THE LAW IN GENERAL

The legal system in Cyprus follows in general lines English Law, the Common law and the law of Equity with the exception of the Administrative and Constitutional law for which the Continental law is also followed in some lines.

The law governing companies is the Companies Law Chapter 113 (based on the United Kingdom’s Companies Act 1948) and the law governing partnerships is the Partnerships and Business Names Law Chapter 116 (which again is almost identical to that of the United Kingdom).

TYPES OF LEGAL ENTITIES

For someone who intends to do business in Cyprus, or through Cyprus, there are only four ways of doing it i.e. through:

• A company

• A partnership

• A branch

• Sole proprietorship (business name)