Liability limited
Limited by shares
The form the overwhelming majority of Cyprus companies take. Members hold shares with a fixed value on each, the company answers for its own debts, and a member can be asked only for what is still unpaid on the shares held.
- Members hold
- Shares, in one or more classes, each with a par value
- Liability
- Limited to any amount unpaid on the shares
- Members
- One to fifty, with transfers restricted by the articles
- Chosen for
- Holding, trading, intellectual property, financing and shipping companies
- Name ends with
- LimitedLtdΛτδ