The establishment of a Cyprus International Business Partnership requires that a specific 2 stage procedure is followed for:
- Obtaining a Central Bank of Cyprus permission
- Registration with the Registrar of Companies
Central Bank of Cyprus permission
The requirements are the same those for the Central Bank of Cyprus permission for an IBC.
Registration with the Registrar of Companies
After obtaining permission from the Central Bank, the partnership must be registered with the Registrar of Companies under the Partnership Law.
The procedure for the formation and registration of an International Business Partnership in Cyprus is effected by the submission of a return to the Registrar of Companies containing: