The release of the information added on the UBO Registry in Cyprus is divided to two phases: Phase 1. During the first 12-month reporting period, i.e., starting from 12.03.2021 to 12.03.2022, only Cyprus competent supervisory authorities such as the...
What is the annual return? The Annual Return (also known as form HE32) is a statutory document that Cyprus companies must submit to the Company Registrar each year as provided for in section 118 of the Companies Law. The annual return is like a...
Cyprus is an ideal destination for EU citizens to open a licensed travel agency due to the favourable conditions, low license fee and low cost of living in general. The licensing authority is the Deputy Ministry of Tourism. The prospective applicant...
Κόστος εγγραφής. Το κόστος εγγραφής αλλά και τα έξοδα διαχείρισης μίας Κυπριακής εταιρείας είναι το πρώτο ερώτημα που τίθεται από ενδιαφερόμενους πελάτες. Σε αυτό το άρθρο αναφέρομαι στα βασικά που πρέπει να γνωρίζει κάποιος. Υπάρχουν τέσσερα είδη...
A Cyprus company is can be liquidated in two ways: By voluntary and involuntary liquidation. Voluntary liquidation. Voluntary liquidation can take two forms: voluntary liquidation by shareholders or voluntary liquidation by creditors. This article...
Cyprus law recognizes the concept of trust both under statute and in equity. Under this concept it is possible for someone to hold the legal title of a property for the benefit of a third party. So to take the example of shares in a private...