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Home On 30/11/2022, the Council of Ministers approved the Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies.

On 30/11/2022, the Council of Ministers approved the Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies.

Legal support services to businesses
Legal advice on setting up a company and running a business in Cyprus, or on banking compliance
A wide range of services related to corporate changes, including filing the relevant petitions to court.
Full support on setting up and carrying on Cyprus legal entities (including offshore companies.
Opening bank accounts in Cyprus and other jurisdictions.
Creating substance (office) in Cyprus.
Companies merger or acquisition (restructurings of local or EU companies, preparation of a merger plan)
Redomicile from / to Cyprus (change of jurisdiction of the company, for example, from the British Virgin Islands to Cyprus or from Cyprus to Malta, etc.)
Screening the company's status, reissuance of corporate documents, searching for the directors / providers who you lost touch with, and transfer of the company to a new provider
Liquidation of companies in Cyprus and abroad
Legal support services to individuals
Purchase and sale of real estate in Cyprus (full support)
Setting up a business in Cyprus
Tax residence in Cyprus
Permanent residence permit in Cyprus
Legal representation in Cyprus
Inheritance cases
Translation of legal documents
Settlement of property relations between the spouses, handling other arrangements during the separation of spouses

The Decision modifies the eligibility criteria of foreign interest companies and specifically includes the criterion of a company’s obligation to prove an initial investment in the Republic of at least €200,000, which should be proven by presenting the appropriate certificates.

The Decision enters into force on December 12, 2022.

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