142 results found

The article intends to provide knowledge to the average reader in a summarised and simplified manner regarding the Company's Director's responsibilities.

Companies in Cyprus, like elsewhere, may encounter financial or structural difficulties that make it impossible to continue operating. In such cases, the law provides mechanisms to bring the life of a company to an end in an orderly and fair manner.

The European Commission has proposed a directive for laying down rules to prevent the misuse of shell entities for tax purposes and amending Directive 2011/16/EU (the "Proposal").

These terms are of the widest character, ranging from simple composition to an amalgamation of two or more companies, with a complete reorganisation of their share and loan capital.

Cyprus Courts, have jurisdiction to issue any interim order, in all cases, in which it appears to the Court, just and convenient to do so, provided that the following conditions are satisfied by the applicant/plaintiff:

The purpose of this leaflet, prepared by Lellos P. Demetriades Law Office LLC is to provide brief information on the incorporation of a Cyprus private company with limited liability by shares as well as highlight the administrative, ...

Cyprus companies are widely used as holding, investment and commercial vehicles by investors from Europe, the Middle East, Africa and Asia. Although these structures are often stable, disputes between shareholders arise frequently — particularly where foreign investors rely on local directors, nominees or partners to manage Cyprus-based entities.

Directors of Cyprus companies carry significant legal responsibilities that extend beyond routine management tasks. This guide examines the fiduciary duties, statutory obligations, and personal liability risks that directors face under Cyprus Companies Law, including modern compliance requirements such as anti-money laundering oversight and beneficial ownership transparency.

In 1993 and 1995, the House of Representatives in Cyprus enacted the Cyprus Securities and Stock Exchange Laws and Regulations, respectively, under which the Cyprus Stock Exchange ("CSE") was established.

Corporate governance refers to a set of processes, rules and regulations. It is a system of structures and operations, customs, policies and institutions which affect the way in which a company is directed, administered or controlled, the aim being to achieve long-term strategic goals which satisfy, inter alia, the shareholders of the company and assist in ensuring compliance with the legal and regulatory requirements of the relevant jurisdiction.

Corporate governance refers to a set of processes, rules and regulations.

Its legal system — based on English common law principles — provides a sophisticated framework for resolving corporate and commercial disputes, many of which arise between foreign investors, joint venture partners, suppliers, distributors and service providers.

The European Commission on the 22nd of December 2021 published a legislative proposal for a Directive to be issued, the Third Anti-Tax Avoidance Directive, known as ATAD 3, (the "Proposed Directive")...

The Directive should be adopted early 2022 by the Council and be implemented by Member States by 30 June 2023 at the latest.

he chapter includes an analysis of key Cyprus Law matters in this field, such as the rights and powers of the shareholders in the operations and management of the corporate entities, shareholder activism, compensation, ...

Where the company still has assets, liabilities or other matters to resolve, voluntary liquidation provides a formal way of bringing its affairs to an end. A licensed insolvency practitioner is appointed as liquidator to deal with outstanding liabilities, realise or distribute assets and complete the winding-up before dissolution.

The provision of administrative, namely, fiduciary, trustee, corporate and related services, is a regulated activity and not freely exercised, unless relevant Licence is granted to the person providing such services.