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Branches - Cyprus

Updated 08/2009

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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Enterprise Europe Network - Contact points

The Enterprise Europe Network provides businesses with information and advice through its local contact points. 

Choose your nearest contact point for personalized help and advice:

Further help

The Authority for the Supervision and Development of Cooperative Societies of the Ministry of Commerce, Industry and Tourism is responsible for the operation and development of cooperative societies and their services. It also dispenses advice to all interested parties.

SOLVIT helps businesses deal with problems that arise when national authorities wrongly apply EU market rules.

If you wish to establish a business or perform temporary cross-border services in the EU/EEA area (the 27 EU member states, plus Iceland, Liechtenstein and Norway), turn to the ‘Points of Single Contact (PSC)’ – Members of the EUGO network – that will help you to complete all necessary administrative procedures on-line! Get the information you need and submit your applications to the responsible authorities online. You no longer have to worry about contacting several different authorities one by one – the PSC will do it for you!