Cyprus: Types of Company
Partnerships fall under the Partnerships and Business Names Law Cap 116, basically similar to the equivalent English legislation. They must be registered with the Registrar of Partnerships within one month of formation, giving name, purposes, place of business, full particulars of the partners etc. Foreigners may belong.
A general partnership may have between 2 and 20 individual members (up to 10 only, if it intends to conduct banking business).
Partnerships do not need to file accounts or to be audited.