Giorgos Agapiou2024-10-10T12:33:29+03:00We are writing to inform you about a critical regulatory requirement announced by the Cyprus Registrar of Companies on September 25, 2024. All entities registered in Cyprus must confirm the details of their ultimate Beneficial Owners (BOs) in the Beneficial Owners Register (BOR).
Confirmation Details:
Process Duration: October 1 - December 31, 2024
Applicable Entities: Companies under Companies Law, Cap. 113, European Public Limited Companies (SEs), and Cooperatives
If there have been any changes or updates to the Beneficial Owners during this period, they must be completed before proceeding with the confirmation.
Penalties for Non-compliance:
Failure to confirm Beneficial Owners' details within the specified timeframe will incur a financial penalty of €200 on the first day, plus...
