Reducing a company’s share capital is a strategic decision that companies may undertake for various reasons. In Cyprus, this process is governed by the Companies Law, Cap. 113, and requires court approval, inter alia, to protect the interests of creditors and key stakeholders. What is a Share Capital Reduction? A share capital reduction allows a […]
Reduction of Share Capital of Cyprus Companies Read More »
A recent court case in Cyprus has highlighted the risks buyers may face when purchasing real estate in Cyprus. According to a report by Phileleftheros newspaper, a buyer purchased an apartment only to later discover that it had already been sold to someone else. The case highlights the importance of legal due diligence in real
Buying a Property in Cyprus: Role of the Land Registry & Due Diligence Read More »
The GDPR sets out extensive rules that businesses across the EU and handling data of EU citizens are required to follow. A key aspect of GDPR compliance is understanding the difference between personal data and sensitive data (also known as “special category data”). What is as Personal Data? Personal data is any information that can
GDPR: Personal vs. Sensitive Data Read More »
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