Guidance

Who is excempted from the obligation to submit financial statements

Financial Statements of an overseas company

An overseas company which is a member-state of the European Community and is under the law of the state and of European directives is exempted and is not obliged to submit the financial statements to the Registrar of Companies. In such case, the company submits to the registrar of companies a certificate signed by a director and the secretary of the company that the company is excluded.

Financial statements of an overseas company’s place of business

An overseas company that has prepared audited financial statements and has submit them for publication in the country of origin where they have been prepared according to the same standards as if they were in the Republic of Cyprus, is exempted from the submission to the Registrar of Companies.