Governments

An Overview of Mergers Between Cyprus Companies

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 […]

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Redomiciliation of Cyprus Companies (Outward): What You Need to Know!

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

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Cyprus Property Transfer Rules Revised: Court Clarifies Encumbrance Disclosure.

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

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Company Strike Off in Cyprus & Re-Instatement

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

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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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