Fast food businesses are very famous across the world due to the fact that the products sold under this type of establishment can be prepared very quickly. There are numerous types of fast foods, selling pizza products, various sandwiches and other appealing products. Foreign businessmen interested in company formation in Cyprus can open a fast food in this country only if they obtain specific business licenses. The regulation is applicable for both natural persons and legal entities operating in this field and our team of company registration agentscan offer more details on the documents that must be submitted in this case.
Table of Contents
Main requirements for opening a fast food in Cyprus – presented by our Cypriot company formation agents
The process of opening a company in Cyprus is performed following the applicable regulations, regardless of the legal entity under which the business will carry its operations.
The main difference in this sense is related to the issuance of the special business permits and licenses, which can be provided in accordance with the specific activities of the company. Such documents are issued by the Cyprus Tourism Organization (CTO).
How to obtain a catering license in Cyprus
Businessmen – natural persons or legal entities, can obtain a catering license if they meet the following criteria:
• the applicant is a Cypriot citizen or a citizen of one of the member states of the European Union;
• the establishment in which the company will carry its operations has received a planning permit or a building permit
• the company’s manager received an approval from the CTO.
Our team of specialists in company formation in Cyprus can offer more details on this matter, and can help businessmen with advice when applying at the CTO.
Due diligence is always recommended when buying a shelf company in Cyprus. Even if this type of entity is usually safe for business, checking if it has all the documents in order and making sure it fits your market needs are essential steps before completing the purchase, and our agents can help you in such cases.
Documents to submit at the CTO
In order to obtain a relevant business permit, during the company registration in Cyprus, the investors will need to provide the following compulsory documents:
• the title deed of the establishment;
• identity card of the investor;
• the Property’s Owner Solemn Declaration
• details of the proposed manager of the catering business
• a health certificate;
• employment permit;
In the situation in which the applicant is represented by a company in Cyprus, it will be necessary to provide the company’s statutory documents.
We invite businessmen to contact our team of Cypriot company formation agentsfor more details related to the incorporation of a fast food business.