Registering a company is only the start. Before opening day, businesses relocating to Cyprus also need to settle building access, attendance recording, remote staff, leave and shift scheduling. Here is why FinHub recommends evaluating Attendance.cy as part of the initial office setup.

Under Cyprus corporate law, the legal effectiveness of a director's resignation or appointment is fundamentally governed by the company's Articles of Association and internal corporate actions (such as a formal board resolution or a written notice of resignation), rather than the mere date of public filing. However, companies must officially notify the Registrar of Companies within statutory deadlines (typically 14 days) using the appropriate forms to ensure public and legal compliance.

Directive (EU) 2024/927 (AIFMD II) introduces critical regulatory updates for alternative investment fund managers across the European Union, with full compliance required by April 2026. The framework tightens substance and governance rules (requiring at least two full-time EU-resident managers), expands ancillary services like benchmark administration and credit servicing, adds flexibility for cross-border depositary appointments, and establishes a harmonized EU framework for loan-originating funds. For Cyprus-based structures, these changes demand a careful review of local substance and operational compliance.

The article highlights Grant Thornton Cyprus's annual CSR initiative, "2026 GT in the Community Days."

• Volunteering Effort: Over 50 volunteers from Grant Thornton Cyprus dedicated their time to support local non-profit organizations and community projects across Cyprus.

• Global Alignment: The event forms part of Grant Thornton International’s global CSR efforts (#GTInTheCommunity), which encourage member firms worldwide to actively contribute to the communities in which they live and work.

• Core Goal: Beyond community impact, the initiative aims to foster teamwork, strengthen workplace culture, and bring employees together for social good.

Grant Thornton Cyprus has launched the Grant Thornton Skills Lab, a certified vocational training centre designed to equip professionals and businesses with practical, hands-on skills. Led by AI & Data Lab Leader Monica Odysseos, the initiative delivers open workshops, seminars, and customized in-house corporate training covering critical focus areas such as Artificial Intelligence, Sustainability/ESG, EU Pay Transparency, Compliance, Cybersecurity, and Leadership. All training programs are eligible for funding through the Human Resource Development Authority of Cyprus (HRDA).