Limited Liability Company by guarantee with share capital in Cyprus
That company has a share capital and the liability of its members is limited by the memorandum of association, on the one hand, to any unpaid amount for their shares and, on the other hand, to the amount due to its members, respectively.
Register Limited Liability Company by guarantee with share capital with us.
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Limited Liability Company by guarantee with share capital registration conditions
It is expected that companies are formed with a minimum share capital of €1.000, divided into 1.000 €1 shares. For a public limited liability company, the minimum share capital required is €25,630.
Timeline
The time frame required for the registration process to be completed is 6-8 working days from the day of submission.
Fees
A set annual charge of €350 is payable to the registrar by all firms registered in Cyprus.
Compulsory regulation
Each company must have articles of association that essentially set out how the company will be managed and run.
As stipulated by the International Financial Reporting Standard, companies in Cyprus are mandated to keep an error-free account books and financial statements.
Documents
There are some documents you need to process your registration, which are:
- company name approval,
- utility bill or bank statement must be shown as proof of residency,
- articles of association,
- directors and shareholders must submit a photocopy of their driver’s license or passport.
Our legal team is here to help you with your paperwork.
Consultation about Limited Liability Company by guarantee with share capital registration
We offer consultation services for the registration of Limited Liability Companies by guarantee with share capital, aimed at assisting you at every stage of setting up your business in Cyprus. Our expert advisors will help with everything from preparing initial documents to acquiring the essential permits and registrations, ensuring a seamless and effective experience. We also provide tailored advice on legal obligations, share capital, and corporate structure to support you in making well-informed choices that match your business objectives.
Ownership management
Overseeing the ownership of a Limited Liability Company by guarantee with share capital is a challenging yet essential responsibility. Our offerings involve administering alterations in ownership, managing beneficial owners, and coordinating ownership transfers. We make certain that all changes in ownership are accurately recorded and adhere to the most recent regulations.
Corporate structure changes
As your business develops, your corporate structure may also need to adapt. If you require changes to directors, updates to nominee details, or other structural modifications, we offer comprehensive services to ensure these transitions are handled smoothly and efficiently.
Share capital management
Managing share capital is essential for the financial well-being of your company. We provide services to assist you in increasing, decreasing, selling, and transferring share capital, making certain that all transactions are executed correctly and comply with legal obligations.
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