CYFA Announcement #31/2022 – Update on EU Shell Company Directive Proposal

Following CYFA Announcements #9/2022 and #14/2022 on the subject matter, we would like to inform you that the proposed Directive is currently being discussed by the Member States at an EU level. The progress of the proposal can be monitored through the Legislative Observatory of the European Parliament by clicking here.

Please also be informed that the Association is in direct contact with the Ministry of Finance and has submitted relevant comments for consideration (CYFA Announcement #14/2022).

CYFA will continue to update all members of any further developments.