SOLE PROPRIETORSHIP (BUSINESS NAME)

Any Cypriot or any EU citizen may carry on business either on his own name or through a business name, which may be registered under Cap. 116.

Any Cypriot or EU citizen are free to carry on business in their own name or under a business name registered under the Partnership and Business Names Law Cap. 116.

A business name is not in fact a legal entity on its own but may be registered by any individual or any legal entity carrying on business under a name other than their own.

To register a business name someone needs to file with the Registrar of Companies a form containing:

• The business name

• The place of business

• The general nature of the business

• The name, address, nationality and occupation of the person or legal entity applying for

• Date of commencement of business

The application for registration of a business name must be made within 30 days from the date of commencement of business.