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Set up a Laundry Business in Cyprus

Set up a Laundry Business in Cyprus

A laundry business can be an attractive way of starting a business in Cyprus and it can address to the needs of both local citizens, as well as foreigners who are travelling here. In order to open a company in Cyprus as a laundry business, the investor will need to register the company following the applicable procedure available for any other type of legal entity, but it will also be necessary to respect a set or rules related to the devices used in the laundrette, as well as on the conditions in which such an activity may be carried out. Our team of company formation agents in Cyprus can offer assistance during the incorporation procedure and advice on the main requirements set out for this type of business.

Launderette in Cyprus

Opening a launderette in Cyprus will require finding suitable washing machines as well as drying machines. Moreover, it will also be necessary to find a location that will best serve the company’s needs.

Depending on the business plans of the investor, the laundry services can also include the delivery of the respective products to the client. Laundry companies in Cyprus can have numerous business opportunities, in the sense that they can address not only to natural persons, but also to other legal entities, such as accommodation units or restaurants and other catering businesses, thus increasing the company’s business potential. Our team of company registration representatives in Cyprus can provide assistance on how to start a laundry business.

Those interested in company formation in Cyprus as a launderette may set up their business in the centre of the city, where they could increase the number of potential clients.

First-time investors have an important decision to make: choosing the legal entity under which their businesses will operate. An option is to buy a Cypriot shelf company which can come in the form of a limited liability company, which is the most popular legal entity in this country. There is also the possibility of opting for public companies, however, these are hard to come by.

Register a laundry company in Cyprus

In order to start the procedure of company registration in Cyprus, the investors will first have to choose a legal entity to represent their business. Most of the companies in Cyprus are incorporated as limited liability companies, but another option is to purchase a ready-made company, available for sale.

If the investor will choose the second option, he or she will be able to begin the business activities in a faster manner, as the sale/purchase procedures can be completed in 1-2 days.

Investors are invited to contact our team of Cyprus company formation consultants for more details on how to open a laundry business here.