Ownership (LTD vs pcl in Cyprus)

For LTD: Private Ownership. For pcl: Consolidated Ownership.

Limited Liability (LTD vs pcl in Cyprus)

For LTD: Positive. For pcl: Positive.

Publicly Participates In Capital Market (LTD vs pcl in Cyprus)

For LTD: Negative. For pcl: Positive.

Legal Representative Not Mandatory (LTD vs pcl in Cyprus)

For LTD: Positive. For pcl: Negative.

Local Directors Not Mandatory (LTD vs pcl in Cyprus)

For LTD: See Memo. For pcl: See Memo.

Local Secretaries Not Mandatory (LTD vs pcl in Cyprus)

For LTD: See Memo. For pcl: See Memo.

Capital Injection Not Required (LTD vs pcl in Cyprus)

For LTD: Positive. For pcl: Positive.

Minimum Registered Capital Requirement (LTD vs pcl in Cyprus)

For LTD: 1. Starting from 1 euro.. For pcl: 2,5629 euros.

Legal Entity Comparison

Cyprus LTD vs pcl

Private Company Limited by Shares is a legal entity within the territory of Cyprus, also known as a limited liability company. Its ownership is of a combined form, which means that the owner and operator of the company can be the same person. The entity requires at least one shareholder and at least one director. Unlike some legal entities in other countries, Private Company Limited by Shares does not need to specify a legal representative, nor does it require a local person to serve as a director. However, the entity still needs to appoint a company secretary. The minimum registered capital is from 1 euro, and no capital verification is required. Private Company Limited by Shares is not allowed to publicly participate in the market, so its shares cannot be publicly issued.

Updated 2026-03-31

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Cyprus

Cyprus Legal Entity Comparison

Updated 2026-03-31

Basic Information

LTD

pcl

Ownership:

Private Ownership

Ownership:

Consolidated Ownership

Limited Liability:

Positive

Limited Liability:

Positive

Publicly Participates In Capital Market:

Negative

Publicly Participates In Capital Market:

Positive

Shareholder / Director / Secretary Requirements

LTD

pcl

Requirements For Shareholders:

At least one

Requirements For Shareholders:

At least one

Requirements For Directors ::

At least one

Requirements For Directors ::

At least one

Legal Representative Not Mandatory:

Positive

Legal Representative Not Mandatory:

Negative

Local Directors Not Mandatory:

See Memo

Local Directors Not Mandatory:

See Memo

Local Secretaries Not Mandatory:

See Memo

Local Secretaries Not Mandatory:

See Memo

Registered Capital Requirement

LTD

pcl

Minimum Registered Capital Requirement:

1. Starting from 1 euro.

Minimum Registered Capital Requirement:

2,5629 euros

Capital Injection Not Required:

Positive

Capital Injection Not Required:

Positive

Capital Injection Requirement:

N/A

Capital Injection Requirement:

N/A

Memo

LTD

pcl

Memo:

The registration of a Cyprus company does not mandate the appointment of a local nominee secretary or nominee director. We can proceed with the incorporation even if no one is based in Cyprus (however, the company may encounter practical issues during subsequent operations, including but not limited to unsuccessful bank account openings and ineligibility to benefit from the 12.5% low corporate tax rate).

Memo:

The registration of a Cyprus company does not mandate the appointment of a local nominee secretary or nominee director. We can proceed with the incorporation even if no one is based in Cyprus (however, the company may encounter practical issues during subsequent operations, including but not limited to unsuccessful bank account openings and ineligibility to benefit from the 12.5% low corporate tax rate).