KPMG Research

On 3 September 2026, the Court of Justice of the European Union (the "CJEU") delivered its judgment in Case C-798/24, Jautiva (the "Judgment"), addressing the compatibility of unrestricted public access to shareholder information with European Union ("EU") company law and data protection rules.

Contracts govern nearly every commercial and private transaction in Cyprus, from business relationships to property sales. When one party fails to perform, performs inadequately, or refuses to honour obligations, the other may have a claim for breach of contract. However, establishing a breach is only part of the issue—determining whether a legally enforceable contract existed, what obligations arose, whether termination is justified, what losses were caused, and which remedies are available requires

The Department of the Registrar of Companies and Intellectual Property has given overdue filers until 31 December 2026 to submit their outstanding annual returns and financial statements.

The Department of the Registrar of Companies and Intellectual Property (DRCIP) has issued an updated notice on 16 September 2026 regarding the Beneficial Owners Register (BOR), setting out the annual confirmation requirements applicable for 2026.

Cyprus company redomiciliation transfers a foreign company's registered office to Cyprus without dissolving it, preserving legal identity, contracts, assets and trading history. The process requires careful analysis of tax implications, asset valuation rules under Article 33B(3), and substance requirements to determine whether continuation is commercially worthwhile compared to incorporating a new Cyprus entity.

The Cyprus Company Law, Chapter 113, is based on the English Companies Act of 1948. Therefore the legal system and return forms are identical to those in the UK.

Directors of Cyprus companies are not automatically liable for company debts simply by virtue of holding office, as the company exists as a separate legal person. However, personal liability can arise through guarantees, personal undertakings, fraudulent conduct, misapplication of company assets, or specific statutory provisions relating to tax, VAT and social insurance.

The Prevention and Suppression of Money Laundering and Terrorist Financing Law 13(1)/2018 governs the establishment of the Ultimate Beneficial Owners Register and the obligations of Cyprus companies and other legal entities ...

The Contract Law, Cap. 149 (the "Law"), regulates the contract relations between parties in Cyprus since 1960 and it is identical to the Indian Contract Act 1872..

Cyprus continues to strengthen its position as a reputable and strategically attractive international business hub in today's increasingly regulated global environment.