Corporate Governance & Company Secretariat Services in Cyprus
Effective corporate governance is a critical operational pillar for companies seeking to maintain regulatory compliance, demonstrate transparency, protect shareholders’ interests, and support sustainable long-term value creation. As regulatory requirements in Cyprus and across the EU continue to evolve, businesses increasingly require professional governance oversight and qualified company secretariat support to ensure their structures, reporting lines, and internal processes remain fully compliant and strategically aligned.
Connor Legal provides a comprehensive suite of Corporate Governance and Company Secretariat Services in Cyprus, supporting boards, shareholders, executives, and corporate groups in establishing and maintaining a robust governance framework. Our services span statutory compliance, board administration, structured governance reporting, decision-tracking mechanisms, and lifecycle corporate actions.
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The Importance of Corporate Governance in Cyprus
Corporate governance refers to the system of rules, processes, and controls by which an organisation is directed, managed, and held accountable. It encompasses decision-making mechanisms, oversight responsibilities, fiduciary duties, reporting structures, and the internal culture required to safeguard the company’s reputation and operational integrity.
A strong governance framework enables companies to:
- Ensure compliance with Cyprus Companies Law (Cap. 113), EU directives, and sector-specific regulations.
- Demonstrate transparent and accountable leadership.
- Mitigate regulatory, operational, and reputational risk.
- Align corporate strategy with stakeholder expectations.
- Enhance investor confidence and access to financing.
- Facilitate effective management oversight through documented processes and accurate reporting.
Corporate governance is no longer a background administrative requirement; it is a primary indicator of organisational maturity and regulatory adherence—particularly for international groups, holding structures, regulated entities, technology companies, and firms engaging in cross-border activity.
Company Secretariat Services at Connor Legal
Our Company Secretariat function operates as an integrated governance support arm of the business, ensuring that statutory, regulatory, and internal governance obligations are met efficiently and accurately. We work directly with directors, shareholders, beneficial owners, compliance teams, and auditors to maintain a clear, accurate, and legislatively compliant corporate record.
Statutory Registers & Corporate Records Management
Our firm maintains and updates all legally required registers, including:
- Register of Members
- Register of Directors and Secretary
- Register of Charges
- Register of Beneficial Owners (UBO Register)
- Register of Allotments and Transfers
- Register of Pledges
- Register of Minutes (Board and Shareholder)
Accurate statutory registers are essential for demonstrating compliance during banking due diligence, audits, regulator inspections, and corporate transactions.
Action Tracker & Governance Monitoring Tools
Modern boards require structured tools that track decisions, responsibilities, timelines, and compliance deadlines. We implement and maintain:
- Board Action Trackers – documenting decisions, designated owners, deadlines, follow-up actions, dependencies, and status updates.
- Decision Logs – recording board resolutions, approvals, delegated matters, and outcomes.
- Compliance Calendars – monitoring statutory filing deadlines, AGM dates, audit cycles, regulatory submissions, reporting milestones, and bank KYC reviews.
- Risk & Control Registers (upon request) – mapping key risks, controls, owners, and mitigation status.
These tools ensure that governance obligations are not only met, but proactively monitored and evidenced.
Board & Committee Support
We manage the full lifecycle of board and committee operations:
- Preparation of agendas, briefing packs, and board papers
- Attending meetings (physically or virtually)
- Preparing resolutions, minutes, and decision logs
- Advising on directors’ duties and corporate governance best practices
- Monitoring implementation of board decisions
- Maintaining secure records of all governance documentation
Clear, compliant, and well-drafted minutes are increasingly scrutinised by auditors, banks, and regulators.
Annual Compliance & Registrar Filings
We ensure timely preparation and filing of:
- Annual Returns (HE32)
- Changes to directors, secretary, registered office
- Share allotments (HE12), share transfers, capital changes
- Re-domiciliation documentation (inward or outward)
- Liquidation-related filings (for managed voluntary liquidations)
We manage all communication with the Registrar of Companies, ensuring accuracy and alignment with statutory requirements.
Corporate Actions & Lifecycle Transactions
Our firm supports companies throughout their lifecycle, including:
- Incorporation and structuring
- Amendments to the Memorandum & Articles
- Allotment and transfer of shares
- Shareholder agreements and governance charters
- Conversion of shares and capital restructuring
- Mergers, acquisitions, reorganisations
- Dissolutions and voluntary liquidations
Each action is documented and reflected accurately in statutory registers and internal corporate records.
Governance Framework Enhancement
We advise on:
- Board composition and role allocation
- Terms of Reference for committees
- Delegation of Authority (DoA) frameworks
- Internal governance policies and manuals
- Group governance consolidation for multinational structures
This service is particularly relevant for companies seeking investment, licensing, or expansion.
The Importance of Corporate Governance in Cyprus
Connor Legal provides a highly personalised, responsive, and legally rigorous service. Our approach combines statutory compliance with strategic governance advisory, ensuring that every client—whether a private company, group structure, holding entity, technology firm, investment vehicle, or regulated business—receives bespoke support aligned with their operational needs.
Our differentiators include:
- Dedicated governance officers and legal oversight
- Advanced board reporting tools (action trackers, compliance calendars, decision logs)
- Proactive monitoring and deadline management
- Accurate drafting of minutes and resolutions
- Integration with auditors, banks, and compliance teams
- Confidentiality, precision, and regulatory awareness
In an environment of increased regulatory expectations, companies benefit from the assurance that governance is consistently managed at a high professional standard.
Connor Legal provides comprehensive Corporate Governance and Company Secretariat Services in Cyprus, supporting companies with statutory compliance, board administration, governance reporting, action trackers, decision monitoring, and full lifecycle corporate support. Our firm ensures that businesses remain compliant, transparent, and operationally resilient, with governance structures that meet both regulatory expectations and international best practices.
