Cyprus: Types of Company
Company Limited by Guarantee
In this type of company, each member who contributes capital can set their own limit to which they will be liable, subject to agreement. As in England (English law is the basis for Cypriot law), companies limited by guarantee are normally only used for charitable or non-profit-making purposes. Apart from their share structure, they are similar to other types of private company and also fall under Cypriot Companies Law.