NEWSROOM

UBO Register – Annual Confirmation of Data
04/10/2024

With an announcement issued on 25 September 2024, the Cyprus Registrar of Companies reminded about the obligation of entities to confirm the details of their Ultimate Beneficial Owner/s in the Register of Beneficial Owners...

Penalties for UBO Register – Update by Registrar
19/07/2024

With an announcement issued on 16 July 2024, the Cyprus Registrar of Companies notified that the announcement of 17 May 2024, on penalties related to...  

Cross Border Conversion
04/06/2024

The Cyprus Registrar of Companies clarified that as per the amending Cyprus Companies’ Law, which was published in the Official Gazette of the Republic of Cyprus on 15/3/2024, the legislation...

UBO Register – Penalties
21/05/2024

The Cyprus Registrar of Companies issued an announcement on 17 May 2024, stressing that in case of change of officers in a company or partners in a partnership, it is the...

Announcement by Registrar for Abolition of Annual Levy
22/03/2024

The Registrar announced on 21 March 2024 that the abolition will be with effect from 2024, therefore all levies up to and including 2023 are still due.

UBO Register – Problematic Cases
15/03/2024

The Cyprus Registrar of Companies issued an announcement on 14 March 2024, focusing on the cases where it is not possible to comply with the obligation to submit information...

Annual Levy to be Abolished
23/02/2024

The Council of Ministers of the Republic of Cyprus decided on 21 February 2024, to abolish the Annual Levy of €350 payable to the Registrar of Companies...

Cancellation of Penalties for Late Submission of Data to UBO Register
01/02/2024

The Cyprus Registrar of Companies announced, on 31 January 2024, that any penalties imposed for late submission of data to the Register of Beneficial Owners of Corporate and Other Legal Entities (UBO Register) are waived.

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