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CONTACT

info@eltrc.com 00357 700 88871

Jul

2024

Establishing a branch in Cyprus

FROM

€

3 CPD Points

HOURS

English

Georgia Onoufriou

description

COURSE DESCRIPTION

This intensive course provides a thorough exploration into the intricacies of setting up and operating a branch office in Cyprus. It is designed to guide participants through the legal landscape of Cyprus, as outlined in the Companies Law, Chapter 113, Section 347. From initial setup considerations to compliance with local operational requirements, this course offers detailed insights into the procedural and documentary obligations required by the Cypriot authorities.

The course is divided into three units, each covering a critical aspect of branch operations. Unit 1 introduces the fundamentals of branch setup, including eligibility and strategic advantages. Unit 2 delves into the specific legal and documentary requirements necessary for establishing a branch, while Unit 3 focuses on the ongoing compliance and operational standards required to maintain good standing in Cyprus. Through a mix of lectures, case studies, and practical document preparation, participants will gain the knowledge needed to efficiently manage a branch office in Cyprus.

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Learning Outcomes:

Understand who can set up a branch in Cyprus, including legal prerequisites and strategic considerations.
Explain the relevant sections of Cyprus's Companies Law that govern branch operations.
Accurately complete and submit required forms such as AE1, AE2, and AE3, and organize other critical documents for the Registrar of Companies.
Describe the main characteristics and advantages of establishing a branch in Cyprus compared to other business entities.
Recognize the roles and responsibilities of the authorized representative required for a branch office.
Identify the types of licenses needed for legal operations and outline the accounting and tax responsibilities for branches in Cyprus.
Equip with the knowledge to maintain compliance with local business, tax, and employment laws to ensure the longevity and success of the branch office.

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CONTENT

course content

Dates and times

03/07/2024: 15:00-18:00

Course content

Unit 1: Overview of Branch Setup in Cyprus

Who can set up branches in Cyprus?
The Companies Law, Chapter 113, section 347.
What are the main characteristics of a branch in Cyprus?
Why open a branch office in Cyprus?

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Unit 2: Legal and Documentary Requirements

Which are the steps for opening a branch office in Cyprus?
Which are the documents to be filed by the parent company to the Registrar of Companies?
Completing the AE1, AE2 and AE3 forms.
What are the roles and responsibilities of the authorized representative to be appointed for a branch office in Cyprus?

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Unit 3: Compliance and Operational Requirements

Which types of licenses are needed to legally operate a branch in Cyprus?
Accounting requirements for branches in Cyprus
What are the corporate tax responsibilities for a branch in Cyprus?

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suitable for

Lawyers

Corporate admins

Accountants/auditors

Insolvency practitioners

Compliance officers

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COURSE PREVIEW

HAVE A LOOK
INSIDE THE COURSE

details

course details

Methodology

Live session - online via Zoom

Interactive lecture with PowerPoint presentation

Case study and analysis and group discussion

Practical exercises to apply legal concepts in real-world scenarios

Q&A sessions for in-depth understanding

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Funding

Funding is not available for this course.

Admission Requirements

Who is this aimed at

Lawyers

Corporate admins

Accountants/auditors

Insolvency practitioners

Compliance officers

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Certificate Awarded

A Training Certificate will be awarded to those participants who will successfully complete the training.

Coming Soon

More details about this course will be uploaded soon.

INSTRUCTOR

MEET YOUR INSTRUCTOR

Georgia Onoufriou

Mrs. Georgia Onoufriou is a qualified lawyer in the Republic of Cyprus and holds an MSc in European Policy Law and Management from The Robert Gordon’s University of Scotland, an LLB from the University of London and a degree in Political Science and Public Administration from Ethnikon Kapodistriako University in Athens. From 2005-2021, she worked for the Group of Companies Pagecorp, provider of global company, administrative, secretarial and other services which is connected to the law firm Patrikios Pavlou and Associates LLC. Since working at this firm, Georgia steadily worked her way through the company ranks and held the title of Head of Corporate Department and Data Protection Officer. She was tasked with the supervision of all Senior Administrators and managing client portfolios within the department. In addition to this challenging role, Georgia was further tasked with the corporate administration of companies, the drafting and execution of commercial contracts and creation of trust structures. Retention of clients, lead generation and drafting of legal opinions also make up an important part of her role.

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COLLABORATORS

ADDITIONAL INSTRUCTORs

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frequently asked
questions

QUESTION 01

Do I need to be registered on the ERMIS Portal?

Yes, if you are registering for a course that is HRDA accredited, all participants (either receiving funding or not) will have to access and register as natural persons on the ERMIS Portal. If you are receiving funding and you are being registered for continuous professional/vocational training by your employer, your employer should also be registered with the ERMIS platform as a legal person. Contact us if you have any difficulty registering as a natural person or a legal person.

QUESTION 02

Will I receive a certificate at the end of the training?

Yes, you will receive a Certificate of Attendance from ELTRC or the relevant awarding body.

QUESTION 03

Do you have terms and conditions for seminar attendance?

Yes. You may find our terms and conditions here.

QUESTION 04

Will I receive the notes for the lesson and have access to recordings?

Yes, you will be given the course materials through an online platform and you will be allowed to download and keep the course materials and specimens for certain courses. Recordings will also be available in the drive for three months.

testimonials

testimonials for this course

The following testimonials are from other professionalis who have attended this course.

No testimonials available for this course at this time.

frequently asked
questions

Can I download course notes and materials?

No, course notes and materials are not available for download. We take the security and integrity of our course content seriously, and access to course materials is restricted to registered participants who are actively enrolled in our programs. This policy helps protect our intellectual property and ensures a high-quality learning experience for all students.

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Can I review course recordings after the session?

Unfortunately, we do not provide access to course recordings for review after the live session. We believe in the importance of real-time interaction and engagement during our courses. This policy encourages active participation and fosters a dynamic learning environment. However, we do offer comprehensive course materials and resources to support your learning during and after the program.

Can I share course materials with others who are not registered for the course?

Sharing course materials with individuals who are not registered for the course is not allowed. Our course materials are intended exclusively for registered participants and are subject to copyright protection. Unauthorized distribution of course content is a violation of our terms and may result in legal action.

Do you have terms and conditions for seminar attendance?

Yes. You may find our terms and conditions here

How can I access course materials and resources?

Registered participants will receive access to our course materials and resources through our online learning platform. These materials are designed to complement the live sessions and help you reinforce your understanding of the topics covered. If you have any questions or encounter any difficulties accessing these materials, please reach out to our support team, and they will be happy to assist you.

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How can I ensure I have access to course materials during and after the course?

To ensure uninterrupted access to course materials, please make sure you are enrolled in the course and have an active account on our online learning platform. If you encounter any issues with access, please contact our support team, and they will assist you in resolving any technical difficulties.

Will I receive a certificate at the end of the training?

Yes, you will receive a Certificate of Attendance from ELTRC or the relevant awarding body.

Will you register my CPD points for me?

Yes, our admin team will make sure that your CPD points are registered with the Cyprus Bar Association immediately after the end of the seminar.

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HRDA

Jul

2024

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