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Every royal family had an official seal, while prominent merchants and legal professionals adopted a bit later this type of seal for authentication purposes.

Section 213 of Cyprus Companies Laws CAP. 113 ("CAP. 113"), provides about the persons who have locus standing to petition the winding up of a company and provides inter alia for "…..the creditor or creditors...

On the 26th of July 2024, the Official Gazette of the Republic of Cyprus published the new Companies (Amendment) (No.4) Law 101(I) of 2024.

On the 11th of January 2016, the Registrar of Companies proceeded to the strike-off (deregistration) of over 55,000 Cyprus companies that had failed to fulfil their statutory obligation...

Besides access to a favourable tax regime, the Cyprus Investment Programme offers enhanced mobility rights to 171 countries – and this is just one of the reasons why the Programme has been ranked amongst the ‘top ten in the world'.

Managing Partner, Elias Neocleous, was recently asked to join Cyprus business leaders in attempting to predict what 2020 will hold for their business sector and for Cyprus as a whole.

Under Cyprus Law, every company, limited by shares must have at least one shareholder.

In the global fight against financial crimes, transparency and accountability are paramount. Cyprus, through its Registrar of Companies, plays a crucial role in this effort by regulating Ultimate Beneficial Ownership (UBO).

Over the same period, the debt ratio for non-financial corporations stands at 150% of GDP.

It is a fundamental principle of Cyprus Company Law that a limited liability Company has a legal personality and identity which, is separate from its shareholders, or directors, and that it is a separate legal entity, having separate rights and liabilities.

Minority or deadlocked shareholders in a Cypriot company may become oppressed, defrauded or unfairly prejudiced by the controlling or majority shareholders.

In 2013, the Republic of Cyprus introduced the Law on the Establishment of a National Solidarity Fund (the ‘Fund') (Law 11(I)/2013) (the ‘Law') as a significant move towards financial governance.

The Registrar of Companies in Cyprus has introduced new penalties for the late submission of the Company's Annual Return (HE32), effective from the 18 December 2019.

New businesses and joint ventures are often established with shared ambitions for growth and success.

In today's fast-paced and regulated business environment, having standardised client acceptance policies and processes is crucial for companies aiming to deliver reliable...

Following the landmark judgement of the Court of Justice of the European Union in joined cases C-37/20 and C/601/20 (the "Judgment"), the Department of Registrar of Companies and Intellectual...

The formation of the first Cypriot SE is well advanced and, given the benefits of the Cypriot SE outlined below, we expect many businesses to follow this path.