Our company registration experts in Cyprus describe the particularities of each type of company available for incorporation in the country. For more information about the set-up procedure for each type of legal entity you can contact our team of company formation experts at: http://www.opencompanycyprus.com/
1. Types of Companies in Cyprus
A presentation brought to you by our company formation experts in Cyprus
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2. Opening a Company in Cyprus
ā¢ When a foreign investor wants to set up a
company in Cyprus, he must decide upon
the type of company that best suits his
interests.
ā¢ There are several types of companies
accepted by the Cyprus companies law and
each has its own particularities and
advantages.
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3. How to Choose the Right Type of
Cypriot Company
ā¢ The most suitable legal form depends on
the investorās budget, the type of business
he wishes to develop and the future goals
for the expansion of the company.
ā¢ One of our company registration
specialists in Cyprus can help you
make this decision and offer you
adequate support during the
incorporation procedure.
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4. Types of Companies in Cyprus
ā¢ The types of companies available in Cyprus
are the following:
ļ¼ Private Company Limited by Shares
ļ¼ Public Company Limited by Shares
ļ¼ Company Limited by Guarantee
ļ¼ Partnership
ļ¼ Sole Proprietorship
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5. Private Company Limited by Shares
in Cyprus
ā¢ This type of company is the most popular in
Cyprus. There are no minimum share
capital requirements and the company can
be have between one and 50 shareholders.
ā¢ The private company limited by shares
has restrictions regarding the right to
transfer shares.
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6. Public Company Limited by
Shares in Cyprus
ā¢ A public company limited by shares in
Cyprus is quite similar to the private
one. The difference is that the shares are
freely transferable and there are no
restrictions on the number of
shareholders.
ā¢ This company can be listed on the Cyprus
Stock Exchange. This company can have
larger set-up costs.
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7. Company Limited by Guarantee
in Cyprus
ā¢ The company limited by guarantee is
usually formed for charitable or non-profit
purposes.
ā¢ It has a similar share structure, like the other
Cypriot companies and must also observe
the provisions of the Companies Law.
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8. The Cypriot Partnership
ā¢ Partnerships are formed by two or more
partners who want to invest in Cyprus.
ā¢ The limited partnership has general
partners with unlimited liability and limited
partners who are only liable to the extent of
their invested assets.
ā¢ General partnerships in Cyprus can have
between 2 and 20 members and they are all
liable for the debts and actions of the
business.
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9. The Sole Proprietorship in Cyprus
ā¢ The sole proprietorship is the simplest
business form in Cyprus. It is owned by a
single individual who has full liability.
ā¢ The sole proprietorship has to be registered
with the Registrar of Partnerships.
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10. Other Business Options in Cyprus
ā¢ Foreign companies can establish their presence
in the country by opening a branch in Cyprus.
ā¢ Investors can also open a trust in Cyprus to
perform various financial operations.
ā¢ Our Cypriot company formation specialists
can help you with detailed information about
the types of companies and any other matters
related to doing business in the country.
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11. Thank You for Your Attention!
For more information please contact us at:
(+44)203-287 0408 (for international clients)
office@lawyers-cyprus.com
http://www.opencompanycyprus.com/
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