The Department of the Registrar of Companies and Intellectual Property has announced the opening of the 2026 annual confirmation period for the Cyprus Register of Beneficial Owners (UBO Register). All entities falling within the applicable requirements must review and confirm their beneficial ownership information between 1 October 2026 and 31 December 2026. The annual confirmation process is an important corporate compliance obligation for entities registered in Cyprus. Busi

A significant overhaul of Cyprus trust legislation is being advanced through a bill submitted to Parliament by the Cyprus Bar Association, with the objective of modernizing one of the most important legal mechanisms used for asset management, business succession, wealth preservation and private estate planning. The proposal represents one of the most substantial reforms to trust law in recent years and is designed to update the existing legal framework while removing long-sta