FAQ's-UBO's
Exemptions
1.Overseas Companies are obliged to submit data;
No, Overseas Companies are not considered legal entities within the meaning assigned to it as per the provisions of article 2 of the Registrar’s Directive in relation to the terms “company” and “other legal entity”.The establishment of place of business in the Republic of Cyprus does not require the creation of a new legal entity but rather creates the possibility for a legal entity incorporated outside the Republic to operate as a branch in the Republic of Cyprus.