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The Republic of Cyprus is included in the list of jurisdictions that allow the re-domiciliation process including the transfer of legal seat of non-EU companies in and...

Investing in financial markets including Forex Trading have been steadily increasing year on year.

Liquidation or dissolution is a term which is used when a company decides to dissolve and materialize all its assets. This usually occurs when the company is deemed insolvent, i.e. cannot pay...

The Courts approach, where doubts arise about a particular company’s residence status, is to ask the following questions.

The use of a large number of Cypriot Companies as vehicles for carrying out joint ventures, led JV Partners to enter into Shareholders Agreements or JV Agreements, sometimes, without fully understanding the consequences, of their contractual arrangements, and especially and most importantly, the interplay, between the Company’s memorandum and articles of association on the one hand, and a shareholders agreement on the other.

Cyprus offers entrepreneurs across the world several incentives to establish companies in the country, deriving for example from its very favourable tax system as well as...

This Memo, examines this dynamic in the context of a Cypriot Company, and aims to give some light, on what parties must do, and what risks, must avoid.

A point that often causes confusion is the assumption that a Cyprus company can be registered immediately once instructions are given.

A derivative action is an aggrieved minority shareholder's right of action which essentially derives from the company, and is ordinarily available to members who may seek protection in circumstances

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.

Currently, Cyprus-based crypto exchanges that offer both spot crypto products and crypto derivatives must be licensed under both the national crypto-asset...

The UK Supreme Court has delivered a landmark ruling confirming that fiduciaries who secretly profit from their position hold those gains on constructive trust for beneficiaries from the moment of receipt. The decision establishes that third parties who dishonestly assist in dissipating such profits face full liability, even when beneficiaries suffered no direct financial loss and would never have generated those profits themselves.

At the same time, the shareholders of the Listed Company acquire certain rights related to its management.

Cyprus has traditionally been a significant destination for the setting up of international business companies (IBCs) (that is to say companies with foreign interests).

In December 2012, following a protracted public consultation process, the Cyprus legislature finally enacted the Regulation of Fiduciaries, Administration Businesses and Company Directors Law of 2012

As of November 2007, Cyprus has been fully compliant with the Markets in (Financial Instruments Directive), known as MIFID. The legislation was passed on 25 November 2007 and published in the Cyprus Gazette on 26 November 2007. The new law replaces the Investment Firm Law of 2002

The Law has been prepared by hundreds of specialists whose sole aim was to cut off all old legal algorithms, which helped to optimize taxation...