Cyprus

Fear of general powers of attorney, issues bearing …

Fear of general powers of attorney, issues bearing … ... or is it always good to have a general power of attorney to manage the affairs of an offshore company as an example of Cyprus. When creating an offshore company will naturally have the desire to fully control its activities and freely represent the interests of the company before third parties. Since, as a rule, to position itself as a company director desire does not arise, the desire to meet the specified uses such legal tool as a general power of attorney. ...