en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstagram
+359-2-953-2989
НОВИНИ

Безплатна консултация
Регистрирайте се за нашия бюлетин
Отговор на ваши запитвания
Брошури за сваляне
Заявка на брошура
Архив на бюлетина
5 Минути Офшор
Защо ЛАВЕКО?
Как да поръчаме компания от ЛАВЕКО?
Последни новини
Валутни курсове: USD/1 unit
2018.02.21
HUF 0.0039
GBP 1.3918
CHF 1.0659
RUB 0.0177
HKD 0.1278
JPY 0.0093
CNY 0.1576
CAD 0.7892
AUD 0.785
BRL 0.3072
EUR 1.2312

НОВИНИ

Cyprus: mandatory registration of trusts introduced


18/10/2013

On 9 September 2013, amendments to the law regulating trust were published in the Official Gazette.

According to the amendments, it is obligatory for persons managing and administrating trusts to disclose the identity of beneficial owners.

In addition, details of the following parties have to be provided:

  • The settlor
  • The trustee
  • The beneficiary
  • The protector
  • Investment and tax consultants and accountants

The newly established “Trust Registries,” are administered by several competent authorities (i.e., Cyprus Securities and Exchange Commission, Cyprus Bar Association and Cyprus Association of Certified Accountants) that are allowed to exchange, but not publicly disclose, information on trusts.

In particular, the information includes:

  • The name of the trust
  • Names and addresses of trustees
  • The date of creation of the trust
  • The date of any changes to the law governing the trust
  • The date of termination of the trust
  • Activities of the trust
  • Names of any other persons that effectively control the trust

The information has to be sent to the competent authorities within 15 days from the creation or termination of the trust, and they are obligated to keep the information for five years (after its termination).

www.tmagazine.ey.com

Related jurisdictions:
Кипър
Top