Companies Inc.

In Cyprus, various types of companies can be established, each with unique legal and operational frameworks:

1. Private Limited Company (Ltd)
• The most common choice for small to medium-sized businesses.
• Shareholders have limited liability.
• Requires at least one shareholder and one director.

Key requirements include:

• Registration of company name
• Company registration (including Director, Secretary, and Shareholder)
• Legal address and physical presence in Cyprus
• Obtaining necessary licenses for regulated activities
• Tax Identification Code (TIC)
• Social insurance registration & employment number
• Corporate bank account
• Use of online management platforms
2. Public Limited Company (PLC)
• Ideal for larger companies aiming to raise capital by offering shares to the public.
• Requires a minimum of 7 shareholders and 2 directors.
3. Branch of a Foreign Company
• Allows foreign companies to operate in Cyprus without forming a separate legal entity.

Each structure involves specific legal obligations, requirements, and tax implications, which Rideo Group handles comprehensively from start to finish.