FORMING AN ENTERPRISE

In order to enhance foreign investment intensity, the FDI (Foreign Direct Investment) policy has been liberalised for both EU and non-EU nationals. Subsequently, administrative procedures have been simplified and no limitations apply in most sectors of the economy, as per the minimum level of investment and the foreigners/participation percentage.

International companies may invest and establish business in Cyprus on equal terms with local investors. Foreign investors can register a company directly with the Registrar of Companies, and obtain any licence, if needed, from the appropriate authority depending on the nature of investment. Investors may address to the Investors Service Centre of the Ministry of Commerce, Industry, and Tourism for further guidance and direction on a case by case basis.

Furthermore, Cyprus offers one of the lowest set up and operating costs within the EU.

MAIN TYPES OF ENTERPRISES IN CYPRUS

Most investors choose one of the following Cyprus enterprise formats:

The main features of a limited company:

The main features of a branch:

The main features of a limited liability partnership: