Halvorsen & Reith

Director requirements in Cyprus

What Cyprus requires of a board and who may supply a director.

Summary

Is the provider licensed
yes
Is arranging an appointment caught
no — statute regulates provision, not arranging
Is nominee status public
not yet - nominee arrangements enter the central beneficial ownership register from 10 July 2027 under AMLD6 art. 10Directive (EU) 2024/1640 art. 10: information on nominee arrangements is held in the central beneficial ownership register of the Member State in machine-readable format. Transposition 10 July 2027. Asource
Resident director required
noCompanies Law Cap. 113 requires at least one director, a company secretary and a registered office in Cyprus. No residency condition is imposed on directors. Bsource

Governing provision

The licensing position above is recorded in the firm's verified register under entries DL-007, DL-019, DL-020. The primary texts behind it are listed in the Sources section below.

No entries for this jurisdiction are pending verification.

Regulator

CySEC

Advisory perimeter

medium — absolute prohibition on directing the board

Liability of the appointed person

Not yet confirmed against a primary source. This entry is published once the position has been verified.

Sanctions

Not yet confirmed against a primary source. This entry is published once the position has been verified.

Last reviewed: 2026-08. Source status: CONFIRMED.

Related jurisdictions

Related practices

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Sources

Every statement above is tied to an entry below. Confidence A means a primary text or a regulator statement. Confidence B means a consistent professional source, or a conclusion drawn from the absence of a provision.

  1. B alternative route — No resident director is required in this jurisdiction, so no substitute arrangement arises. Derived from JF-018 reviewed 2026-08
  2. A nominee status public — Directive (EU) 2024/1640 art. 10: information on nominee arrangements is held in the central beneficial ownership register of the Member State in machine-readable format. Transposition 10 July 2027. EUR-Lex reviewed 2026-08
  3. B resident director required — Companies Law Cap. 113 requires at least one director, a company secretary and a registered office in Cyprus. No residency condition is imposed on directors. Multilaw global entities guide and Cyprus law firm publications reviewed 2026-08

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