Cyprus Corporate Law Update: Streamlined Procedures And Key Reforms To Note

The Cyprus Companies Law (Cap. 113) (the "Law") was recently updated through Amending Law N155(I)/2025 (the "Amending Law") introducing a series of practical changes for companies. Key areas affected include capital reduction, registration of charges, administrative reinstatement, and new, redesigned and consolidated types of certificates—updates that companies should keep in mind when managing their corporate affairs.

Reduction of Share Capital

Under the Amending Law, the effective date for the reduction of a company's share capital is now the date of the Court Order, rather than the date of registration of the Order and the relevant resolution by the Registrar of Companies (the "Registrar"). Within fifteen days from the date the Court Order is drawn up, the company must submit to the Registrar: