MultiLysis Services Limited

19/02/2026

The policy governing the registration of companies of foreign interest has been in force since the relevant Decision came into effect on 12 December 2022. To qualify, foreign interest companies must satisfy certain requirements.

The policy governing the registration of companies of foreign interest has been in force since the relevant Decision came into effect on 12 December 2022. To qualify, foreign interest companies must satisfy certain requirements.

22/12/2025

Season’s greetings from everyone at N. PIRILIDES & ASSOCIATES and MULTILYSIS SERVICES LTD. At this time of year, we want to thank you for the trust you place in us. Wishing you a peaceful festive season and every success in the year ahead.

03/12/2025

A trade name, does not constitute a legal person or an independent legal entity, does not constitute a proprietary right capable of assignment or transfer as a standalone asset, is exclusively connected to the natural person in whose name it is registered.

A trade name, does not constitute a legal person or an independent legal entity, does not constitute a proprietary right capable of assignment or transfer as a standalone asset, is exclusively connected to the natural person in whose name it is registered.

05/08/2025

Please note that our office will be closed for summer holidays from Monday, 11 August to Friday, 15 August.

We'll be back and ready to assist you on Monday, 18 August.

Wishing you a wonderful summer!

20/05/2025

Trademarks serve as powerful tools in commence, enabling businesses to distinguish their goods and services while helping consumers identify the source and quality of products. However, trademark law is not purely commercial; it intersects with broader societal values, including public morality. This article examines the tension between trademark protection and public morality.

Trademarks serve as powerful tools in commence, enabling businesses to distinguish their goods and services while helping consumers identify the source and quality of products. However, trademark law is not purely commercial; it intersects with broader societal values, including public morality. Thi...

17/04/2025

Wishing you a season of Renewal and Hope! Happy Easter to everyone!

03/02/2025

Shareholders’ agreements generally play an important role in the regulation of the way a company is set up, operated, managed and run. A shareholders’ agreement is an agreement between the shareholders which generally sets out the shareholders’ rights, privileges and obligations.

Generally, a shareholders’ agreement aims to deal with disputes or unexpected events arising from the relationship between the shareholders themselves as well as between them and the management of the company. Having a shareholders’ agreement helps in means minimizing any issues which may arise in the future between the shareholders and the management of the company and ensuring a more solid relationship between the shareholders.

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Shareholders’ agreements generally play an important role in the regulation of the way a company is set up, operated, managed and run. A shareholders’ agreement is an agreement between the shareholders which generally sets out the shareholders’ rights, privileges and obligations.

20/12/2024

Happy Holidays from the management & staff of N. Pirilides & Associates LLC and Multilysis Services Ltd!

17/12/2024

The Cypriot Prevention and Suppression of Money Laundering Activities Law (the "AML Law") was amended on 6 December 2024, introducing important changes to the provisions concerning the central register of beneficial owners ("UBO Register").

The Cypriot Prevention and Suppression of Money Laundering Activities Law (the `AML Law`) was amended on 6 December 2024, introducing important changes to the provisions concerning the central register of beneficial owners (`UBO Register`).

29/11/2024

Companies or other legal entities are obliged by Law to disclose their beneficial ownership information in the UBO Register and/or to confirm such information contained annually. Changes to the beneficial ownership information previously disclosed must also be notified to the UBO Register within a time frame from the date on which the relevant change took place.

Companies or other legal entities are obliged by Law to disclose their beneficial ownership information in the UBO Register and/or to confirm such information contained annually. Changes to the beneficial ownership information previously disclosed must also be notified to the UBO Register within a t...

28/11/2024

Who is considered a Beneficial Owner? According to the AML Law, a “beneficial owner” is any natural person who owns more than 25% of the shares, voting rights or ownership rights of a Cyprus company, directly or indirectly, or exercises equivalent control.

Who is considered a Beneficial Owner? According to the AML Law, a “beneficial owner” is any natural person who owns more than 25% of the shares, voting rights or ownership rights of a Cyprus company, directly or indirectly, or exercises equivalent control.

27/11/2024

A beneficial owner is a person who enjoys the benefits of ownership even though the title to some form of property is in another name.

A beneficial owner is a person who enjoys the benefits of ownership even though the title to some form of property is in another name.