All companies in Cyprus are required to have their registered address public. Many companies have no need for an office and register the address at their home residence. If you desire privacy, the address service can provide that.
Additionally, if you register your company address at your home residence and need to move, the address service can save you the costs of changing the registered address with the Registrar of Companies. It also eliminates the hassle of updating the address with banks, the TAX & VAT Department, invoicing systems, imprints, brokerage accounts, and more.