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ARTICLE · 21 NOVEMBER 2023

Launching Of The Final Solution – UBO Register

KPMG in Cyprus
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Announcement of the Registrar of Companies – Implementation of the final solution...

CyprusCorporate/Commercial Law
KPMG In Cyprus
KPMG In Cyprus
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Announcement of the Registrar of Companies – Implementation of the final solution

The Registrar of Companies and Intellectual Property has announced the commencement of the implementation of the final solution of the electronic system of the Register of Beneficial Owners calling all the Cyprus Register entities to comply with the provisions of the relevant Directives which was incorporated in the local legislation for The Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2021, and its enactment with the operation of the register of beneficial owners of corporate and other legal entities.

The implementation of the final solution of the electronic system will begin on the 14th of November 2023 through https://ubo.meci.gov.cy/ in which all registered of Government Gateway Portal (Ariadni) can login. The final solution of the electronic system of the UBO Registry will be implemented in its entirety within 2024.

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