The process for opening a personal or a business bank account in Cyprus has nowadays become very demanding and complicated.
We are here to assist with the process.
Documents required for:
A. PERSONAL BANK ACCOUNT
· Passport Copy (apostilled if client is from abroad);
· Recent Utility bill not older than three months old
· Bank Reference Letter not older than three months old
· CV
· Information regarding the annual income tax of the client
· Information regarding the source/value of wealth of the client
B. BUSINESS BANK ACCOUNT
· Full set of Company’s up to date, corporate documents
· Recent certificate of Incumbency
· Recent certificate/ letter of Good standing
· Corporate/ legal structure of the company leading up to the UBO
· Recent annual audited Financial Statements or Management Accounts
· Information regarding source of funds
· Bank Reference Letter not older than three months
(all documents included in the personal bank account list for the UBOs, Shareholders, Directors, Secretary and other Signatories)
How can we help:
1. Assistance with opening a bank account in Cyprus
2. Advise on required documents
3. Company formation with a bank account
This article is written for information purposes only and it does not constitute legal advice.
For further information, legal advice and assistance please contact us at zena@zsm.law.
Comentarios