What is the min. share capital for a Cyprus company?

[orangeye]

What is the min. share capital for a Cyprus company that has to be paid in?


If I buy a Ready-Made company will I also receive the already paid in share capital?

 

[JohnLocke]

The min. advisable share capital which is EUR 1000 and has not to be paid-up!


Ready made companies in general have not any paid-up share capital either, only exception is, if you buy a very old (not many left any longer) company say 1985 in that case it is different.

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[orangeye]

Thank you for advise - is there any upper limit or can the share capital be 500.000 euros?

 

[JohnLocke]

There is a stamp duty fee of 0,6% for share capital above EUR 5000! But otherwise no limit!

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[orangeye]

Can the share capital be changed later once the company is opened?

 

[JohnLocke]

Yes you can increase the share capital at any time.

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[orangeye]

Are there any additional costs involved if I change the share capital later?

 

[JohnLocke]

You increase the share capital so there will be some amendments to the mm & articles which will course additional costs, but nothing "big" .

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[orangeye]

What do you mean by nothing big?

 

[JohnLocke]

Actually the fee is between 200 and 500 euro depending on what exactly you need to have done... further there is a 0.6% stamp duty fee for the increase of the share capital.

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