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CMCY | Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies (BCS)
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Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies (BCS)

08 Dec Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies (BCS)

Posted at 09:56h in Uncategorized by

On 30/11/2022, the Council of Ministers approved the Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies.

The Decision modifies the eligibility criteria of foreign interest companies and specifically includes the criterion of a company’s obligation to prove an initial investment in the Republic of at least €200,000, which should be proven by presenting the appropriate certificates.

The Decision enters into force on December 12, 2022.

For more information you may contact us at info@cmcylaw or at +35725255059

Nikolas Christofinis

Advocate