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Profel is a member of the Terraserve Group 

PROFEL is a firm specializing in the establishment, registration, and administration of companies in international jurisdictions and in the provision of professional services for the achievement of a successful business profile with optimal profitability.


Services provided include the following:

  • International tax planning;
  • Complete range of Legal services;
  • Company formation;
  • Corporate administration;
  • Maintenance of corporate records;
  • Accounting/Bookkeeping and Compliance services;
  • Provision of nominee shareholders;
  • Provision of directors and company secretary;
  • Trustee services;
  • Assistance with changes in the Memorandum and Articles, the share capital, the company directors, secretary, name and registered office;
  • Escrow account services;
  • Ship registration/management;
  • Yacht ownership/registration;
  • Shelf company availability;

    NEW: Merchant Account Services
  • Preparation of company documents - company resolutions, powers of attorney, minutes of directors meetings;
  • Legalizations of company documents;
  • Assistance in drafting contracts and agreements;
  • Formation of Cyprus international trusts;
  • Registered office and administrative services;
  • Opening of bank accounts and provision of related services;
  • Preparation and submission of all necessary reports to relevant authorities;
  • Tax and payroll issues solutions;



*We are part of a small number of firms in Cyprus with experience in obtaining license to carry out investment activities, forex trading, and investment advisory services from the Cyprus Securities and Exchange Commission (CySEC).  Please contact us to provide you with more information on this service.