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.
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.
© Export Entreprises SA, All Rights Reserved.
Latest Update: April 2022