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A pledgee, under a Cypriot law pledge, who has in its possession the so called the Self-Enforcement Documents (i.e. original certificate of pledged shares, original duly signed and undated instrument

Concluding a Share Purchase Agreement (SPA) can occur either as a single-stage or a two-stage process, depending on whether execution and closing (sometimes referred to as completion) are simultaneous or distinct events.

Winding up is the process by which the company's assets are realized, the proceeds are distributed to its creditors and the surplus, if any, to its members.

According to the Article 327 of the Companies Law (Cap.113), the Registrar can proceed to the strike-off (deregistration) of a Company after having followed the below steps...

In order to be able to provide foreign exchange operations in Cyprus, the interested company must apply to the Cyprus Securities and Exchange Commission to obtain the necessary license by fulfilling a certain number of requirements.

Introduction Leasing is an important financing activity for large corporate and financial institutions with the majority not reported on balance sheet.

the company's net turnover (as defined by the Cyprus Companies Law, Cap. 113, and including income received from rent, interest, dividends and exploitations rights) does not exceed the amount...

The Cyprus Parliament has passed the new amendment to the Law for the Prevention and Combating of Legalization of Income from Illegal Activities (amendment Law N.141(I)/2024)...

Under section 227 of the Companies Law (Cap. 113), the Court may, after the filing of a winding-up petition and before the issuance of a winding-up order...

The 2025 Cyprus Corporate Lending Survey was conducted between November and December 2024 and was compiled from the views of all major financial institutions operating in Cyprus...

Directors and owners of Cypriot companies can pay the annual levy of their Cypriot company on-line.

Cyprus has officially launched its Business Support Centre, a dedicated one-stop shop designed to support both Cypriot and foreign investors in establishing and expanding their operations on the island.

It should be noted that, CyTBOR platform is available to trustees as of 17th of May 2022 and all respective parties as of 17th of June 2022.

On Friday December 18th of 2020, the Department of the Registrar of Companies and Official Receiver of the Republic of Cyprus (DRCOR) announced...

The financial surroundings in Cyprus have been a subject of intrigue, particularly concerning its association with foundations. Contrary to misconceptions, Cyprus is not inherently...

A Russian court found, on 30 June 2011, that a common royalty scheme – which involved a Cyprus company as an intermediary licensing vehicle between a BVI holding company and a Russian operating entity – had no business substance.

Foundations are institutions intended to serve non-profit purposes and are established for the promotion of specific objectives outlined in law, including the promotion of commerce...