What Is a Certificate of Incumbency in Cyprus? (2025 Guide)
What Is a Certificate of Incumbency in Cyprus? (2025 Guide) A Certificate of Incumbency is one of the most commonly requested corporate documents when dealing with banks, international authorities, or foreign business partners. In Cyprus, this certificate plays a vital role in verifying a company’s current structure, especially in jurisdictions where due diligence and anti-money […]
Certificate of Good Standing Cyprus (2025 Guide)
How to Get a Certificate of Good Standing in Cyprus (2025 Guide) A Certificate of Good Standing is a vital corporate document that confirms a company’s legal existence and compliance with the statutory requirements of the Cyprus Companies Registrar. Whether you are expanding internationally, opening a corporate bank account, or entering into cross-border agreements, this […]
Register a Holding Company in Cyprus | Full Guide 2025
Register a Holding Company in Cyprus | Full Guide 2025 Cyprus has established itself as one of the most favourable jurisdictions in the European Union for the incorporation of holding companies. With its strategic geographic location, robust legal system based on English common law, full EU membership, and highly attractive tax regime, Cyprus continues to […]
When Do You Need to File an Annual Return in Cyprus?
When Do You Need to File an Annual Return in Cyprus? Filing an Annual Return (HE32) is a crucial compliance requirement for all registered companies in Cyprus. As per the Companies (Amendment) Law 2024, N.18(I)/2024, failure to file on time may result in financial penalties. Here’s what you need to know about when and how […]
Late Fees for Filing Financial Statements in Cyprus: What You Need to Know
Late Fees for Filing Financial Statements in Cyprus: What You Need to Know The Department of the Registrar of Companies and Intellectual Property has announced a significant amendment to the Companies Law, as per the Companies (Amendment) Law 2024, N.18(I)/2024. Published in the Official Gazette of the Republic on March 5, 2024, this amendment sets […]
Step-by-Step Guide to Setting Up a Cyprus Company in 2025
Step-by-Step Guide to Setting Up a Cyprus Company in 2025 Why Set Up a Company in Cyprus? Cyprus is one of the most attractive destinations in Europe for company formation due to its low corporate tax rate of 12.5%, extensive network of double tax treaties, and a business-friendly legal framework. Whether you are an entrepreneur, […]
Important Update: Transition to TFA System for TF7 Declarations
Important Update: Transition to TFA System for TF7 Declarations Connor Corporate Services Ltd is committed to keeping employers informed about regulatory changes that impact compliance processes. Starting in mid-2025, the Tax Department will mandate the exclusive use of the TAX FOR ALL (TFA) system for submitting Withholding Tax & Contributions (TF7) Declarations and related payments. Here’s what you […]
How to Obtain Official Company Certificates in Cyprus
How to Obtain Official Company Certificates in Cyprus Obtaining official company certificates in Cyprus is essential for various legal and administrative purposes, such as opening bank accounts, verifying company details, and conducting due diligence. These certificates are issued by the Department of Registrar of Companies and Intellectual Property. Types of Company Certificates Available in Cyprus […]
UBO Register Cyprus Update 2025
UBO Update 2025: Key Changes in Cyprus Beneficial Owners Register The Department of Registrar of Companies and Intellectual Property (ROC) has introduced critical updates to the Ultimate Beneficial Owners (UBO) Register framework in Cyprus. These changes, effective January 2025, reflect the government’s continued commitment to corporate transparency and compliance with anti-money laundering (AML) regulations. Businesses […]
Cyprus Company Registration: Benefits, Types, and Key Considerations
Cyprus Company Registration: Benefits, Types, and Key Considerations If you’re considering Cyprus company registration, you’re exploring one of the most business-friendly environments in the European Union. With a strategic location, favorable tax policies, and a streamlined incorporation process, Cyprus is a hub for entrepreneurs and corporations alike. At Connor Corporate Services Ltd, we specialize in […]