Knowledgebase

The main criteria of review of the form HE14 are:

• company name and number;
• description of registered authorised share capital and of additional authorised share capital;
• description of additional authorised share capital;
• officer’s signature (in case where the officer is a company, the company seal is required).

According the case it is examined that the following documents have been attached:

• form HE14 is accompanied by a copy of the resolution (ordinary or extraordinary) referring to the authorised share capital before and after the increase and is certified by signature of a director or the secretary of the company;
• in case where the resolution is in another language than greek, certified translation of the resolution, either by an affidavit or by sworn translator of the Republic of Cyprus, must be submitted;
• in case where a translation file in a foreign language has already been opened, a certified translation of the resolution, either by an affidavit or by sworn translator of the Republic of Cyprus, must be submitted in the said language along with a corresponding fee of twenty euros (€20) for regular process and forty euros (€40) for accelerated process;
• the decision date must be referred to the resolution and certified by a director or the secretary of the company.

Most common reasons for rejection of documents by the examiner:

• the form submitted is not the statutory form. The statutory forms are available on the webpage and at the offices of the Department;
• failure to complete/submit the above details.

For further information regarding the relevant procedure, you are advised to refer to page Updating Share Capital and Shareholders.