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On the 12th of March 2021, the Registrar of Companies and Official Receiver (the "Registrar") pursuant to Article 61A of the Prevention and Suppression of Money Laundering and Terrorist Financing...

Back to back loans arrangements are often used when foreign investors set up a Company in a jurisdiction like Cyprus to use it as a financing company in order to finance other associated companies.

Liquidation or dissolution is a term which is used when a company decides to dissolve and materialize all its assets. This usually occurs when the company is deemed insolvent, i.e. cannot pay...

The Ministry of Finance has presented a new strategy for attracting businesses for activities or/and expansion of their activities to Cyprus in October 2021.

Few years after the approval by the Council of Ministers of the draft law "On the development and maintenance of a registry of social enterprises" and its subsequent submission to the competent committee of the House of Representatives under the name "The Social Enterprises Law of 2020"

The relevant regulatory bodies established in Cyprus for the licensing, supervision and control of legal entities carrying on banking, investment and ancillary services and insurance business...

On Friday 15th of October 2021, the Cyprus government announced its new action plan for attracting foreign businesses to establish or expand their activities in Cyprus.

EU businesses easily relocate to Cyprus or set up business in Cyprus and are free to employ staff from their EU home countries, thanks to the EU Freedom of Movement.

Cyprus is well known for its weather and location, but behind the lifestyle lies a sophisticated, business-friendly infrastructure.

In Cyprus, two longstanding tax mechanisms, Special Defence Contribution (‘SDC') and Deemed Dividend Distribution (‘DDD')...

As it is known already, the Russian Federation has sent an official notification to the Republic of Cyprus asking for the renegotiation of the Double Tax Treaty (DTT) agreement between the two countries.

Relocating a business to a new country can be a strategic move for growth and expansion. Cyprus, with its strategic location, favourable tax regime, and EU membership...

In this short article we will demonstrate to you what the best route to contact your business is in Cyprus. We take into consideration tax savings and of course the legal protection of the owner of the Company.

The use of a large number of Cypriot Companies as vehicles for carrying out joint ventures, led JV Partners to enter into Shareholders Agreements or JV Agreements, sometimes, without fully understanding the consequences, of their contractual arrangements, and especially and most importantly, the interplay, between the Company’s memorandum and articles of association on the one hand, and a shareholders agreement on the other.

For years, Environmental, Social and Governance (ESG) disclosures of companies (broadly referring to a company’s environmental impact, social practices and internal governance structure), were largely driven by reputational incentives and sustainable financing, showcasing a “green” or “responsible” corporate branding.

On 20 May 2015, the European Council issued the Directive (EU) 2015/849 (the "4th AML Directive"). The 4th AML Directive required Member States to establish a register of the ...

The acquisition of immovable property in Cyprus may be structured either as a direct purchase of the property or through the acquisition of shares in the company holding it. Although both structures may ultimately provide the investor with control over the same asset, their legal, financial and tax implications can differ substantially.

As per the provisions of the Directive, each company / legal entity, MUST declare its ultimate beneficial owners, physical persons, holding more than 25% of beneficial interest in the company