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In view of the above, a company is governed by the Companies' Law Cap. 113

In this era of globalisation, where corporate sustainability is a common concern, the European Council approved the Corporate Sustainability Due Diligence Directive (CSDDD).

Since 17 December 2009, the EU Regulation (EC) No 893/2009 on the Law Applicable to Contractual Obligations ("Rome I Regulation") is directly applicable in the Republic of Cyprus...

On the 13th March 2023, the Cyprus Securities and Exchange Commission (hereby ‘'CySEC'') published its Policy Statement PS-01-2023 on the application of Regulation (EU) 2020/1503 on European Crowdfunding Service Providers

In particular, article 61A (4)(a) of the Prevention and Suppression of Money Laundering and Terrorist Financing Law (13(I)/2018) provided for the introduction of the UBO Register.

Cyprus companies with overdue annual returns and financial statements now have until 31 December 2026 to bring their filings up to date following the Registrar's extension announcement. Directors should work backwards from the filing date to identify missing records, reconcile balances, and complete financial statements, with transaction companies receiving priority attention. Missing filings can create immediate problems when businesses need finance, buyers begin due diligence, or groups plan restructuring

As an EU member state, Cyprus offers a pleasant climate, adequate infrastructure and a convenient geographical location. There are two main airports which provide frequent flights to most European cities...

Similarly Cyprus Contract Law is identical to the English Contract Law and follows very closely the UK precedents.

Cyprus is the third largest island in the Mediterranean Sea and located towards the East, internationally known for its sunny climate, crystal clear waters...

From the 15th March 2024, a new set of legal provisions started to apply whenever a Cyprus Company is converted from a Cyprus company to one of the companies of the Member States of the European Union...

In tandem with the legal position under English law, albeit with certain structural variations which will be addressed in this article, fraudulent trading in Cyprus is both a civil and criminal concept.

Financial Institutions: what to have in mind before entering into a Banking and Finance transaction?

The case involved a claim for lost profits by a Cypriot Company which had submitted a bid for the supply of legal publications but was not awarded the contract...

The changing regulatory requirements, global tax reforms and initiatives such as the Base Erosion and Profit Shifting (BEPS) action plan undertaken by the OECD raise important questions...

As a general rule, a company in the Republic of Cyprus should give priority in employment recruitment to Cypriots and EU nationals before employing a Third Country National.

From the 15th March 2024, a new set of legal provisions started to apply whenever a Cyprus Company is converted from a Cyprus company to one of the companies of the Member States of the European Union or when a company from a Member State of the European Union is converted to a Cyprus company. This is due to the amendment of the Companies Law (No.3) of 2024 (Law 26(I)/2024) (the “Amendment Law”) that transposed into domestic law the provisions of Directive (EU) 2019/2121 (the “Mobility Directive”) that amended Directive (EU) 2017/1132 as regards cross-border conversions.

Cyprus have introduced the remote employer scheme where any company whether the EU or from a 3rd Country can hire anyone in Cyprus under the status of remote employer.