The Jurisdiction
Cyprus is a member of the European Union and the Eurozone. A
common law jurisdiction, Cyprus provides an established, stable and
solid legislative framework.
Cypriot corporate law has evolved over time, from its origins as
a replica of the English Companies Act of 1948 into a sophisticated
corporate legal framework that encapsulates international
commercial realities, while adhering to the principles of common
law and equity.
Cyprus has fully transposed applicable EU Directives into its
legal order and features sophisticated, yet simple and
business-friendly, corporate law mechanics. The jurisdiction
features on the 'white list' of the OECD and is committed
to the highest standards of transparency.
