Elena Mylonas

Members’ Voluntary Liquidation of a Cyprus Company

Liquidation is the process of dissolving a Company and distributing its assets to the Company’s creditors and shareholders.   In Cyprus, the liquidation procedure is regulated by the Companies Law, Cap. 113, which specifies the below two types of liquidation: Members’ Voluntary Liquidation The liquidation procedure commences with the passing of a resolution by the […]

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Cyprus Companies Share Pledges: Legal Framework, Process & Strategic Advantages!

Pledging shares in a Cyprus company is one of the most widely used mechanisms for securing financial and commercial obligations. Whether in financing arrangements or corporate transactions, a share pledge offers a reliable and flexible form of security. This article provides a comprehensive overview of share pledges in Cyprus, including their legal nature, how they

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Reduction of Share Capital of Cyprus Companies: Procedure and Requirements!

A reduction of share capital is a strategic corporate action that a company may undertake for a variety of reasons. In Cyprus, this process is regulated by the Companies Law, Cap. 113, and is designed to ensure proper safeguards for creditors and other stakeholders. What is a Share Capital Reduction? A share capital reduction refers

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Cyprus Company: Increase of Share Capital – Process and Requirements!

The vast majority of private limited liability companies in Cyprus are incorporated with a share capital. There are instances where shareholders may wish to inject additional funds into the company. One of the most common and structured ways to do this is through an increase of the company’s authorised share capital, followed by the issuance

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Business Reorganisations in Cyprus: An Overview

Corporate and Business reorganisations are an important tool for companies operating in Cyprus, enabling them to restructure their operations, achieve greater efficiency, and adapt to commercial or regulatory needs. Under Cyprus law, a reorganisation is not limited to the classic merger of two or more companies but could be used to achieve a variety of

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Company Incorporation in Cyprus: A Strategic Choice for International Business!

Why Cyprus? Cyprus has become one of the most attractive jurisdictions in Europe for Company Incorporation. As a full member of the European Union, it offers access to the EU single market, a well-regulated financial system, and a stable legal framework based on English common law principles. Its strategic location between Europe, the Middle East,

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