Corporate Services

Backed by a professional team with tremendous depth of experience, Conspectus can offer a complete set of Corporate Services undertaking any task associated with incorporating, managing and administrating a company in Cyprus or the rest of the world.

Conspectus’ professional staff can help you with the set-up process for the registration of:

  • Cyprus Companies
  • Foreign Companies in a number of other onshore and offshore jurisdictions including UK, EU, British Virgin Islands (BVI), Marshall Islands, Belize, St. Vincent & Grenadines, Malta, Panama, Singapore, Dubai, Abu Dhabi, China and many other jurisdictions
  • Cyprus Trusts
  • According to the Cyprus Company Law, every company registered in Cyprus has to appoint a secretary. Our experienced staff is familiar with all the legal obligations a secretary has to comply with.

    Just to name some, the most important duties undertaken by a company’s secretary are:

  • Preparation of the Annual Return of the company
  • Preparation and safe – keeping of share certificates and the common seal of the company
  • Preparation of the minutes of the Directors' and Shareholders' meetings
  • Preparation of the minutes of the annual general meeting
  • Preparation of the minutes for appointment of auditors
  • Arranging for legal opinions
  • Dealing with correspondence of third parties and authorities
  • Implementation of changes of shareholders
  • Increase and reduction of share capital
  • Change of company name, directors and secretary
  • A company is considered a Cyprus tax resident if it is managed and controlled from Cyprus, i.e. if the place of effective management is Cyprus. A company meets the minimum effective management requirements if: a) the majority of its directors are Cyprus tax residents, b) most of the board meetings take place in Cyprus and c) the company has a registered office address in Cyprus.

    To help our customers meet the above minimum requirements we offer the bellow Domiciliation Services

    Provision of directors

    A Cyprus company must have at least one director which can be either a company or a physical person. Our company can provide both corporate and individual directors.

    Provision of registered office

    We can provide a registered address for the delivery of mail and other documents.

    Provision of nominee shareholders

    In cases that beneficial owners prefer anonymity, our company can act as nominee shareholder and hold the shares of the company on trust for the beneficial owner.

    Our list of Banking Services include:

    Bank Account Opening

    Having established a wide network of banking relations we can help our clients open bank accounts in Cyprus and abroad. Account opening in overseas jurisdictions includes, but is not limited to, bank accounts in the UK, Switzerland, Gibraltar, Lichtenstein, Latvia, British Virgin Islands (BVI), Marshall Islands, Belize, St. Vincent & Grenadines, Malta, Hong Kong, Dubai, Abu Dhabi and many other jurisdictions.

    We can also assist our clients select the type of account that best suits their type of business

    Bank Account Management Services

    Our experienced banking professionals can assist clients with maintaining and operating of banking accounts. As it is the usual business practice to maintain multiple banking relations, Conspectus can be the single point of contact for all such banking relations, saving client’s valuable time.

    Although this service can take various forms, the most common services offered are:

  • Monitoring of Bank Movements and maintenance of accounts records
  • Bank account signatory services
  • Execution of Bank Payments and money transfers
  • Liaison with bank representatives when needed (e.g. for complicated transactions)
  • Investment Products assessment
  • Our team of legal advisors can provide legal consultation over the whole spectrum of corporate and business law. We have tremendous experience in procedures such as:

  • Mergers and Acquisitions
  • Partnership agreements and dissolutions
  • Legal Due Diligence
  • Joint Venture Agreements
  • Provision of legal assistance to active Companies
  • Inter – Company agreements
  • Loan Agreements
  • Re-organizations
  • Through our trusted associates we can provide a comprehensive portfolio of accounting and audit services. Some of the services provide include:

  • Maintenance of accounting records
  • Bookkeeping Services
  • Preparation of periodic management accounts and other reports
  • Filling of annual returns
  • Preparation of financial statements in accordance with International Financial Reporting Standards
  • Issuance of sales invoices
  • VAT preparation and reporting
  • Conspectus can provide clients with a list of payroll services. Clients can elect to outsource some or all of the below services:

  • Registration of the company as employer and of its employees with the relevant authorities
  • Liaising with the income tax authorities and the Department of Social Security
  • Drafting employment contracts
  • Carrying out payments to employees and to the Government authorities;
  • Preparing and submitting tax returns and all other relevant forms;
  • Maintaining proper payment records as required by the legislation;
  • Advising on employment law and regulations, as well as on all legal and tax issues that may arise regarding the company’s payroll
  • Assisting in obtaining work and residence permits
  • Our team of specialists can assist you throughout the entire process of obtaining a license from Cyprus Securities and Exchange Commission (CySec) for a Cyprus Investment Firm (CIF) or an Alternative Investment Fund (AIF). Conspectus can help by:

  • Designing a cost efficient structure based on the client’s needs and taking into account various tax and legal issues
  • Incorporating the company to be licensed
  • Preparation and submission of a license application to CySec, including the follow up of the process until authorization is granted and the subsequent activation
  • Assist in the proper staffing with professional and licensed staff
  • Escrow services are intended to provide a means of security associated with the execution of important business and financial transactions. As an escrow service provider, we can cooperate with all the principals of a transaction (such as Buyers, Sellers, Lenders, and Borrowers) to assure timely and proper exchange of funds and documents as per the pre agreed conditions.

    We can assist our clients in one of the following ways:

  • Drafting of Escrow Agency agreements
  • Act as an Escrow or a co-Escrow Agent
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