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Overview

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Identifiers

Collect two identifiers from each business customer in Cyprus and submit them as strings on the application body. Tax ID: 8 digits + 1 uppercase letter (e.g. 60012345A). Prefix “CY” + TIC = VAT number (e.g. CY60012345A). Registration number: Prefix “HE” + up to 6 digits (e.g. HE123456). Printed on the Certificate of Incorporation and all DRCIP filings.

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Sector regulators

CBC · CySEC · ICCS

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How documents combine

For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.

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Documents to collect

The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed. Not applicable in Cyprus: Governance Records. Skip these areas — no local artifact exists.

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Collection notes

  • Legal Registration: Includes HE number, date of incorporation, entity type. Order via efiling.drcor.mcit.gov.cy.
  • Constitutive Documents: Two-part document filed at incorporation. Certified copies available from DRCIP e-filing portal.
  • Tax Registration: Issued on Form TD2001 registration. Confirm via taxisnet.mof.gov.cy. VAT registration separate if turnover ≥ €15,600.
  • Operating Permit: Issued by local Municipal or Community Council; requires on-site inspection. Sector-specific activities need additional regulatory approvals.
  • Sector-Specific License: CBC for banks and EMIs; CySEC for CIFs, fund managers, MiCA CASPs; ICCS for insurers.
  • Ownership Records: Annual Return lists current shareholders and directors of record. Share Register is maintained by the company and contains the full transfer history. Certified copies of both are available from DRCIP.
  • Signing Authority: Board resolution for routine account-opening; notarized PoA for broader signing authority. Apostille from Ministry of Justice and Public Order.
  • Address: Conduit universal policy: lease (no time bound) OR utility bill OR bank statement, with utility/bank dated within 90 days. Same evidence satisfies both registered-address and operating-address checks.
  • Good Standing: Separate DRCIP artifact — not embedded in the Certificate of Incorporation. Order it separately from efiling.drcor.mcit.gov.cy; typically required alongside the Certificate of Incorporation for KYC bundles.

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Person roles

When you submit a person on the application body, set their role to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.

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Notes

  • CySEC is a major EU fintech/FX hub regulator. Many MiFID II-passported investment firms and FX brokers are CySEC-authorized; verify CIF (Cyprus Investment Firm) licence status on the CySEC Regulated Entities register (cysec.gov.cy) for any financial-services counterparty.
  • Certificate of Good Standing is a separate DRCIP artifact. Unlike some jurisdictions, it is not embedded in the Certificate of Incorporation — order it separately from efiling.drcor.mcit.gov.cy; it is typically required alongside the Certificate of Incorporation for KYC bundles.