Corporate Administration
Company Formation
A Company may be created in Cyprus as a legal entity by being registered under the provisions of the Cyprus Companies Law, CAP 113.
A Cyprus Company is required to prepare financial statements in accordance with the relevant provisions of the Cyprus Companies Law, Cap. 113 and the International Financial Reporting Standards and file these with the Registrar of Companies every year.
Numerise can arrange for the formation and incorporation of a Limited Cyprus Company through our associated and dedicated team of lawyers.
Shelf companies are maintained and readily available upon request. Taking ownership of a ready-made shelf company is generally much faster than setting up a company up from scratch.
Corporate Administration
We provide a complete range of administration services for the day to day operations of our corporate clients which include the:
- Provision of Nominee duties (Directors, Shareholders, Secretary, Registered Office)
- Preparation, review and execution of agreements
- Preparation and legalization of official documents
- Registration with Tax authorities, Customs and Excise Department
- Arranging for the certification and apostille of Corporate Certificates and/or other documents
- Providing translation and notarization of documents
- Escrow services
- Assist with the dissolution and liquidation of entities that are dormant or no longer required
- Handling correspondence with third parties and various authorities
Company Secretarial
A company secretary is the most senior administrative officer of a company or organization. Its role is to ensure that the company complies with all standard financial and legal requirements, as legislated in the jurisdiction of incorporation.
Our experienced corporate team provide on-going corporate secretarial support and will take responsibility for:
- Maintaining and safekeeping the statutory records and registers of the company
- Scheduling of meetings
- Maintenance of minutes of board of directors and shareholder meetings
- Completion and submission of company returns and other forms to the Registrar of Companies
- Updating of constitutional documents and notifications to the Registrar of Companies of any changes.
- Ensuring compliance with legal obligations
- Arrangement and implementation of share transfers and changes in shareholding
Bank account opening and management
The dramatic changes in banking over recent years represent a challenge which has made opening and maintaining a bank account more complex than ever before. They undertake increased due diligence and request complicated applications and extensive documentation.
We acts as authorised introducers to all major Cypriot Banks along with a growing list of European and International Banks and can assist our clients with the opening of corporate and personal bank accounts in Cyprus and overseas as well as assisting with any other banking related functions such as:
- Operating bank accounts
- Provision of bank signatories and processing bank instructions
- Management and administration of bank accounts
- Compliance with bank, Know-your-Customer (KYC) and due diligence requirements.