One of the key criteria to demonstrating that the management and control of a company is carried out within Cyprus is for the majority of the directors on the Board to be Cyprus residents and that the major management decisions of the company are taken in Cyprus.
CPM can hold shares in trust for the benefit of the client and deal with, or dispose of the shares, as the beneficial owner shall instruct. CPM ensures that the personal information of the beneficial owner is not disclosed under any circumstances, unless required to do so by the Courts or as part of an investigation into certain specific criminal activities.
CPM can provide a registered office address together with any required facilities in the desired country of incorporation, as required by law.
Every Cyprus company must have a secretary who is responsible for maintaining the company’s statutory registers and records in accordance with the standards imposed by the laws of Cyprus. The secretary shall act under the instructions of the board of directors in order to prepare and file all statutory forms, resolutions and annual returns with the Registrar of Companies.