Branches - Cyprus
Updated 08/2009
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European Union
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Austria
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Belgium
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Bulgaria
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Cyprus
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Czech Republic
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Denmark
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Estonia
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Finland
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France
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Germany
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Greece
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Hungary
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Ireland
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Italy
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Latvia
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Lithuania
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Luxembourg
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Malta
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Netherlands
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Norway
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Poland
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Portugal
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Romania
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Slovakia
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Slovenia
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Spain
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Sweden
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United Kingdom
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Legal requirements
In Cyprus, the procedure for setting up a branch office of a foreign company, is, in accordance with the Cyprus Company Act, done through submitting the foreign company's articles of association to the Registrar of Companies.
Many of the requirements and procedures for opening a secondary establishment are the same as for starting up a business.
Administrative procedures
Registration
Foreign businesses can apply to open a branch by submitting an application to the Department of the Registrar of Companies and Official Receiver of the Ministry of Commerce, Industry and Tourism within one month from the date of their formation. The branch must trade under the same name as the foreign business.
Once a branch is registered, its financial statements translated into Greek are submitted to the Department of the Registrar of Companies.
The companies section of the Department of the Registrar of Companies and Official Receiver of the Ministry of Commerce oversees the registration, monitoring, control and deregistration of domestic companies, foreign companies, partnerships and trade names.
Check also the legislation on this topic in:
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European Union
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Austria
deen
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Belgium
enfrnl
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Bulgaria
bgen
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Cyprus
elen
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Czech Republic
csen
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Denmark
daen
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Estonia
enet
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Finland
enfi
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France
enfr
-
Germany
deen
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Greece
elen
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Hungary
enhu
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Ireland
en
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Italy
enit
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Latvia
enlv
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Lithuania
enlt
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Luxembourg
enfr
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Malta
en
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Netherlands
ennl
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Norway
enno
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Poland
enpl
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Portugal
enpt
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Romania
enro
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Slovakia
ensk
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Slovenia
ensl
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Spain
enes
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Sweden
ensv
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United Kingdom
en





