Companies may list their shares (ordinary, preference) on the Emerging Companies Market of the Cyprus Stock Exchange (ECM).
For example, in this market, there is
The whole listing process takes 4-6 months to complete.
Startups or newly formed public companies with no pre-history need only to have 10 shareholders to setup the registry and can list their already issued shares together with a business plan and 3-year financial forecast.
A listed company will require minimum 3 Directors, with 1 Director Executive to be responsible for the day-to-day affairs of the company. The other 2 can be non-executive directors. The CV, educational and business background of all directors will need to be provided to the CSE and is open for public scrutiny.
Every listed company on the ECM needs to appoint an approved by the Cyprus Stock Exchange Nominated Advisor (Nomad) which will be responsible for the company’s listing.
Eurivex is an approved Nomad and offers complete solutions including preparation of the Admission Document, pass the application through the CSE and act as the company’s Nomad offering solutions to most of your problems.
The company also needs to have registered office, legal advisor, auditor, and reveal the banks where it has a relationship.