Business Name Registration in Cyprus
What is a Business or Trade Name?
A business or trade name is the term used to denote a trading call, which isn’t always a legal entity. Business names can be registered in Cyprus under the provisions of the partnerships and enterprise names regulation, cap 116.
Who can register a business name?
- a single person or
- a legal entity.
That’s the procedure for the registration of a business name?
- Firstly, an application for name approval should be filed at the Registrar of Companies’ Office in Cyprus. The name is subject to the approval of the Registrar of Companies, who may refuse to register it on the grounds that it may be similar to an existing one or is considered to be misleading or confusing.
- Within six months after the approval of the name the applicant have to document the correct form (Form B.N 1) duly finished for the registration of the business name.
After the registration, should the owner file additional applications for its renewal?
No, after its successful registration, the business name remains on the register until an application for removal is filed by the owner. In case the owner ceases his/her activities, then within one month a relevant notification must be submitted to the Registrar of Companies.
Does the owner of a business name have intellectual property rights over it?
No, the registration of a business name does not grant any IP rights to its holder. For the IP rights protection, a Trademark must be registered under the Trademarks Law in Cyprus or in another jurisdiction.
For any additional information on the registration of a business name in Cyprus, please get in touch.
For more information and guidance please email iMPK Global Business Law Firm – Cyprus Lawyers, at firstname.lastname@example.org or visit our website at www.impklawyers.com.Tel. +357 99345000 – Fax +357 25 660097.