There are two options when you want to open a bank account for your Cyprus company. Opening a bank account with a commercial bank and Opening a bank account with an electronic money institution. The information relates to the opening of bank...
A company is a legal person. As such it has what is called “perpetual succession”. In other words it never dies. The question offers arises how a company can be dissolved or be “killed”. In most common law jurisdictions there two methods: One is...
Cyprus Offshore Company, the term recently substituted by Cyprus International Business Company, is a separate legal entity. The most commonly used form is private Limited Liability Company. Under this framework, there are many sub structures in...
Many times I get asked the question, usually from minority shareholders, what are my rights as a shareholder? There is a simple answer and a more complicated one. In this article I will list the basic rights of a shareholder, usually referred to as...
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...
Many clients want to remain anonymous for a number of reasons. Anonymity is achieved by using nominees to act as company directors or shareholders...