The operation of the Ultimate Beneficial Owners Registry for Cypriot Companies.

According to the provisions of new Cyprus legislation adopted in 2021 concerning money laundering, all Cypriot companies are obliged to register the details of their beneficial owners in an electronic register set up by the Registrar of Cyprus (“the Register”). The Register is publicly accessible from January 1, 2023. The ultimate beneficial owner is a person who directly … Continue reading The operation of the Ultimate Beneficial Owners Registry for Cypriot Companies.