• [En]
  • [Fr]
  • [Es]
  • [It]
  • [Tr]
  • [De]
  • [Pl]
  • [Ru]

  +357 24 656 406


+357 24 656 406
Company Formation Cyprus



Types of Cypriot Companies

Updated on Thursday 11th January 2018

Rate this article
5 5 1
based on 1 reviews


Types of companies in Cyprus

When a foreign investor decides to set up a company in Cyprus, he must at first make up his mind upon the type of company that best suits his interests. The companies accepted by the Cyprus companies law.

Our company formation experts have prepared a video about the main types of legal entities:

·         Cyprus Private Company Limited by Shares (LTD)

This type of company is the most popular in Cyprus. There is no minimum share capital required. It is necessary that one to 50 shareholders set up a LTD in Cyprus. They subscribe nontransferable shares and are liable to the company’s obligations only to the extent of their contribution. A private company which is entirely owned by foreign investors is also known as an offshore company or an International Business Company.

·         Cyprus Public Company Limited by Shares (PLC)

A Public Company Limited by Shares in Cyprus is quite similar to a private company limited by shares.  However, the difference is that the shares are freely transferable and there can be as many shareholders as wished. The incorporation of a public company limited by shares requires at least 15,000 CYP as an initial capital.

·         Cyprus Company Limited by Guarantee

A company limited by shares has a similar structure to the one for limited companies, but it is usually a type of company established for non-profit purposes and charitable actions.

·         Cyprus General Partnership

A general partnership in Cyprus can be formed by two to twenty individuals. Registration of the partners with the Registrar of Partnerships is mandatory. No capital is required nor auditors. Partners are fully liable for this partnership to the extent of their private assets.

·         Cyprus Limited Partnership

The difference between a general partnership and a limited partnership is that the latter must have a general partner who is fully liable for the company’s obligations and at least one limited partner who is liable to the extent of his contribution. Just like the general partnership, a limited partnership requires at least two partners who must register with the Registrar of Partnerships.

·         Cyprus Sole Proprietorship

The main characteristic of a sole proprietorship in Cyprus is that the company is run by a single member with full liability. It is a simple and informal type of business, but still has to register with the Registrar of Partnerships.

For more information about the types of companies that can be established in Cyprus or matters regarding the taxes that must be paid by entrepreneurs, please contact our Cipriot company formation specialists.



There are no comments

Comments & Requests

Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Larnaca

Call us now at +357 24 656 406 to set up an appointment with our consultants in Larnaca, Cyprus. Alternatively you can incorporate your company without traveling to Cyprus.

We offer:

- cost-efficiency: competitive company formation prices;

- prompt response to your inquiry (maxim 24 hours);

- free and complete legal information featured on our site, at your disposal.

Contact us

Online Incorporation


Tax Calculator




The team of experts at OpenCompanyCyprus.com offers high quality company formation services. I would definitely recommend them to any investor interested in opening a company in Cyprus.

Francesco Dagnino, Partner of
Lexia Avvocati

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

Banner-Promoting ClientPedia-244px.jpg

We accept online payments