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), […]
Personal Data Protection and GDPR Compliance Read More »
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
The Cyprus IP Box Regime: A Smart Tax Advantage for Cyprus Businesses and Investors Read More »
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
An Overview of Mergers Between Cyprus Companies Read More »
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
Redomiciliation of Cyprus Companies (Outward): What You Need to Know! Read More »
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
Cyprus Property Transfer Rules Revised: Court Clarifies Encumbrance Disclosure. Read More »
What is Company Strike off? Strike off is the process by which a limited liability Company in Cyprus is removed from the Register of companies maintained by the Registrar of Companies in Cyprus. Strike Off Procedure A Company may be struck off in two ways: What Happens Next The Registrar of Companies publishes in the
Company Strike Off in Cyprus & Re-Instatement Read More »
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