In a world of constant change and development of new technologies, even traditional banking institutions faced substantial competition during the last years. With the introduction of new technologies in the finance space (the infamous ‘fintech’) and new business models, one of the questions we are often asked by our clients is ‘What is the difference […]
EMIs vs Traditional Bank Read More »
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 »
Acquisition of Cyprus Citizenship due to Marriage Cyprus offers a straightforward and family-oriented pathway to Citizenship through marriage. Foreign nationals married to Cyprus citizens may apply for the Cyprus Citizenship through the M125 registration process. This option is governed by the Civil Registry Law 141(I)/2002. Eligibility Highlights: To be eligible to apply for the Citizenship
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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 »
Cyprus Digital Nomad Visa Scheme: Reopening of Applications The Deputy Ministry of Migration and International Protection officially, announced the reopening of applications for the Cyprus Digital Nomad Visa Scheme. The maximum number of new permits that will be issued by the Civil Registry and Migration Department under the Digital Nomad Visa Scheme is set to 500.
Cyprus Digital Nomad Visa Read More »
Pledging shares of a Cyprus Company (Share Pledge) is a very common practice to secure financial or commercial obligations. This article aims to explain what is a Pledge of shares in a Cyprus company, the process for establishing a share pledge, and its popularity as a security mechanism. What is a Share Pledge Agreement? A
Pledging Shares in a Cyprus Company Read More »
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