Privacy Policy

Localit Consulting is incorporated in Cyprus and has its registered office in Nicosia, at 28 Aigaiou Street, 2408.

Introduction

Our company recognizes the importance of protecting your personal data and respects your privacy.

We collect only the personal data that are necessary for the specific purpose for which they are collected. At the time your personal data are collected, we inform you of the purpose of the collection, the duration of processing, any recipients of the data, any transfer to a country outside the European Union, as well as your related rights vis-à-vis our company.

In order to provide the above information in a concise, transparent, intelligible, and easily accessible manner, we have prepared this Privacy Policy, which contains general information. Please read this Policy carefully.

Personal Data Collected – Purpose and Legal Basis of Processing

Our company processes—namely collects, retains, and uses—the following categories of personal data:

Contact Data

(Full name, telephone number, email address, etc.)

These data are provided by you following your request, for the purpose of taking steps prior to entering into a contract (e.g. completion of an expression of interest form, provision of information regarding our services) or following your request to be contacted.
Legal basis: your consent.

Identification Data

(Full name, telephone number, email address, tax identification number, address, profession, etc.)

These data are provided by you for the purpose of entering into a contract with us, its execution and support, our communication with you, and the issuance of required tax documents.
Legal basis: performance of the contract, compliance with tax legislation or other applicable legal obligations, compliance with court decisions or instructions from public authorities, as well as our legitimate interest in managing and resolving judicial or extrajudicial disputes.

Your email address or telephone number may be used to send informational and promotional material regarding our products and services only with your prior explicit consent, which constitutes the legal basis for such processing.

Financial and Asset-Related Data

(Tax documents, financial statements, utility bills, payroll data, etc.)

These data are provided by you in order for us to deliver our services.
Legal basis: performance of the contract.

Connection Data

(Online identifiers)

While browsing our website, we use Google Analytics.
For more information, please visit: http://www.google.com/analytics/learn/privacy.html
Legal basis: our legitimate interest in promoting our products and services.

Categories of Recipients of Personal Data

In the course of fulfilling our contractual and legal obligations, performing our duties, serving our legitimate interests, or where we have obtained your consent, recipients of personal data may include:

  • External partners (accountants, courier companies, service providers acting on our behalf, lawyers/legal advisors, etc.) acting as data processors in accordance with data protection legislation

  • Public authorities (Tax Department, Independent Authority for Public Revenue, Ministries)

  • Credit institutions or similar organizations

  • Judicial and prosecutorial authorities in cases of legal claims or criminal offenses

Data Retention Period

Type of Processing Retention Period
Invoicing documents As required by applicable tax legislation
Contracts 20 years after termination/expiration
Identification data 5 years after termination/expiration
Financial & asset-related data 5 years after termination/expiration
Contact / interest requests 6 months after completion of the request
Newsletter / SMS updates Until receipt of an unsubscribe request

Where legislation provides for a shorter or longer retention period, the above durations shall be adjusted accordingly.

If claims, criminal offenses, or legal proceedings arise before the expiration of the above periods, the relevant retention period shall be extended until the issuance of a final court decision.

Your Rights

In accordance with the General Data Protection Regulation (EU) 2016/679 (GDPR), you have the right to lodge a complaint with a supervisory authority.

You also have the right to access, rectify, erase, restrict or object to the processing, and to data portability of your personal data. In particular, you have the right to verify whether your personal data are being processed and, if so, to access relevant information and, where applicable, request restriction of processing.

You have the right to rectify inaccurate data or complete incomplete data by providing appropriate documentation. You may request the erasure of your personal data, provided that our company has no legal or legitimate reason to retain them.

You may also object to the processing of your personal data based on legitimate interest and, where applicable, receive your data in a structured, commonly used, and machine-readable format or request their transfer to a third party.

To exercise your rights, you may contact us in writing via email at info@localitco.com.
For the processing of your requests, we may require verification of your identity.

The exercise of these rights applies prospectively and does not affect processing already carried out.

With the establishment of your company through us, we offer free of charge:

  1. Invoicing / bookkeeping software and accounting entries
  2. Domain name registration in .com or .eu
  3. 1 consultation per month, with a duration of 1 hour
Final prices with no hidden charges, including all services required for the maintenance and smooth operation of your company.

Contact Us

For more information, you may contact Localit Consulting to receive detailed answers to your questions.
Phone: 6982220765, +357 22053831, Email: info@localitco.com
 
Alternatively, you may complete the expression of interest form by clicking here, and we will contact you promptly.

The information provided in this article does not, under any circumstances, constitute pressure or encouragement for anyone with the aim of avoiding applicable laws in each country or circumventing proper tax policies. It is intended solely as advisory content and informational articles. The author expressly disclaims any liability towards any individual, entity, or company that acts or refrains from acting based on all or part of the content of this text. Therefore, no action should be taken or reliance placed on the subject matter or the information herein without first obtaining advice from appropriate and competent professionals regarding one’s activity and entity in general.