Change Name – Cyprus Company

Change Name – Cyprus Company

Requesting a name at the Registrar is the first step towards forming a Cyprus Company. In most cases a lot of brainpower is put into deciding on the name whereas in other cases it’s as simple as using LTD after your very own name. If it is ever time to change...
Transfer of shares when is it effective?

Transfer of shares when is it effective?

In the case of Morsa Trading the district court held that a person becomes a registered member of a Cyprus company when that person’s name is registered in the register of members. Accordingly, the transfer of shares in a Cypriot Company requires, amongst other...
New Electronic Filing Process at the ROC

New Electronic Filing Process at the ROC

In yesterday’s announcement the Department of the Registrar of Companies and Official Receiver informed the public that as of the 2nd of October 2019 the practice currently followed for the electronic filing of forms HE4, HE57 and HE2 will change. Until now any person...
Shell Companies per Central Bank of Cyprus

Shell Companies per Central Bank of Cyprus

Shell Companies per Central Bank of Cyprus On the 2nd of November 2018, the Central Bank of Cyprus issued a Circular Letter to its members with reference number BS 6020 addressed to the Money Laundering Compliance Officers or all Credit, Payment and E-Money...