Guidance

Updating Directors

The European company officers are by law responsible for the management of the European company and for keeping of the accounting books which are important for the preparation of financial statements.

Folloing its registration, a European company may proceed with changes in relation to its officers, such as appointment, termination/ resignation of an officer, or changes with regards to an officers' personal details, such as a change of name and address.

What are the prerequisites for someone to be appointed as officer?

A European company must notify the Registrar of Companies of any changes regarding European company officers by submitting form ED7 within fourteen (14) days from the date of change.

Registering change

You can submit the notification of change in officers (form ED7), by hand/post, accompanied by the fee of twenty euros (€20) and in the case of the accelerated procedure, the additional fee of twenty euros (€20) (payable in cash, by cheque, via an account maintained with the Department of Registrar of Companies or by bank transfer).

A company must have only one secretary.

You are advised to refer to the Explanatory Notes of form ΕΔ7, so as to acquire a better understanding of what is required and to facilitate the process.

Provided that the Registrar of Companies is satisfied that all, relevant to the circumstances, legal requirements have been met, he will proceed with registering the change and updating the companies register.

In the event that the European company requires proof of the change made in the companies register, it may request to obtain certified copies of the change.

Αs from February 12th, 2021, the redesigned form ΕΔ7 has been implemented which concerns the updating of directors. Hereby, the notification of change of the registered office is submitted through form HE2.