Cyprus announces exemptions to the public UBO register for companies under liquidation
30 Dec 2021
On 13 December 2021, the Cypriot competent authorities announced that companies which have filed an application to be struck from the Register before 12 March 2021, or where their liquidation has begun prior to 12 March 2021, will be exempt from the obligation to make a filing under the Beneficial Owners register.
The effective dates for exemption purposes are:
- In case of Strike Off, the date of submission of the relevant application with the Registrar
- In case of Voluntary liquidation, the date of the Resolution approving liquidation of the company
- In case of Liquidation by Court Order, the date of submission of the application for liquidation with the Court
It has also been clarified in the same notice that where companies are without officials (directors, etc.) after 12 March 2021, the obligation to register the Beneficial Owners of the Company remains.
The official announcement can be found here.