The companies house in Cyprus is the department of the Registrar of Companies and Official Receiver as it is called. The registrar of companies has recently launched a new website at the address https://www.companies.gov.cy/en/ On the new website you can search for existing companies and be informed about the services offered by the Department. If… Read More
There are many reasons to open a company in Cyprus. An important one is the possibilities that are offerred in terms of sensible tax planning. Asset protection is also another important reason. For the international businessperson seeking these benefits, establishing a Cyprus company is the best choice. When you set up a Cyprus company, your… Read More
Following a change in Company Law that took place in March 2019, the non timely submission of the annual return will lead to an automatic fine. The annual return is a standardised document that is filed every year for every company in the Registrar of Companies accompanied by the financial statements of the previous year…. Read More
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 personal rights, in a private limited company. Right to be on… Read More
Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2019. The settlement of the annual duty should ONLY be done through JCCSmart website through the following link: https://www.jccsmart.com/ For any questions please contact our law firm at office@lawyer.com.cy
The Cyprus Companies Law was amended in December 2018 by the House of Representatives (Law 149(I)/2018) . Certain changes came into force at of the date of publication of the amending law; whereas others come into force by the end of 2019 or upon announcement with more guidance from the Cyprus Registrar of Companies. The… Read More