Cyprus company strike off and voluntary liquidation.
A company is a legal person. As such it has what is called “perpetual succession”. In other words it never dies. The question offers arises how a company can be...
Voluntary Liquidation of a Cyprus Company.
A Cyprus company is can be liquidated in two ways: By voluntary and involuntary liquidation. Voluntary liquidation. Voluntary liquidation can take two forms: voluntary liquidation by shareholders or voluntary liquidation by...
How to set up an NGO in Cyprus.
What is a non governmental organization (NGO) The term non governmental organization, in short NGO, is not defined anywhere, but it typically refers to a voluntary group or institution with...
Crypto Asset Services Provider (“CASP”) in Cyprus.
Introduction If you are a Crypto Asset Services Provider (“CASP”), within the meaning of the Prevention and Suppression of Money Laundering and Terrorist Financing Law (“AML/CFT Law”), that provides services...
Relocate your business to Cyprus via the Business Facilitation Unit.
Headquartering to Cyprus made easy. A company owned by Non EU nationals can relocate to Cyprus with a minimum investment of €200,000 euro. Cyprus has established a “Business Facilitation Unit...
What is a share pledge agreement under Cyprus law.
Under Cyprus law, a pledge of shares refers to the granting of a security interest in shares of a company as collateral for a debt or other obligation. It involves...
Suspension of access to the Register of Beneficial Owners for the general public
The Registrar of Companies has today (28/11/2022) anounced that following the judgment of the the Court of Justice of the European Union (CJEU), 22/11/2022, in joined cases C-37/20 and C-601/20, access...
The CJEU strikes a blow to the UBO public registries.
The Court of Justice of the European Union in a judgment delivered on 22/11/2022, in a preliminary ruling, decided that the provision whereby the information on the beneficial ownership of...
Cyprus Startup Visa
1.Introduction The Scheme is valid from 1st June 2022 until 31st May 2024. The “Cyprus Startup Visa” Scheme allows talented entrepreneurs from third countries [outside the European Union (EU) and...
The UBO Registry. Update by the Registrar of Companies -25/07/2022
The Registrar of Companies provided an update on 25/07/2022 as regards the operation of the UBO Registry. The anouncement states that the operation of the Interim Solution for submission of...