Changes in the anonymity status of BVI companies. The “BOSSs Act”

On June 12th, 2017 the BVI Government enacted the Beneficial Ownership Secure Search system Act, 2017 (“BOSSs Act”) and it shall come into force on June 30th, 2017. The BOSSs Act creates a secure system, the Beneficial Ownership Secure Search System (“BOSSs”) for the effective, efficient and confidential storage of information regarding the beneficial owners […]

Annual government levy deadline, 30th of June 2017.

Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2017. The settlement of the annual duty should ONLY be done through JCCSmart website through the following link: https://www.jccsmart.com/  Please follow the instructions below: Instructions for the payment of Cyprus Companies annual levy (2017) […]

Cyprus – The Real Return on Investment!

“Cyprus, a country that is exceptional for business and ideal for living!” Watch a promotional video prepared by the Public Information Office which summarizes in 3.30 minutes the virtues of Cyprus as a place to invest, live, work, relax and enjoy! Congratulations to everyone that contributed to this nice piece of work!.  

Annual government levy deadline, 30th of June 2016.

  Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2016. The settlement of the annual duty should ONLY be done through JCCSmart website through the following link: https://www.jccsmart.com/  Please follow the instructions below: Instructions for the payment of Cyprus Companies annual […]

Seminar – Company Directors: Duties & Liabilities

  Our managing partner Christophoros Chirstophi will be presenting a series of two seminars  for the Cyprus Fiduciary Association entitled “Company Directors: Duties & Liabilities” The seminars will be held on the 23/06/16 (Thurs.) at Cleopatra Hotel, Nicosia  and on the 24/06/16 (Fri.), St. Raphael Resort, Limassol. The presentation aims to provide an in-depth analysis of the role of […]

Cyprus company strike off.

A company is a legal person. As such it has what is called “perpetual succession”. In other words it never dies. The question offers arises how a company can be dissolved or be “killed”. In most common law jurisdictions there two methods: One is called “strike-off” and the other “liquidation”. We shall examine each in […]

How to pay the annual government levy to the Registrar of Companies.

Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2014. The settlement of the annual duty should ONLY be done through JCCSmart website through the following link: https://www.jccsmart.com/ Please follow the instructions below: Instructions for the payment of Cyprus Companies annual levy (2014) […]

Voluntary Liquidation of a Cyprus Company.

A Cyprus company is can be liquidated in two ways: By voluntary and involuntary liquidation. Voluntary liquidation can take two forms: voluntary liquidation by shareholders or voluntary liquidation by creditors. This article examines the procedure for voluntary liquidation by shareholders i.e. where the shareholders of a company decide voluntarily to dissolve the company. The regulating authority […]

Four key pillars for structuring a Cyprus company

Structuring a company in Cyprus is a breeze, and luckily for offshore business owners, an LTD can be registered from outside of the country, making the process even more manageable. Plus, Cyprus banks make it easy for international clients to set up accounts. With a ready-made shelf company, it takes only one day before you […]