Cyprus Power of Attorney
Cyprus Power Of Attorney
I. Appointment of Attorney
II. Powers Granted
A. Management of Affairs
B. Exercise of Rights and Powers
C. Authority under Cyprus Laws
D. Specific Authority Examples
E. Scope of Authority
III. Term of the Power
IV. Governing Law
V. Revocation of the Power
VI. Witnesses
VII. Execution
VIII. Acknowledgement by Notary Public
Name of Principal: [Your Name]
Address of Principal: [Your Company Address]
Company Name: [Your Company Name]
I. Appointment of Attorney
I, [Your Name], residing at [Your Company Address], hereby appoint [Agent's Name] of [Agent's Address] as my true and lawful attorney.
II. Powers Granted
A. Management of Affairs: My attorney is authorized to manage and conduct all of my personal and business affairs. This includes but is not limited to financial transactions, signing contracts, managing investments, and operating bank accounts.
B. Exercise of Rights and Powers: My attorney can exercise all my rights and powers on my behalf. This includes the right to buy, sell, lease, or mortgage real estate, as well as the right to make decisions regarding litigation or legal matters.
C. Authority under Cyprus Laws: My attorney can act in accordance with the laws of the Republic of Cyprus. This means they have the authority to take any actions that I could take if I were personally present in Cyprus.
D. Specific Authority Examples: Some specific examples of the powers granted to my attorney include:
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Handling tax matters and signing tax returns on my behalf.
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Making decisions regarding healthcare, including consenting to or refusing medical treatment.
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Managing and accessing my digital assets and online accounts.
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Representing me in legal proceedings or disputes.
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Making decisions regarding my business interests, such as managing operations or entering into agreements.
E. Scope of Authority: The powers granted to my attorney are broad and encompass all actions necessary or incidental to carrying out the authorized powers. However, my attorney is required to act in my best interests and must follow any specific instructions or limitations I provide in this Power of Attorney document.
III. Term of the Power
This Power of Attorney will become effective on [Date of Effectivity] and will continue to be in effect until I, [Your Name], choose to end it.
IV. Governing Law
This Power of Attorney will be governed by and construed in accordance with the laws of Cyprus.
V. Revocation of the Power
I have the right to revoke this power of attorney at any time. Any revocation will be effective only when I give written notice of the revocation to my agent.
VI. Witnesses
Witnessed by:
[Witness 1 Name]
[Witness 1 Address]
[Date Signed]
[Witness 2 Name]
[Witness 2 Address]
[Date Signed]
VII. Execution
IN WITNESS WHEREOF, I, [Your Name], have signed this Power of Attorney on this [Date Signed].
[Your Name]
VIII. Acknowledgement by Notary Public
Before me, a Notary Public in and for the [District/Municipality] of [District/Municipality], Republic of Cyprus, personally appeared [Your Name], known to me (or proved to me on the oath of [Identifying Person]) to be the person whose name is subscribed to the foregoing instrument, and acknowledged that he/she executed the same for the purposes therein contained.
[Notary Public Name]
[Date Signed]
