No.718
Char, Schl, Relig and Cult. Organisations
Requirements for Managing Personnel
If a public company has less than 50 shareholders and its shares haven’t been accepted for trading by a stock exchange, it can be transformed into a private company, provided that all the shareholders approve the change. The number of shareholders can be determined by referencing the names of shareholders listed in the register of shareholders.
Financial strength: The regulator may take into account the financial strength of the applicant when determining the cost of the licence. Larger and more financially sound companies may pay less for a licence as they pose less risk to the regulator.
Copies of documents (passports) of founders and directors
Drafting of required documents
Information on each member (identification, residence, etc.)
Transaction monitoring: check your account regularly for unexpected transactions or unexpected charges.
To open a bank account in Cyprus, an individual will need the following documents:
To initiate the acquisition process of a ready-made crypto company, you’ll have to provide us with the following documents: