Within the framework of current regulatory obligations, the Cyprus Registrar of Companies and Intellectual Property (DRCIP) has announced an important update regarding the confirmation of ultimate beneficial owners (UBO) for all registered legal entities in Cyprus.
This announcement applies to companies incorporated or registered under the Cyprus Companies Law Cap. 113, as well as European Public Limited Liability Companies (SE) and all Partnerships (hereinafter referred to as “Organizations”) or their respective officers/partners.
The essence of the requirement is that all companies and organizations must access the beneficial owner registry system to confirm or update their UBO details
The information must be confirmed from the period October 1, 2025 – December 31, 2025.
Please note that Companies/partnerships that have submitted an application for strike off after 12/03/2021 or their liquidation started after 12/03/21 are still obliged to identify and record electronically on the UBO register, all relevant information of the beneficial owner/s who own or control them.

What actions need to be undertaken?
To comply with the UBO confirmation process, companies must:
- Access the Beneficial Owners Registry system.
- Confirm or update their UBO, Senior Management, or Due Diligence details.
- Submit the required information no later than December 31, 2025.
We comprehend the significance of staying up-to-date with all compliance and regulatory requirements. Our experienced team is ready to assist you in submitting and confirming your UBO details with the Registrar of Companies.
We are eager to ensure that your business has completed all compliance procedures and regulatory obligations.