Marangos And Hadjipapa LLC About Us Areas Of Practice Our Team News FAQs Contact Us FAQs Which Authorities are competent to handle the incorporation of Cyprus Companies? The body authorised to receive and examine applications for the incorporation of a company in Cyprus is the Registrar of Companies and Official Receiver. Other official bodies such as the Income Tax Office of Cyprus and the Cyprus Securities and Exchange Commission, as may be the case, deal with a number of related issues, as shall be seen further below. What forms can a company registered in Cyprus take? What is the Procedure for Registration of a Company in Cyprus? Are the Beneficial Shareholders disclosed? What is the minimum number of Directors? What is the role of Directors as regards Taxation? Who can be a Secretary? Must the Registered Office be located in Cyprus? What is the effect of the Articles of Association? What is the Time Frame for the incorporation of a Cyprus Company? Is it necessary for a Cyprus Company to open a Bank Account in Cyprus? Is it necessary for a Cyprus Company to appoint Auditors? Is it necessary for the Cyprus Company to file Annual Returns? What are the Investment/Financial Criteria? What types of units may be purchased? Which persons does an Immigration Permit Cover? What are the Qualitative Criteria: What is the Procedure for the Submission and Examination of an Application? Are there any Transitional Provisions? What is the Time Frame for issue of an Immigration Permit? Which are the Application Forms required? What are the types of liquidation under Cyprus law? What is a voluntary winding-up? What is the Procedure for a Members’ Winding –Up? What is the Procedure for a Creditors’ Winding-Up? What is the Procedure for Winding-Up by the Court? What is a Just & Equitable Cause relating to liquidation by the Court? What matters may lead to Deadlock? What is Winding-Up subject to the supervision of the Court? What is the Liability of Shareholders in case of Liquidation? Can a Liquidated Company be Revived – Restored NATURALISATION OF INVESTORS IN CYPRUS BY EXCEPTION on the basis of subsection (2) of section 111A of the Civil Registry Laws of 2002-2013 Which are the Criteria for Naturalisation by Exception? Which are the Conditions for Naturalisation by Exception? What documents must be submitted? Does the Company have an Obligation to file Annual Returns? When will the Registrar Strike Off the Company? Can a Company be Revived – Restored following Strike Off? How does the struck off the Register influence the company in general and in particular the carrying on of its business? International Trusts What is a Trust? Which are the Definitions I need to know relating to Trusts? Why Form a Trust? Do I need a Trustee License? What are the Trustees’ Duties and Obligations? What property or assets can a Trust own? Why Choose a Cyprus International Trust (“CIT”)? What are the Registration requirements and what documents need to be disclosed? Which are the Key Points of the International Trust? What are the Particulars of an International Trust? How is an International Trust Taxed? TERMS AND CONDITIONS PRIVACY Designed and developed by Simplex Software & Internet Services © 2015 | Copyright 2015 Marangos & Hadjipapa LLC. All rights reserved.