Clauses providing for drag along and tag along rights, are becoming increasingly common in Shareholders’ Agreements. What are these rights and what purpose do they serve? A Shareholders’ Agreement is a private agreement between the shareholders of a company which regulates their relationship, the rights and obligations towards each other and sets the grounds in […]
Drag Along and Tag Along Rights in Shareholders Agreements Read More »
We are often asked to advise on a Company having a 50-50 share and profit allocation. When first starting out, there is little to divide and to argue over. It is thus easy to agree on a 50-50 allocation of rights and profits. What happens however when the business hits rough water? Our response is
50-50 and Shareholder’s Arrangements Read More »
As a measure to enhance transparency in transactions and operations of companies and other legal entities in Cyprus, in early 2021, the government of Cyprus amended the Law for the Prevention and Suppression of Money Laundering Activities to implement the 5th EU Anti-Money Laundering (AML) Directive. The amended legislation introduced the requirement to establish Registers
The Register of Ultimate Beneficial Owners in Cyprus Read More »
The Cyprus Government has revised and improved its existing policy for Companies wishing to transfer employees to Cyprus and employee Third Country (Non-EU) Nationals). Under the new Government scheme which entered into force as of January 1, 2022, the Business Facilitation Unit (BFU) of the Ministry of Energy, Commerce and Industry in Cyprus is the
Moving Employees to Cyprus: Revised Policy for Third Country Nationals Read More »
Have you been promoting your brand without registering a Trademark? Don’t let your marketing efforts go to waste. The EUIPO has renewed and expanded its successful subsidy program aiming at assisting EU Companies to protect their Intellectual Property Rights, recognizing the importance for businesses to protect their IP in the digital era. The program
TRADEMARK REGISTRATION: Renewed EU Subsidy Scheme Read More »
The Cyprus Government has recently announced its new scheme to attract business to operate or expand their activities in Cyprus. The new scheme is expected to be implemented as of January, 2022. One of the main benefits announced is the introduction of the so-called ‘Digital Nomad Visa’. Eligible to apply for the Cyprus Digital Nomad
New Cyprus Digital Nomads Visa Announced Read More »
Sign up for the monthly newsletter and never miss an update.
