- Minimum Capital Requirements
There are no minimum capital requirements for a Cyprus Private Limited Liability Company.
Share capital can be denominated in any major currency.
- Non-par Value and Bearer Shares
Non-par value shares and bearer shares are no longer allowed.
Capital duty is imposed on the issuance of share capital as follows:
Upon incorporation of a company: Authorized share capital €105 plus 0.6% on the authorized share capital
Upon the issuance of additional share capital: No capital duty if the shares are issued at a nominal value; €17 flat duty if the shares are issued at a premium