application must include:
- Applicant’s name and address
- A clear representation of the trademark (logo, wordmark, etc.)
- A list of goods/services classified under the Nice Classification System
3. Submit the Application
You can submit your application:
- Manually at the Cyprus Department of Registrar of Companies and Intellectual Property (DRCIP)
- Online via the Registrar’s portal
4. Examination by the Registrar
The Registrar will check:
- Compliance with formal requirements
- Distinctiveness (not generic, deceptive, or misleading)
- No conflicts with existing trademarks
If there are objections, the applicant will be notified and given an opportunity to respond.
5. Publication & Opposition Period
- If approved, the trademark is published in the Official Gazette of Cyprus.
- A three-month opposition period allows third parties to file objections.
6. Registration & Protection
- If no objections are filed (or any objections are resolved), the trademark is registered.
- A Certificate of Registration is issued.
- The trademark is protected for 10 years and can be renewed.



