Memorandum & Articles Of Association

The incorporation of a company in Cyprus entails different stages, one of which is the preparation of the Memorandum and Articles of Association. These two key corporate documents set out the objects of the company as well as how the company must operate.

Memorandum of Association

The Memorandum of Association demonstrates the objects and confirms the commitment of its members to its incorporation.

Irrespective of whether a company is private or public, the Memorandum needs to include the following clauses:

a) Name clause: The name stated in the Memorandum is regarded as the legal corporate name of the company. In case of private companies, the company name must end with the word 'limited' or the abbreviation 'Ltd', while in case of public companies, the required end-wording is 'Public Company Ltd' or 'Public Co. Limited' or 'Public Co. Ltd' or 'PLC' or 'Public Limited' or 'Public Ltd'.