Cyprus flag Cyprus: Operating a Business in Cyprus

Starting a business in Cyprus

Legal Forms of Companies

Limited liability company or LLC
Number of partners: Minimum 1 shareholder and Maximum 50 shareholders.
Capital (max/min): No minimum capital required.
Shareholders and liability: The responsibility of the associate member is limited to the amount contributed to the total capital.
Public company limited by shares or PLC
Number of partners: At least 7 partners.
Capital (max/min): For public limited liability company whose shared are offered for subscription the minimum capital is EUR 25,629.
Shareholders and liability: The responsibility of the associate member is limited to the amount contributed to the total capital.
General Partnership
Number of partners: Minimum 2 and maximum 20 associate members.
Capital (max/min): No minimum capital required.
Shareholders and liability: Each associate member is personally and indefinitely responsible for the debts and obligations of the company.
Limited Partnership
Number of partners: At least one general partner with no limitation on the number of partners.
Capital (max/min): No minimum capital required.
Shareholders and liability: At least one of the associate members is personally and indefinitely responsible for the debts and obligations of the company, the other members' responsibility being limited in nature.
The Competent Organisation
The competent organization is the Registrar of Companies.
Company Directories
Department of Registrar of companies
 
Setting Up a Company Cyprus Eastern Europe & Central Asia
Procedures (number) 5.0 5.3
Time (days) 6.0 11.8

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Cyprus.
Trade Register

Find out more about Operating a Business in Cyprus on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: April 2022

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