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A Director may be removed after a normal Resolution (51%) is passed by the Shareholders in a general meeting by virtue of section 178, Cap 113.
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Frequently Asked Questions on Cyprus Companies - How can a Director be removed?
Article Index
- Frequently Asked Questions on Cyprus Companies
- What are the consequences of a limited liability company?
- What are the benefits of incorporating a company in Cyprus?
- What is the procedure which has to be followed in incorporating a company in Cyprus?
- How long does it take for a new company to be registered?
- Do I have to be present in order for my company to be registered?
- What is the difference between a Shareholder and a Director?
- Who can be a Shareholder and a Director?
- What is the difference between Authorised Share Capital and Issued Share Capital?
- Are there any minimum Share Capital requirements for a Cyprus company?
- Does the Share Capital have to be paid at the Companies Registrar upon incorporation?
- Are company documents in the Registrar open for public inspection?
- What information may be disclosed about a company?
- What is a ‘nominee Director’?
- What is a ‘nominee Shareholder’?
- What certified copies may be requested from the Registrar of Companies?
- What is a registered office?
- What is a Certificate of good standing?
- What is the difference between notarisation and apostille?
- What is a Double Taxation Agreement and how does this affect a company?
- Are financial statements mandatory under Cypriot legislation?
- What are the VAT requirements for Cyprus resident and Cyprus non-resident companies?
- Can a bank account be opened for a Cyprus company outside Cyprus?
- Can a bank account be opened in Cyprus?
- How can a Director be removed?
- What is the purpose of General Meetings?
- What should happen if there is a conflict of interest between the Director and the company?
- When is a Director restricted from selling or purchasing company shares?
- Does the company need to hold an Annual General (Shareholders’) Meeting (AGM)?
- How can minority Shareholders be protected?
- How is a Cypriot company dissolved?
- All Pages
