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  • Article

    Cyprus Companies LAW CAP 113 On The Removal Of Director By The Shareholder(s)

    Several times we came across shareholder(s) disputes with the directors regarding the day-to-day management of a Cyprus company or the blocking of a decision of a Cyprus company by its director(s).
    CyprusCorporate/Commercial Law
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Duties And Liabilities Of ‘'Nominee Directors''

    The Law Commission in its Consultation Paper on Directors' Duties 1998 (CP 153), explained the term ‘'nominee director'' as referring to persons who
    CyprusCorporate/Commercial Law
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Requisition For The Removal Of A Director

    In the corporate system of Cyprus, one of the most important roles is that of the director of a company. This is evident in the Companies Law Cap. 113 (the "Law").
    CyprusCorporate/Commercial Law
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    Distribution Of Dividends By Private And Public Companies In Cyprus

    Dividend distributions by a Cyprus company can be either interim or final. Interim and final dividends are treated differently under Cyprus law.
    CyprusCorporate/Commercial Law
    Antoniou McCollum & Co.
    Antoniou McCollum & Co.
  • Article

    Key Considerations In Shareholders' Agreements

    A shareholders' agreement (SHA) is a contract that governs the relationship among a company's shareholders and between the company and its shareholders.
    CyprusCorporate/Commercial Law
    STELIOS AMERICANOS & CO LLC
    STELIOS AMERICANOS & CO LLC
  • Article

    Launching Of The Final Solution – UBO Register

    Announcement of the Registrar of Companies – Implementation of the final solution...
    CyprusCorporate/Commercial Law
    KPMG in Cyprus
    KPMG in Cyprus
  • Article

    Company Directors In Cyprus

    A private company in Cyprus needs at least one director to operate and a public company needs at least two directors. A sole director cannot be the company secretary at the same time...
    CyprusCorporate/Commercial Law
    A. Danos & Associates LLC
    A. Danos & Associates LLC
  • Article

    Shareholder’s Agreement – Benefits And Advantages

    A Shareholder's Agreement is distinct from the company's constitution. Without a Shareholder's Agreement, the Company would be controlled solely and exclusively by the exercise of shareholding or directorship rights, through its constitution, and the Cyprus Companies Laws, which are generally insufficient, to protect the rights and interests of minority shareholders.
    CyprusCorporate/Commercial Law
    Soteris Pittas & Co L.L.C
    Soteris Pittas & Co L.L.C
  • Article

    Τhe Role, Functions And Responsibilities Of A Company's Secretary

    Τhe role and functions of the secretary as contemplated by the Law are administrative in nature.
    CyprusCorporate/Commercial Law
    A. Karitzis & Associates L.L.C
    A. Karitzis & Associates L.L.C
  • Article

    Members' s Voluntary Winding Up Of A Company

    The option of voluntary winding up a company is afforded pursuant to Article 203 of the Companies Law, Cap 113 as amended from time to time (the "Law").
    CyprusCorporate/Commercial Law
    Akis Papakyriacou
    Akis Papakyriacou
  • Article

    Establishment Of A Branch In Cyprus

    This does not amount to the creation of a new legal entity in Cyprus; the entity incorporated abroad simply has a branch, through the overseas company, in Cyprus and may operate through it...
    CyprusCorporate/Commercial Law
    Chryssafinis & Polyviou LLC
    Chryssafinis & Polyviou LLC
  • Article

    COVID-19: How It Affects Annual General Meetings

    Due to the outbreak of the Coronavirus Disease ("COVID-19"), the Republic of Cyprus, like many other countries, has declared a state of emergency and imposed a national lockdown in an attempt to contain the spread of COVID-19.
    CyprusCoronavirus (COVID-19)
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Shareholder Remedies: The Case Of Tianrui v China Shanshui

    In the landmark decision of the Privy Council in Tianrui (International) Holding Company Ltd v China Shanshui Cement Group Ltd (Cayman Islands) [2024] UKPC 36...
    CyprusCorporate/Commercial Law
    George Z. Georgiou & Associates LLC
    George Z. Georgiou & Associates LLC
  • Article

    The Mechanism Of Redemption Of Shares Under The Companies Law, Cap. 113

    The ability of a Cyprus company to issue redeemable shares is determined in its Articles of Association that constitutes the instrument that sets out the regulations with regards to the operation of the Company.
    CyprusCorporate/Commercial Law
    A. Karitzis & Associates L.L.C
    A. Karitzis & Associates L.L.C
  • Article

    What Are The Pros And Cons Of Corporate Liquidation In Cyprus?

    During these difficult times, both SMEs and mutli-national businesses face financial struggles including cash flow shortages and decreased revenue.
    CyprusInsolvency/Bankruptcy/Re-Structuring
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Derivative Actions – Protection Of Minority Shareholder Rights Revisited

    There are many reasons why Cyprus courts refrain from interfering in the internal affairs of limited liability companies.
    CyprusCorporate/Commercial Law
    Solsidus Law
    Solsidus Law
  • Article

    Revised Policy Regarding The International Business Company Scheme

    On April 24, 2013, the Council of Ministers approved the policy for the issue and renewal of Temporary Residence and Employment Permits for third country nationals employed by International Business Companies / Companies ...
    CyprusInternational Law
    A. Karitzis & Associates L.L.C
    A. Karitzis & Associates L.L.C
  • Article

    The Cyprus Holding Company

    Cyprus as a member of the European Union and a member of the Whitelist of OECD has an excellent reputation of a reputable financial center with a solid commitment to act against harmful Taxation practices...
    CyprusWealth Management
    K.P.S. Services Limited
    K.P.S. Services Limited
  • Article

    The Rights Of A Shareholder In A Cyprus Company

    A shareholder is an owner of shares in a company. A shareholder can be a physical person or a legal entity (such as a company).
    CyprusCorporate/Commercial Law
    A. Danos & Associates LLC
    A. Danos & Associates LLC
  • Article

    Lifting Of The Corporate Veil

    As a general rule, a company is recognised in law as a separate legal person, distinct from its shareholders and directors. This means that the company itself can own assets, enter into contracts...
    CyprusCorporate/Commercial Law
    Frangos Law
    Frangos Law
  • Showing 41–60 of 142 results

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