A & C CHRISTOFI LTD > Beneficial Ownership Register (15/11/2021)
  • Comments: 0
  • Posted by: ACC IT

Beneficial Ownership Register (15/11/2021)

ubo_registry

According to the Prevention and Suppression of Money Laundering Activities Laws of 2007-2021, companies and any other legal entities incorporated in the Republic of Cyprus must obtain accurate and current information on their beneficial ownership. All the required information about the beneficial owner(s)  who own or control the legal entities must be submitted electronically by the directors (or other officials) to the “Electronic Filing” system, through the government gateway portal ARIADNI, by 12 March 2022. Penalties may be imposed to those that do not comply with their obligation to submit their beneficial owner(s) data.

The Registrar of Companies has issued updated comprehensive guidance that can be accessed here.

For any further information, please do not hesitate to contact us.

Author: ACC IT

Leave a Reply

Covid-19 - Business support, advice, guidance and working arrangements We are posting regular updates to help our clients stay informed - Read about our Covid-19 business support and working arrangements plan. We are posting regular updates to help our clients stay informed.