Reform Of The Judicial System Is Necessary

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.

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.

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.

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

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.

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.

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..

A foreign company establishing a permanent presence in Cyprus will usually consider either registering a branch or incorporating a Cyprus subsidiary. Both structures permit business to be carried on from Cyprus, but they are legally different. A branch remains part of the foreign company, while a subsidiary is a separate Cyprus company even if the foreign parent owns all of its shares.

Law 5303/2026 fundamentally reforms Greek inheritance law, introducing modern provisions for forced heirship, inheritance agreements, and estate planning. How will these changes affect property owners, families with complex structures, and cross-border succession arrangements?

The OECD's November 2025 updated Commentary on Article 5 of the Model Tax Convention introduces groundbreaking guidance on when cross-border remote working arrangements and home offices may create permanent...

It has been seven years since the General Data Protection Regulation (GDPR) came into force, setting in motion the European Union's commitment that it will not compromise when it comes to the protection...

The Court of Justice of the European Union has established new evidential standards for determining when an undertaking is controlled by persons subject to EU sanctions.

Through the enactment of Regulation 269/2014 (the "Regulation"), the European Union imposed restrictive measures in response to Russia's actions which undermine Ukraine's sovereignty.

Greece has introduced significant restrictions on short-term property rentals, particularly affecting properties in central Athens municipal districts. Understanding the registration requirements, administrative penalties, and recent regulatory changes is crucial for anyone considering investment in Greek real estate for short-term rental purposes.

Artificial intelligence has revolutionized brand creation, enabling businesses to generate names, logos, and slogans within minutes. However, speed and convenience don't guarantee legal protection, raising critical questions about trademark ownership, registration eligibility, and the protection of AI-generated brands in an era where technology outpaces traditional intellectual property frameworks.

The EU has updated its FAQs relating to the sanctions against Russia and Belarus, with the addition of a new question which focuses on Article 5n of Council Regulation (EU) No 833/2014.

Financial sanctions are restrictive measures imposed by governments and international bodies to achieve foreign policy and security objectives, preventing individuals, entities...

The Cyprus Tax Department has issued new guidance strengthening due diligence requirements for financial institutions under DAC2/CRS, specifically targeting potential misuse of Citizenship by Investment and Residence by Investment schemes. Financial institutions must now implement enhanced verification procedures to ensure accurate reporting of account holders' tax residency, with immediate application to new clients and a six-month compliance window for existing accounts.