The ready made Company is the commonest way for anyone to form a company in Cyprus. Such companies are substantially founded in advance and the businessman who wishes to buy one can make use of it almost immediately. These companies have not done any work in the past and up to the day that one will be undertaken by a client. Normally, shareholder(s) , the director(s) and the secretary are the company's Management, a situation that can be modified according to the client's wishes. Alternatively trusts can be formated and used for beneficial purposes to the real owners, and whereby the real property of the company is substantially transmited to the client. The capital, name and statute of company can also change whenever the clients wishes to. Finaly, the foundation of a fresh company is of course another option usually followed by clients wishing to own a company of concrete type and who are not so much concerned at the time needed to elapse for the formation of a newly registered company.