Cyprus LTD vs pcl
Legal Entity Comparison
Time of Update: 2026-03-31
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.
Cyprus Legal Entity Comparison
Cyprus Legal Entity Comparison
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).
CY
Cyprus
CI - Company Incorporation
Cyprus PCL Company Incorporation
From EUR 2,325.00 / Company
Product Valid: Positive
Applicant Must Be Present: no
Applicable country/region
CY - Cyprus
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