Submission to UBO Registry

At IBCCS TAX we are experienced international tax planning advisers offering legal
& tax advisory assistance both on an international and local scale.

What is UBO Register?

The UBO Register is an electronic service for the registration of beneficial owner details of each company. It is an electronic platform on the Registrar of Companies website.

Planning, implementation, & compliance

Planning, implementation, & compliance

Frequently Asked Questions

Individuals:
  • Name, surname, date of birth, nationality and residential address;
  • Nature and extent of the beneficial interest held directly or indirectly by each UBO, including through percentage of shares, voting rights, or the nature and extent of the significant influence or control with other means exercised by each controlling person;
  • ID details for Cypriot national and passport details for foreigners;
  • Date on which the person was entered in the register as UBO;
  • Date on there were changes in the particulars of the person or the date on which the person ceased to be a beneficial owner.


Companies/Trusts/other similar legal arrangements:
  • Name;
  • Registration number (if any);
  • Country of Jurisdiction;
  • Business address (not applicable to trust);
  • Nature and extent of the beneficial interest held directly or indirectly by each beneficial owner, including through percentage of shares, voting rights or the nature and extent of the Significant influence or control with other means exercised by each controlling person;
  • Date on which the entity was entered in the register as beneficial owner;
  • Date on which there were changes in the particulars of the entity or the date on which it ceased to be a beneficial owner for UBO register purposes.

Entities are obliged to submit all required information with respect to each of their beneficial owners to the UBO Registry no later than thirty (30) days after the incorporation date.


In the event of a change in the details of a beneficial owner, the company or other legal entity and its officers must submit to the UBO Register the details of the new beneficial owner or any change in the details of an existing beneficial owner within fourteen (14) days from the date on which they became aware of such change.

No. The UBO register is only available to competent authorities upon request. 


Trusts and other similar legal arrangements, the register will be kept with the Cyprus Securities and Exchange Commission, (CySEC) and the information will not be open to the public UNLESS the interested person can show legitimate interest.

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Who reports?

All companies and other legal entities registered within the Republic of Cyprus are required to submit information of their ultimate beneficia owner (UBO).

The responsibility for the submission of information lies with the company and its directors. It is highlighted that fines and penalties may be imposed to companies and their directors that do not comply with their obligation to submit their UBO data.

IBCCS TAX can assist you submit all the necessary data to Registrar of Companies and keep you in compliance with your obligations.

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