Cyprus

10 Key Questions for Investors and Businesses! Inspired by recent economic reporting and financial education initiatives in Cyprus, including Kathimerini Cyprus. As Cyprus continues to outperform expectations, the country’s economy is demonstrating remarkable resilience. Strong growth, a healthy banking sector, increased investment, expanding professional services, tourism and innovation are reinforcing confidence among businesses and investors […]

As Personal Data continues to play an increasingly important role in business operations, ensuring the lawful handling of personal data has become a strict legal obligation and commercial necessity for businesses operating in, or targeting the European Union (EU). The regulatory framework governing this area is primarily established through the General Data Protection Regulation (GDPR),

Intellectual Property (IP), like patents, software and copyrights, is a key asset for businesses looking to grow and compete worldwide. Since IP often makes up a big part of a company’s value, Cyprus has created a very attractive Tax Regime called the IP Box Regime. This Regime encourages innovation and aims to facilitate both local

In Cyprus, mergers between Cyprus companies and cross-border mergers are regulated by the Cyprus Companies Law, Cap 113. Mergers between Cyprus Companies may take several forms, including the following: With the merger, the absorbing company absorbs all assets and liabilities of the absorbed company, which is dissolved without being liquidated. Procedure The merger procedure starts

Cyprus Companies Law (Cap.113) permits Cyprus-registered companies to transfer their registered office to another jurisdiction without the need for liquidation. This process is referred to as redomiciliation. This article refers specifically to companies incorporated in Cyprus and does not relate to the relocation of individuals, which is governed by separate legal frameworks. Requirements Prior to

A recent legal clarification in Cyprus has changed long-standing practice regarding property transactions and how encumbrances are handled by the Land Registry. No obligation to Notify Buyers at Filing Stage: A court-backed interpretation, confirms that the Land Registry Department is not required to inform buyers of property encumbrances (mortgages, memos, etc.) when a sale contract