In Cyprus, tradenames are regulated under the Partnerships and Business Names Law (Cap.116).
Trade name is the name under which a business operates, distinct from its legal entity’s registered name.
Before proceeding with the registration of the tradename, you must first decide upon the proposed name for the tradename, which will have to be approved by the Registrar of Companies.
Once you decide upon the proposed name for your business name, and before submitting an application for approval of the proposed name, you are advised to conduct an online search on the business entities’ register of the Registrar of Companies in order to determine whether there is already a registered business name with the same, or a similar name. If the proposed name is similar to an already registered name, it will only be considered if the application is accompanied by written consent from the existing entity allowing the use of that name.
Once a proposed name is approved, it is reserved for a period of six (6) months. During this time, the application (EE1) for the incorporation of the business must be submitted. If the application is not filed within this six-month period, the name reservation will expire, and a new application for name approval will need to be submitted.
Once your proposed name has been approved, you may proceed with the submission of the application (EE1) for the incorporation of business name, within one month from the date of commencement of business, either via e-filing or by hand/via post to the Registrar of Companies.
Provided that the Registrar of Companies is satisfied that all the relevant legal requirements for the registration of a business name have been met, it will proceed with the registration of the business name, the publication of the Company’s registration to the Official Gazette and the issuance of the certificate of its incorporation.
For further information on this topic please contact AMG MYLONAS & ASSOCIATES LLC by telephone +357 25101080 or via email info@mylonas.law
The information provided by Mylonas Law is for general informational purposes only. It does not constitute or should not be read as a legal or tax advice. You should not act or refrain from acting based on any information provided above without obtaining legal or other professional advice. No responsibility can be accepted by the authors or the publishers for any loss occasioned by acting or refraining from acting on the basis of this publication.