FAQ's-UBO's
Partnerships
1. Are Partnerships obliged to submit data?
Yes, following a legal opinion from the Attorney General, all Partnerships registered in the Registrar of Companies pursuant to article 50 of the General and Limited Partnership and Business Names Law (Cap. 116) have the obligation to enter their beneficial ownership details onto the UΒΟ system.
The process for Partnerships will be similar to that of the submission of beneficial owners details for companies. See relevant information in the guidance.
In addition, following our announcement dated 04.06.21 regarding the possibility for company officials to submit the beneficial owners details in October, please be advised that a similar opportunity will also be given to partners.
Partnerships are advised to proceed with the creation of a profile in the governmental gateway gov.cy, following the procedure that also applies for companies. For further information, please see the guidance as well as the frequently asked questions.
The process for Partnerships will be similar to that of the submission of beneficial owners details for companies. See relevant information in the guidance.
In addition, following our announcement dated 04.06.21 regarding the possibility for company officials to submit the beneficial owners details in October, please be advised that a similar opportunity will also be given to partners.
Partnerships are advised to proceed with the creation of a profile in the governmental gateway gov.cy, following the procedure that also applies for companies. For further information, please see the guidance as well as the frequently asked questions.
