In the world of startups and venture capital, our clients – speaking of project founders – often look for quick, flexible, and efficient ways to raise funds. One of the more recent innovations in this space is the SAFE Agreement.

We believe that harnessing innovation by supporting startups is a critical factor for the survival of the Cypriot economy.

Mergers are regulated by the Control of Concentrations between Undertakings Law of 2014 (Merger Law).

As from February 2017 Cyprus adopted the Startup Visa Scheme for third Country Nationals. The scheme forms part of the Policy Statement on Strengthening the Entrepreneurial Ecosystem.

Senior associate, Pamela Evangelou, recently contributed an article on the above topic to the prestigious IFLR platform.

In 2017 the Council of Ministers of the Cyprus Government adopted the policy on Innovative Startup Businesses aiming to attract the establishment of such businesses in Cyprus.

The policy applies to the founders of such businesses, to its managers and support staff.